Carl Weimer
About Carl Weimer
Carl Weimer, age 63, is an independent director of Quantum Computing Inc. (QUBT) who has served on the Board since January 14, 2023. He is a physicist with 25+ years in aerospace optics and space instrumentation, recognized with a 2008 NASA Distinguished Public Service Medal, and holds a B.S. (Harvey Mudd), M.S., and Ph.D. (Colorado State) in experimental physics, with seven U.S. patents in optical systems .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ophir Corporation (aerospace optics) | Director of Research | 1994–2000 | Led research; aerospace optics focus |
| Ball Aerospace & Technologies Corp. (now BAE Systems SMS) | Technical Leader; Chief Technologist, Civil Business Unit | 2000–2025 (Chief Technologist since 2014) | Developed advanced high-reliability instrumentation; NASA medal for space-based lidar (2008) |
| NASA Earth Science Technology Office | Principal Investigator | 2008–present | PI on earth science tech projects; seven U.S. patents (optical systems) |
External Roles
| Organization | Role | Tenure/Status | Notes |
|---|---|---|---|
| BAE Systems SMS (formerly Ball Aerospace & Technologies) | Chief Technologist, Civil Business Unit | Since 2014; Ball tenure 2000–2025 | Advanced space missions R&D leadership |
| NASA Earth Science Technology Office | Principal Investigator | Since 2008 | Ongoing PI role |
Board Governance
- Independence and service: The Board affirmatively determined Weimer is independent; he has served since Jan 14, 2023 .
- Committee assignments (2025): Audit Committee member; Chair, Nominating & Corporate Governance Committee; not on Compensation Committee; remains independent .
- Committee transition (2024→2025): In 2024, he served on Audit and Compensation; by 2025 he moved to Chair Nominating & Governance and off Compensation .
- Meeting attendance: The Board met 16 times in 2024 and each director attended at least 75% of Board/committee meetings; in 2023 the Board met 9 times with each director attending at least 75% .
- Committee activity levels (2024): Audit (7 meetings), Compensation (1), Nominating & Governance (1), indicating relatively higher workload on Audit .
- Risk oversight and executive sessions: The Board conducts executive sessions of independent directors and oversees risk, including via a Risk Committee and specific cybersecurity oversight protocols .
Fixed Compensation
- Program (2025 approved): Base annual stipend $60,000 for non-employee directors; additional annual stipends: Vice Chair $12,000; Audit Chair $12,000; Chairs of Risk, Compensation, and Nominating & Governance $6,000 each; paid quarterly .
| Director Compensation (Weimer) | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash ($) | 36,000 | 36,913 |
| Stock Awards ($) | 0 | 0 |
| Stock Options ($) | 130,812 | 32,492 |
| Total ($) | 166,812 | 69,405 |
- Director compensation policy notes: The company does not time equity awards around material nonpublic information; 2024 and 2025 disclosures show director pay comprised of cash retainers plus equity (options) .
Performance Compensation
- No performance-conditional metrics are disclosed for non-employee director compensation (e.g., no PSU/TSR/financial KPIs); director pay is described as cash stipends and equity, with no performance conditions specified in the director compensation section of the 2024 and 2025 proxies .
Other Directorships & Interlocks
| Company | Role | Interlock/Notes |
|---|---|---|
| None disclosed (public company boards, past 5 years) | — | The proxy biographies list other public directorships if any; none are listed for Weimer . |
Expertise & Qualifications
- Advanced optics and space-instrumentation expertise; NASA Distinguished Public Service Medal (2008) .
- Seven U.S. patents in optical systems; 25+ years aerospace experience .
- Academic credentials: B.S. Harvey Mudd (1984); M.S. (1987) and Ph.D. (1992) Colorado State (experimental physics) .
Equity Ownership
| Metric | As of Oct 18, 2024 | As of Apr 21, 2025 |
|---|---|---|
| Total Beneficial Ownership (shares) | 175,000 | 225,000 |
| Ownership (% of Outstanding) | 0.17% | 0.2% |
| Composition | Entirely vested options to purchase common stock | Entirely vested options to purchase common stock |
| Shares Pledged | Not disclosed in proxy | Not disclosed in proxy |
Related-Party Transactions and Conflicts
- The company reports no related-party transactions >$120,000 involving directors or their immediate family members since the start of the last fiscal year; none are disclosed for Weimer .
- Hedging by officers and directors is prohibited under the insider trading policy, which reduces misalignment risk from derivatives strategies .
Insider Trading & Section 16 Compliance
- Section 16(a) compliance: Based on company review, no director or Section 16 officer failed to file timely during 2023, except a previously disclosed late Form 4 by former CEO/Chair Robert Liscouski; no Weimer delinquency noted .
Governance Assessment
- Strengths: Independent director with deep technical background; Chairs Nominating & Governance and serves on Audit; attendance threshold met; no related-party exposures disclosed; hedging prohibited—supportive of investor-alignment and board effectiveness .
- Watch items / potential red flags: Company underwent a restatement of 2022–2023 financials and auditor change in 2024; as an Audit Committee member, Weimer’s role heightens expectations for oversight quality going forward; Audit Committee reviewed and recommended the 2024 audited financials post-transition to BPM LLP . Director equity appears entirely in options, with no disclosed direct share ownership—alignment may be more option-levered than ownership-based .
- Compensation structure observations: 2024 director total comp declined vs. 2023 primarily due to lower option grant value; 2025 cash retainers increased and chair stipends formalized, improving transparency and potentially supporting engagement for committee leadership .