ColdQuanta Announces Dan Caruso as Executive Chairman and Interim CEO
(HPC.Wire) ColdQuanta, a leader in Cold Atom Quantum Technology, today announced Dan Caruso as its Executive Chairman and interim CEO. Over the past several years, ColdQuanta has developed world leading expertise in one of the most scalable, versatile, and commercially viable areas of quantum – the Cold Atom Method. As Executive Chairman, Dan will oversee the strategic direction and rapid growth of one of the world’s most influential companies in the burgeoning field of quantum computing, sensing and networking.
Dan has deep experience scaling businesses from startup to IPO, and is an active investor in the tech industry. He has been a member of three startups, all of which are valued at over $10 billion: Zayo Group, Level 3 Communications, and MFS Communications. Prior to ColdQuanta, Caruso was the co-founder, chairman and CEO of Zayo Group, a global provider of internet infrastructure. Caruso led Zayo through an IPO to create a multi-billion dollar company. He later took Zayo private and sold the company in March of 2020 in a $14.3 billion deal. Prior to Zayo, Caruso was one of the founding executives of Level 3 Communications and the former CEO of ICG Communications.
Bo Ewald, ColdQuanta’s CEO and a pioneer in supercomputing, has announced his retirement. ColdQuanta’s Board of Directors has embarked upon a search for the company’s next CEO, who will lead ColdQuanta’s transformation into a world leader of quantum computing, networking and sensing applications. Dan Caruso will serve as interim CEO during the search. ColdQuanta’s directors and the team thank Mr. Ewald for his leadership over the past two years. Dr. Tim Day, the company’s existing Executive Chairman, will transition to the ColdQuanta Board.