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EigenQ (proposed Nasdaq: EIGQ) appointed long-time board member and advisor Mark Pecen as Vice Chairman and promoted Alexander Truskovsky to the newly created role of Chief Information Security Officer. According to EigenQ, these moves bolster its executive team as it scales quantum-safe technologies and commercial operations ahead of a proposed merger with Silicon Valley Acquisition Corp (Nasdaq: SVAQ).
Truskovsky will lead information security strategy, cybersecurity governance and risk management, while continuing to shape product design and security. EigenQ and SVAQ have a definitive business combination agreement, and the combined company is expected to trade on the Nasdaq Global Market as EIGQ, subject to shareholder and regulatory approvals.