Rackspace Technology Elevates Mark Marino to Chief Position: A Press Release

Rackspace Technology® Announces New Chief Financial Officer

SAN ANTONIO, Jan. 12, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, hybrid multicloud technology solutions company, today announced the appointment of Mark Marino as Chief Financial Officer (CFO), effective immediately. Marino previously served as the Company’s Chief Accounting Officer and succeeds Naushaza “Bobby” Molu. Molu resigned his position to pursue other opportunities.

About Mark Marino

Mark Marino brings over 20 years of experience in finance and accounting to his new role as CFO at Rackspace Technology®. He has a proven track record of driving financial success and operational efficiency in various organizations. Marino is eager to lead the finance team at Rackspace Technology® and contribute to the company’s continued growth and success.

Rackspace Technology® Moving Forward

With the appointment of Mark Marino as CFO, Rackspace Technology® is poised to continue its trajectory of innovation and excellence in the technology solutions industry. Marino’s leadership and financial expertise will play a key role in driving the company’s strategic initiatives and fueling future growth.

Impact on Stakeholders

Shareholders, employees, and customers of Rackspace Technology® can look forward to a smooth transition with Mark Marino at the helm as CFO. His experience and dedication will ensure that the company remains financially sound and well-positioned for the future.

Conclusion

The appointment of Mark Marino as Chief Financial Officer marks an exciting new chapter for Rackspace Technology®. With his leadership and expertise, the company is well-positioned to continue its legacy of delivering cutting-edge technology solutions to customers worldwide.

How the Appointment of a New CFO at Rackspace Technology® Will Affect You

The appointment of Mark Marino as the new Chief Financial Officer at Rackspace Technology® may have a positive impact on you as a customer or employee. With Marino’s financial expertise and proven track record, the company is likely to maintain its stability and continue offering high-quality technology solutions and services. This could lead to better products, improved customer support, and overall growth and innovation within the organization, which could benefit you in the long run.

How the Appointment of a New CFO at Rackspace Technology® Will Affect the World

The appointment of Mark Marino as CFO at Rackspace Technology® could have a broader impact on the world as well. As a leading technology solutions company, Rackspace Technology® plays a significant role in driving innovation and shaping the future of technology. Marino’s leadership and financial acumen could help propel the company to new heights, leading to advancements in cloud technology, cybersecurity, and other areas that could benefit industries and societies worldwide.

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