Source-grounded facts extracted from Rackspace Technology, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Dharmendra Kumar Sinha departed as President, Public Cloud at Rackspace Technology, Inc..
“Mr. Dharmendra Kumar Sinha is expected to depart from his position as President, Public Cloud of Rackspace Technology, Inc., effective on or about September 14, 2026.”
Rackspace Technology, Inc. shareholders approved Approve an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of shares authorized for issuance at the 2026-06-18 meeting.
“The Company’s stockholders voted to approve the amendment to the 2020 Incentive Plan.”
Rackspace Technology, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers (say-on-pay) at the 2026-06-18 meeting.
“The Company’s stockholders approved, on a non-binding, advisory basis, the executive compensation of the Company’s named executive officers.”
Rackspace Technology, Inc. shareholders approved Ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-06-18 meeting.
“The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Rackspace Technology, Inc. shareholders approved Election of Gajen Kandiah and Michael Weston as Class III Directors at the 2026-06-18 meeting.
“The Company’s stockholders duly elected Gajen Kandiah and Michael Weston, by at least a plurality of the votes cast, to serve as Class III Directors until the 2029 annual meeting of stockholders and until a successor is elected and qualified, subject, however, to such director's earlier death, resignation, retirement, removal or disqualification.”
Rackspace Technology, Inc. reported the fiscal quarter ended March 31, 2026 results: revenue $678 million, net income $8 million, EPS $0.03.
“filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Rackspace Technology Reports First Quarter 2026 Results • Revenue of $678 million in the First Quarter, up 2% Year-over-Year • Private Cloud Revenue was $235 million, down 6% Year-over-Year • Public Cloud Revenue was $443 million, up 7% Year-over-Year • First”
Rackspace Technology, Inc. engaged KPMG LLP as its auditor.
“On March 21, 2025 , following a competitive bid process, the Audit Committee approved the appointment of KPMG LLP ("KPMG") to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.”
Rackspace Technology, Inc. dismissed PricewaterhouseCoopers LLP as its auditor.
“The Audit Committee (the "Audit Committee") of the Board of Directors of Rackspace Technology, Inc. (the "Company") dismissed PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm on March 21, 2025.”
Susan Arthur resigned as director at Rackspace Technology, Inc..
“Mr. David Sambur and Ms. Susan Arthur resigned as members of the Board (and, with respect to Mr. Sambur, as chairman of the Board and as member of the Board's nominating and corporate governance, compensation and executive committees).”
David Sambur resigned as director at Rackspace Technology, Inc..
“Mr. David Sambur and Ms. Susan Arthur resigned as members of the Board (and, with respect to Mr. Sambur, as chairman of the Board and as member of the Board's nominating and corporate governance, compensation and executive committees).”
Vikram Mahidhar was appointed as director at Rackspace Technology, Inc..
“appointed Mr. Vikram Mahidhar as a director of the Company.”
Rackspace Technology, Inc. reported first quarter ended March 31, 2024 results: revenue $691 million.
“filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Rackspace Technology Reports First Quarter 2024 Results • Revenue of $691 million in the First Quarter, down 9% Year-over-Year • Private Cloud Revenue was $268 million, down 15% Year-over-Year • Public Cloud Revenue was $422 million, down 5% Year-over-Year •”
Rackspace Technology, Inc. updated its the fiscal quarter and year ended December 31, 2023 guidance (reaffirmed).
“On April 2, 2024, the Company reaffirmed the financial guidance provided by the Company in the previous press release dated March 12, 2024.”
Rackspace Technology, Inc. incurred senior notes of approximately $93.3 million aggregate principal amount of New Secured Notes with holders of Existing Secured Notes maturing due 2028.
“On April 2, 2024, the Company closed the early settlement of the Public Notes Exchange, pursuant to which (i) approximately $133.3 million aggregate principal amount of Existing Secured Notes were exchanged or purchased for cancellation and (ii) approximately $93.3 million aggregate principal amount of New Secured Notes were issued by the New Borrower under the New Secured Notes Indenture.”
Rackspace Technology, Inc. incurred term loan of approximately $375 million aggregate principal amount with Citibank, N.A..
“On March 26, 2024, the Company closed the Public Term Loan Exchange, pursuant to which (i) approximately $530 million aggregate principal amount of remaining Existing Term Loans were exchanged or purchased for cancellation and (ii) approximately $375 million aggregate principal amount of New FLSO Term Loans were issued by the New Borrower under the New Credit Agreement.”
