Press Release

Rackspace Technology Appoints Leading Technology Executives Betsy Atkins and Tony Scott to Board of Directors

May 9, 2023
PDF Version

SAN ANTONIO, May 09, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the appointment of Betsy Atkins and Tony Scott to its board of directors, effective June 16, 2023. Dhiren Fonseca, who has served on the board since 2016, will step down to focus on other commitments also effective June 16, 2023.

“Betsy is a well-recognized expert on corporate governance with a wealth of executive leadership experience across a range of global companies and industries,” said Amar Maletira, CEO, Rackspace Technology.

Maletira added, “Tony’s executive leadership and esteemed industry reputation as a CIO for mega-cap companies and the federal government brings a broad customer perspective and tremendous value to our business. Betsy and Tony are both great additions to our Board, as we further solidify our market position as the leading multicloud solutions company. I’d also like to thank Dhiren for his immense contributions to the Board over the last seven years.”

Atkins is a three-time CEO and entrepreneur, co-founding enterprise software companies in the tech and consumer industries. She has a proven track record at scaling companies through hyper-growth turnarounds and leading them to successful IPO and acquisitions. One of her more notable IPOs included Ascend Communications which was acquired by Lucent for $23B, and the acquisition of Clear Standards by SAP. Atkins was also the CEO of NCI, a functional food, nutraceutical private label manufacturer. Atkins is a highly acclaimed public company Board Director and author. She has served on some of the world’s most visible, global public company boards and is committed to helping to make boards a competitive asset. Atkins leverages broad contemporary knowledge of digital technology to reduce costs, drive efficiency and productivity using AI machine learning analytics to streamline processes. She currently serves on the Boards of Wynn Resorts, SolarEdge, and SL Green and is Chair of the Google Cloud Advisory Board. Betsy graduated from the University of Massachusetts and Trinity College Oxford.

“I’m excited to join the Rackspace Technology Board of Directors and work with the innovative leaders who are focusing on building solutions and services to meet customers wherever they are in their digital transformation journey,” said Atkins. “Rackspace has a bright future and I look forward to working with Amar and the team as we pursue opportunities to create value for customers and all stakeholders of the business.”

Scott is currently CEO of Intrusion, Inc., a Plano Texas cybersecurity firm (INTZ). He previously served in the Obama administration as the Federal Chief Information Officer for the U.S. Government. Before joining the Obama administration, Scott was the Chief Information Officer at VMware.  Prior CXO-level roles include the Chief Information Officer at Microsoft Corporation, Chief Information Officer at The Walt Disney Company, and Chief Technology Officer at General Motors Corporation. Scott holds a Bachelor of Science Degree from the University of San Francisco in Information Systems Management and a Juris Doctorate (law) degree from Santa Clara University.

“I am honored and thrilled to join the Rackspace Board of Directors during such a pivotal time in the company’s transformation and during such an exciting time for the cloud market,” said Scott. “I look forward to working with the management team to drive the company forward to capture its fullest potential.”

About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.

Contacts: 
Investor Relations Contact: Robert Watson, ir@rackspace.com
Media Contact: Natalie Silva, publicrelations@rackspace.com


Consulting & Advisory Services
Professional Services
Managed Services
Quick Links
© 2024 Rackspace Technology, Inc.
×

You are using an outdated browser and are receiving a degraded experience. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. [Dismiss]

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Rackspace Technology, Inc.  (“RXT”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither RXT nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against RXT and Virtua and further acknowledge and agree that in no event shall RXT or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if RXT and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, RXT may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess RXT operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. RXT and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

 

Accept
Decline