IonQ announced a comprehensive compensation package for CEO Peter Chapman on December 16, 2024. The package includes performance stock units (PSUs) offering up to 358,764 shares based on technical and financial goals through December 2026, with a target of 119,588 shares. The award is contingent on meeting specific stock price hurdles and performance metrics, with achievement ranging from 0% to 300% of target.The Board approved two $10 million cash bonuses for Chapman, payable by December 31, 2024, and December 31, 2025, respectively. The 2024 bonus recognizes his outstanding leadership and previous declination of long-term equity incentives. Additionally, Chapman's annual salary will increase from $505,000 to $700,000.The compensation structure aims to align Chapman's interests with stockholders and incentivize long-term growth strategy execution. No additional cash or equity incentives are planned before 2027. The package includes provisions for bonus payments in case of termination without cause or resignation for good reason.

IonQ announced a comprehensive compensation package for CEO Peter Chapman on December 16, 2024. The package includes performance stock units (PSUs) offering up to 358,764 shares based on technical and financial goals through December 2026, with a target of 119,588 shares. The award is contingent on meeting specific stock price hurdles and performance metrics, with achievement ranging from 0% to 300% of target.The Board approved two $10 million cash bonuses for Chapman, payable by December 31, 2024, and December 31, 2025, respectively. The 2024 bonus recognizes his outstanding leadership and previous declination of long-term equity incentives. Additionally, Chapman's annual salary will increase from $505,000 to $700,000.The compensation structure aims to align Chapman's interests with stockholders and incentivize long-term growth strategy execution. No additional cash or equity incentives are planned before 2027. The package includes provisions for bonus payments in case of termination without cause or resignation for good reason.