Rackspace Technology, Inc. reported financial results for the fiscal quarter and year ended December 31, 2023.
“On March 12, 2024, the Company issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.”
Rackspace Technology, Inc. entered into First Lien Credit Agreement with Citibank, N.A., administrative agent and collateral agent (effective 2024-03-12).
“the New Borrower entered into a First Lien Credit Agreement, dated March 12, 2024 (the “ New Credit Agreement ”), among Rackspace Finance Holdings, LLC (“ New Holdings ”), the New Borrower, the lenders and issuing banks party thereto and Citibank, N.A., as administrative agent and collateral agent”
Thomas Cole departed as director at Rackspace Technology, Inc..
“Mr. Cole unexpectedly passed away over the recent holiday season.”
Mark Gross was appointed as director at Rackspace Technology, Inc..
“Effective February 6, 2023, the board of directors (the "Board") of the Company, with the recommendation of the Nominating and Corporate Governance Committee, appointed Mr. Mark Gross as a member of the Board.”
Mark Marino was appointed as Chief Financial Officer at Rackspace Technology, Inc..
“Effective January 12, 2024, the Company appointed Mr. Mark Marino as Chief Financial Officer.”
Bobby Molu resigned as Executive Vice President and Chief Financial Officer at Rackspace Technology, Inc..
“Mr. Naushaza "Bobby" Molu informed the Company of his intention to resign as Executive Vice President and Chief Financial Officer”
Rackspace Technology, Inc. reported third quarter ended September 30, 2023 results: revenue $732 million, net income $(227) million, EPS $(1.05).
“filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Rackspace Technology Reports Third Quarter 2023 Results • Revenue of $732 million in the Third Quarter, down 7% Year-over-Year • Private Cloud Revenue was $300 million, down 13% Year-over-Year • Public Cloud Revenue was $433 million, down 3% Year-over-Year •”
Rackspace Technology, Inc. entered an off-balance-sheet arrangement for debt of $300 million aggregate purchase limit with PNC Bank, National Association.
“may continue to sell and transfer, such receivables to Purchaser and to other purchasers under the RPA (the "A/R Facility"). The A/R Facility has an aggregate purchase limit of $300 million and advances are permitted to the extent that the face amount of eligible receivables in the collateral pool exceeds the outstanding advances by a specified amount. On the”
Rackspace Technology, Inc. incurred revolving credit of $209.0 million.
“On the Closing Date, the Company drew $209.0 million under the A/R Facility and intends to use the proceeds for general corporate purposes, including investing into ongoing business needs and strategic initiatives, and to pre-pay the principal balance of $50.0 million outstanding under the Company's revolving credit facility.”
Rackspace Technology, Inc. incurred debt of $300 million aggregate purchase limit with PNC Bank, National Association at at the rate specified in the RPA maturing September 29, 2026.
“may continue to sell and transfer, such receivables to Purchaser and to other purchasers under the RPA (the "A/R Facility"). The A/R Facility has an aggregate purchase limit of $300 million and advances are permitted to the extent that the face amount of eligible receivables in the collateral pool exceeds the outstanding advances by a specified amount. On the”
Rackspace Technology, Inc. entered into RPA with PNC Bank, National Association valued at $300 million (effective 2023-09-29).
“(the "Company"), entered into a receivables purchase agreement (the "RPA") with PNC Bank, National Association, as administrative agent and as purchaser (the "Purchaser") and the other parties thereto.”
Thomas Cole was appointed as Director at Rackspace Technology, Inc..
“Effective October 2, 2023, the board of directors (the "Board") of the Company, with the recommendation of the Nominating and Corporate Governance Committee, appointed Mr. Thomas Cole as a member of the Board.”
Rackspace Technology, Inc. updated its Q3 2023 guidance (initiated).
“Rackspace Technology is providing guidance as follows: Q3 2023 Guidance Total Revenue $722 - $732 million”
Rackspace Technology, Inc. reported the fiscal quarter ended June 30, 2023 results: revenue $746 million, net income $(27) million, EPS $(0.13).
“filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Rackspace Technology Reports Second Quarter 2023 Results • Revenue of $746 million in the Second Quarter, down 3% Year-over-Year • Public Cloud Revenue grew 3% Year-over-Year to $435 million • Private Cloud Revenue was $311 million, down 11% Year-over-Year •”
Rackspace Technology, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2023. at the 2023-06-16 meeting.
