secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001810019-22-000169
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001922000169/0001810019-22-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001922000169/rxt-20221117.htm
  HTML page:      https://secwatch.observer/filing/0001810019-22-000169

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