# Rigetti Computing corporate restructuring

> Live situation record from CLSTR: https://clstr.news/situations/rigetti-computing-corporate-restructuring
> Updated: 2026-08-19T23:00:00.000Z. Sources: 2. Developments: 2.

Rigetti Computing has announced a corporate restructuring aimed at scaling the deployment of on-premises quantum systems and prioritizing quantum processor development. 

The company is centralizing its manufacturing, software, and commercial functions through the establishment of a dedicated Systems Delivery organization. Leadership changes include the creation of a new Chief Operating Officer role, which will be filled by former CTO David Rivas, while Andrew Bestwick has been promoted to Chief Technology Officer.

## Timeline

### 2026-08-19: Rivian shares rise as Rigetti announces quantum computing restructuring

Rivian Automotive shares rose 6% amid analyst rating shifts, while Rigetti Computing announced a leadership restructuring to scale its quantum computing systems.

2 sources. https://clstr.news/cluster/rivian-shares-rise-as-rigetti-announces-quantum-computing-restructuring

### 2026-08-05: Rush Enterprises and Rigetti Computing Stock Moves

Rush Enterprises director sold 6,500 shares as the company posted earnings beat and a stock split; Rigetti Computing fell 3.8% despite analyst buy ratings and a modest earnings beat.

2 sources. https://clstr.news/cluster/rush-enterprises-and-rigetti-computing-stock-moves

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Cite as: Rigetti Computing corporate restructuring. CLSTR, https://clstr.news/situations/rigetti-computing-corporate-restructuring