“Proposal 4. To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of the voting were as follows: Votes For Votes Against Abstentions 179,501,762 169,529 114,947”
Rackspace Technology, Inc. shareholders approved Approval of an amendment to the Company’s 2020 Equity Incentive Plan to increase the number of shares authorized for issuance. at the 2023-06-16 meeting.
“Proposal 3. To approve an amendment to the Company’s 2020 Equity Incentive Plan (the "2020 Incentive Plan") to increase the number of shares of the Company’s Common Stock authorized to be issued under the plan. The Company’s stockholders voted to approve the amendment to the 2020 Incentive Plan. The results of the voting were as follows: Votes For Votes Against Abstentions Broker Non-Votes 141,896,606 26,357,358 37,433 11,494,841”
Rackspace Technology, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers (say-on-pay). at the 2023-06-16 meeting.
“Proposal 2. To conduct an advisory vote to approve the compensation of the Company’s named executive officers, as further described in the Proxy Statement (a "say-on-pay vote"). The Company’s stockholders approved, on a non-binding, advisory basis, the executive compensation of the Company’s named executive officers. The results of the voting were as follows: Votes For Votes Against Abstentions Broker Non-Votes 137,317,117 30,812,239 162,041 11,494,841”
Rackspace Technology, Inc. shareholders approved Election of David Sambur, Amar Maletira and Shashank Samant as Class III Directors, each for a term of three years expiring at the 2026 annual meeting. at the 2023-06-16 meeting.
“Proposal 1. To elect David Sambur, Amar Maletira and Shashank Samant to the Board of Directors of the Company as Class III Directors, in each case, for a term of three years expiring at the annual meeting of stockholders to be held in 2026. The Company’s stockholders duly elected David Sambur, Amar Maletira and Shashank Samant, by at least a plurality of the votes cast, to serve as Class III Directors until the 2026 annual meeting of stockholders and until his or her successor is elected and qualified, subject, however, to such director's earlier death, resignation, retirement, removal or disqualification. The results of the voting were as follows: Proposal Nominee Votes For Votes Withheld Broker Non-Votes 1a David Sambur 138,546,304 29,745,093 11,494,841 1b Amar Maletira 167,595,390 696,007 11,494,841 1c Shashank Samant 167,168,302 1,123,095 11,494,841”
Rackspace Technology, Inc. reported the first quarter ended March 31, 2023 results: revenue $759 million, net income $(612) million, EPS $(2.87) per diluted share. Guidance initiated.
“Revenue was $759 million in the first quarter of 2023, a decrease of 2% as compared to revenue of $776 million in the first quarter of 2022. On a constant currency basis, revenue decreased 1% in the first quarter of 2023 as compared to the first quarter of 2022. In the first quarter of 2023, we completed our business unit realignment and are now reporting in our two new operating segments - Public Cloud and Private Cloud. Our prior Multicloud segment has been separated into its public and private cloud components and our prior OpenStack Public Cloud segment has been included in Private Cloud. The offerings previously reported in our Apps & Cross Platform segment have been reassigned to either the Public Cloud or Private Cloud segment based on the nature of the offering. Comparative periods have been recast to reflect results in the new structure. Public Cloud revenue was $445 million in the first quarter of 2023, an increase of 7% on both a reported and constant currency basis as compa”
Anthony Scott was appointed as Director at Rackspace Technology, Inc..
“the Board, with the recommendation of the Nominating and Corporate Governance Committee, appointed Ms. Betsy Atkins and Mr. Anthony Scott as members of the Board, to become effective on June 16, 2023 following the resignation of Mr. Fonseca.”
Betsy Atkins was appointed as Director at Rackspace Technology, Inc..
“the Board, with the recommendation of the Nominating and Corporate Governance Committee, appointed Ms. Betsy Atkins and Mr. Anthony Scott as members of the Board, to become effective on June 16, 2023 following the resignation of Mr. Fonseca.”
Dhiren Fonseca resigned as Director at Rackspace Technology, Inc..
“Mr. Dhiren Fonseca notified the board of directors (the "Board") of Rackspace Technology, Inc. (the "Company") that he intends to resign as member of the Board and as a member of the audit committee of the Board effective June 16, 2023.”
Rackspace Technology, Inc. reported the fiscal year ended December 31, 2022 results: revenue $3,122 million, net income $(805) million, EPS $(3.81).
