Kevin McVeigh

Frank Louthan

Irvin Liu

Ramsey El-Assal

Robert Palmisano

Ryan Campbell

- Rackspace Technology, Inc. (RXT) has appointed **Gajen Kandiah** as its new Chief Executive Officer, effective **September 3, 2025**.  **[1810019_0001810019-25-000117_a20250902-pressrelease.htm:0]** **[1810019_0001810019-25-000117_rxt-20250830.htm:1]** 
- Mr. Kandiah succeeds **Amar Maletira**, who will transition to Vice Chairman of the Board and remain a member until September 30, 2025, to ensure a smooth transition.  **[1810019_0001810019-25-000117_a20250902-pressrelease.htm:0]** **[1810019_0001810019-25-000117_rxt-20250830.htm:1]** 
- Mr. Kandiah's compensation package includes an annual base salary of **$1,000,000** and a target annual bonus of **150% of his base salary**.  **[1810019_0001810019-25-000117_rxtceoagreementexecutionve.htm:1]** **[1810019_0001810019-25-000117_rxt-20250830.htm:1]** 
- He will also receive one-time inducement equity awards consisting of **4,000,000 restricted stock units** and **6,000,000 stock options**, both vesting over **four years**.  **[1810019_0001810019-25-000117_rxtceoagreementexecutionve.htm:1]** **[1810019_0001810019-25-000117_rxt-20250830.htm:1]** 
- Under his leadership, Rackspace will focus on advancing its **AI-first multicloud strategy**, accelerating platform and product innovation, and deepening partnerships.  **[1810019_0001810019-25-000117_a20250902-pressrelease.htm:0]**

Rackspace Technology (RXT)