leadership
confidence high
sentiment negative
materiality 0.60
Rackspace Technology director Vikram Mahidhar and President Srinivas Koushik resign
Rackspace Technology, Inc.
- Director Vikram Mahidhar resigns effective Sept 30, 2025, due to departure from Apollo Global Management; no dispute with company.
- President, Technology, Sustainability and AI Srinivas Koushik resigns Sept 24, 2025; eligible for pro-rata 2025 bonus in exchange for transition services and restrictive covenants.
- No replacements announced for either role; departures occur within same week.
item 5.02