“Revenue was $3,122 million in 2022, an increase of 4% as compared to revenue of $3,010 million in 2021. Revenue for full year 2022 was positively impacted by new customer acquisitions and growing customer spend in our Multicloud Services and Apps & Cross Platform segments. On a constant currency basis, revenue increased 5% in 2022 compared to 2021. Core Revenue increased 5% on an actual basis and 7% on a constant currency basis, in 2022 as compared to 2021. Impairment of goodwill and impairment of assets were $535 million and $146 million, respectively, in 2022. These impairments reflect a sustained decrease in our market capitalization and lowered projected operating results primarily due to product mix shifts, impacts from the December ransomware incident, and market concerns related to inflation, supply chain disruption issues and other macroeconomic factors. We also recorded an impairment of $75 million for our San Antonio headquarters office as we prepare for our relocation to Nor”
Rackspace Technology, Inc. reported the fiscal quarter ended December 31, 2022 results: revenue $787 million, net income $(214) million, EPS $(1.01).
“Revenue was $787 million in the fourth quarter of 2022, an increase of 1% as compared to revenue of $777 million in the fourth quarter of 2021. Revenue for the fourth quarter of 2022 was positively impacted by new customer acquisitions and growing customer spend in our Multicloud Services and Apps & Cross Platform segments. On a constant currency basis, revenue increased 3% in the fourth quarter of 2022 as compared to the fourth quarter of 2021. Revenue from our Core Segments (“Core Revenue”), comprised of Multicloud Services and Apps & Cross Platform, increased 2% on an actual basis and 4% on a constant currency basis, in the fourth quarter of 2022 as compared to the fourth quarter of 2021. In the fourth quarter of 2022 we recorded $217 million of non-cash impairment charges driven primarily by $129 million of goodwill and a $75 million asset impairment. The goodwill impairment was in our Apps & Cross Platform segment and was driven primarily by the decline in market capitalization fo”
Anthony Roberts was appointed as Director at Rackspace Technology, Inc..
“On January 30, 2023, the Board of Directors of the Company, with the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, appointed Mr. Anthony Roberts as a member of the Board of Directors, to fill the vacant seat created by the departure of Timothy Campos in December 2022.”
Holly Windham departed as Executive Vice President, Chief Legal Officer at Rackspace Technology, Inc..
“Ms. Windham’s last day of employment is February 28, 2023.”
Holly Windham departed as Executive Vice President, Chief Legal and People Officer and Corporate Secretary at Rackspace Technology, Inc..
“on December 16, 2022, the Company announced Holly Windham, the Company’s Executive Vice President, Chief Legal and People Officer and Corporate Secretary, will be departing from the Company.”
Timothy Campos resigned as Member of the Board of Directors at Rackspace Technology, Inc..
“On December 12, 2022, Timothy Campos, a member of the Board of Directors (the “Board”) of Rackspace Technology, Inc. (the “Company”), notified the Company of his intention to resign from the Board effective immediately.”
Naushaza Molu was appointed as Executive Vice President and Chief Financial Officer at Rackspace Technology, Inc..
“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”).”
Rackspace Technology, Inc. reported third quarter ended September 30, 2022 results: revenue $788 million, net income $(512) million, EPS $(2.43). Guidance reaffirmed.
“Rackspace Technology Reports Third Quarter 2022 Results • Revenue of $788 million”
Martin Blackburn departed as EVP and Managing Director of the EMEA region at Rackspace Technology, Inc..
“On November 3, 2022, Rackspace Technology, Inc. (the “Company”) announced that Martin Blackburn, EVP and Managing Director of the EMEA region of Rackspace Technology will be leaving the Company.”
Subroto Mukerji retired as EVP and President of the Americas region at Rackspace Technology, Inc..
“On October 20, 2022, Rackspace Technology, Inc. (the “Company”) announced that Subroto Mukerji, EVP and President of the Americas region of Rackspace Technology will be retiring from the Company.”
Kevin Jones departed as Chief Executive Officer at Rackspace Technology, Inc..
“a transition agreement and release with Kevin Jones, the Company’s former Chief Executive Officer.”
Amar Maletira was appointed as Chief Executive Officer at Rackspace Technology, Inc..
“On September 27, 2022, in connection with the previously announced appointment by Rackspace Technology, Inc. (the “Company” or “Rackspace”) of Amar Maletira as the Company’s Chief Executive Officer effective September 23, 2022, the Company entered into an amended and restated employment agreement with Mr. Maletira”
Kevin Jones departed as Director at Rackspace Technology, Inc..
“The Board also elected Mr. Maletira as a director of the Board and Mr. Jones stepped down as a director of the Board, each effective as of September 23, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.