Rackspace names Gajen Kandiah CEO, effective Sept 3; Maletira becomes Vice Chairman

Rackspace Technology, Inc.

Mr. Kandiah appointed CEO effective Sept 3, 2025; succeeds Amar Maletira who becomes Vice Chairman until Sept 30.
Kandiah previously President/COO of Hitachi Digital, CEO of Hitachi Vantara; 16 years at Cognizant.
Employment agreement: $1M salary, 150% bonus target, 4M RSUs and 6M stock options vesting over 4 years.
Maletira to step down from board after Sept 30; transition supports Rackspace's AI-first multicloud strategy.
Strategic priorities include accelerating platform innovation in cloud management and private AI, deepening partnerships.

item 5.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.