News: Rackspace Technology names Amar Maletira as Chief Executive Officer

Appointments

Rackspace Technology names Amar Maletira as Chief Executive Officer

Rackspace Technology Inc. said Amar Maletira, who has served as president and chief financial officer since late 2020, has assumed the additional post of chief executive officer.
Rackspace Technology names Amar Maletira as Chief Executive Officer

Cloud technology solutions company Rackspace Technology has named Amar Maletira as chief executive officer (CEO), with immediate effect. Earlier, Maletira served as Rackspace Technology’s president and chief financial officer since November 2020. Maletira has succeeded Kevin Jones.

Maletira comes with more than 25 years of strategic and operational management, transformational leadership, sales, business development, and general management expertise.

Prior to joining Rackspace Technology, he was chief financial officer at Viavi Solutions. At Viavi, he executed a successful turnaround of the company by driving execution discipline, growing the business both organically and inorganically, re-aligning the capital structure, and regaining investor confidence. Previously, he was at Hewlett-Packard for 15 years, where he held several roles, including CFO of Enterprise Services for the Americas.

David Sambur, co-head of private equity at Apollo Global Management and Chairman of the Rackspace Technology Board of Directors, stated, “Amar brings broad management and leadership experience, and over the course of his career, he has helped transform several multi-billion-dollar technology businesses.” 

“He has also been instrumental in crafting Rackspace Technology’s new strategic direction and operating model. We believe his appointment as CEO will allow us to improve and accelerate the execution of our new go-forward strategy.”

“Powered by our strong Racker culture and devotion to driving fanatical experiences for our customers, we believe the execution of our strategy will establish the company as an industry leader,” said Maletira.

Maletira earned an MBA from the University of Michigan, The Ross School of Business, and a Bachelor of Engineering from Karnataka University, Gogte Institute of Technology.

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Topics: Appointments

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