secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001810019-22-000157
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace Technology EVP and Managing Director of EMEA Martin Blackburn to depart Dec 7, 2022
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- Martin Blackburn, EVP and Managing Director of EMEA, will leave the company effective Dec 7, 2022.
- Departure is not due to any disagreement with the company's operations, policies, or practices.
- Separation includes 18 months of salary, pro-rata 2022 bonus, and 12 months of continued health benefits.
- He will also receive the next vesting tranche of certain time-based RSUs granted in 2021 and 2022.
- No replacement has been announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001922000157/0001810019-22-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001922000157/rxt-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001810019-22-000157

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