---
schema_version: "secwatch.filing_event.v1"
accession: "0001810019-24-000005"
form_type: "8-K"
ticker: "RXT"
cik: "0001810019"
company_name: "Rackspace Technology, Inc."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:00:55.636584+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rackspace CFO Bobby Molu resigns, Mark Marino promoted to CFO effective Jan 12; Q4 guidance reaffirmed

## Summary
- Bobby Molu resigns as EVP & CFO effective Jan 12, 2024; advisory role through Feb 23.
- Mark Marino, previously CAO, appointed CFO effective Jan 12; reports to CEO.
- Marino receives $530k base salary, $200k signing bonus, $3M RSUs + $1M PSUs (3-yr vest), 85% target bonus.
- Company reaffirms Q4 2023 financial guidance from Nov 7, 2023; no new numbers disclosed.

## SEC filing metadata
- accession: 0001810019-24-000005
- form_type: 8-K
- ticker: RXT
- cik: 0001810019
- company_name: Rackspace Technology, Inc.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000005/0001810019-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000005/rxt-20240109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001810019-24-000005
- JSON: https://secwatch.observer/filing/0001810019-24-000005.json
- Plain text: https://secwatch.observer/filing/0001810019-24-000005.txt

## Key facts
- Executive change
  Mark Marino was appointed as Chief Financial Officer at Rackspace Technology, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective January 12, 2024, the Company appointed Mr. Mark Marino as Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000005/0001810019-24-000005-index.htm
- Executive change
  Bobby Molu resigned as Executive Vice President and Chief Financial Officer at Rackspace Technology, Inc..
  - Action: resigned
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mr. Naushaza "Bobby" Molu informed the Company of his intention to resign as Executive Vice President and Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810019/000181001924000005/0001810019-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.