Rackspace Technology(RXT) Newsfilter·2025-01-17 14:00Board and Executive Transitions - Jeffrey Benjamin succeeds David Sambur as Independent Chairman of the Board, bringing over 25 years of investment management experience and prior board roles at American Airlines Group and Caesars Entertainment Company [2] - Vikram Mahidhar joins the Rackspace Board, bringing expertise in digital, data, and artificial intelligence from his roles at Apollo Global Management and Genpact, and replaces Susan Arthur who stepped down [3] - Brian Lillie, President of Private Cloud, will leave his position to focus on personal commitments, with CEO Amar Maletira assuming the Interim Leader role for the Private Cloud business [4] Financial Performance and Outlook - The company achieved record-breaking quarterly sales bookings in Q4 2024, with high double-digit growth year-over-year and sequentially [5] - Rackspace Technology reaffirms its financial guidance for Q4 2024, as previously provided in a press release on November 12, 2024 [6] Company Overview - Rackspace Technology is a leading end-to-end multicloud technology solutions company, capable of designing, building, and operating cloud environments across all major technology platforms [7]