Rackspace Technology appoints Bobby Molu as CFO effective January 16, 2023

Rackspace Technology, Inc.

Molu will receive $570k annual base salary, $500k signing bonus, RSUs of $2.5M, and PSUs of $2.5M.
Annual equity award of $2M for FY2023; no less than $3.5M for FY2024 and FY2025.
Molu joins from Mastercard where he was CFO of International Markets; previously 15 years at Hewlett-Packard.
He fills the CFO role after Amar Maletira became CEO in September 2022.

item 5.02 item 7.01 item 9.01

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Appointed

Naushaza Molu

Executive Vice President and Chief Financial Officer

RXT · Rackspace Technology, Inc.

Effective: 2023-01-16
Filed: November 18, 2022, 6:59 PM ET

On November 17, 2022, Rackspace Technology, Inc. (the “Company”) announced that Mr. Naushaza Molu will join the Company as its Executive Vice President and Chief Financial Officer effective January 16, 2023 (the “Effective Date”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Naushaza Molu was appointed as Executive Vice President and Chief Financial Officer at Rackspace Technology, Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On November 17, 2022, Rackspace Technology, Inc. (the “Company”) announced that Mr. Naushaza Molu will join the Company as its Executive Vice President and Chief Financial Officer effective January 16, 2023 (the “Effective Date”).

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Rackspace Technology, Inc. filing history →

Source: SEC EDGAR

accession 0001810019-22-000169

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