Rackspace Technology, Inc.

NasdaqGS:RXT Stock Report

Market Cap: US$664.4m

Rackspace Technology Management

Management criteria checks 2/4

Rackspace Technology's CEO is Amar Maletira, appointed in Nov 2020, has a tenure of 4.25 years. total yearly compensation is $13.40M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 2.17% of the company’s shares, worth $14.39M. The average tenure of the management team and the board of directors is 2.1 years and 2.3 years respectively.

Key information

Amar Maletira

Chief executive officer

US$13.4m

Total compensation

CEO salary percentage6.2%
CEO tenure4.3yrs
CEO ownership2.2%
Management average tenure2.1yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Feb 07
Rackspace Technology, Inc.'s (NASDAQ:RXT) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Rackspace Technology: Too Much Risk, Too Little Reward

Jan 28

Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues

Oct 09
Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Is Matching Sentiment Around Its Revenues

What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?

Apr 24
What Does Rackspace Technology, Inc.'s (NASDAQ:RXT) Share Price Indicate?

Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified

Mar 09
Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified

A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Jan 23
A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)

Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%

Dec 22
Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%

These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong

Jul 05
These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong

Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down

Feb 28
Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down

Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Oct 19
Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital

Rackspace's Cloud Transformation Is Promising But The Risks Are High

Oct 07

Rackspace Technology names finance chief as CEO

Sep 26

Rackspace Technology Non-GAAP EPS of $0.17 beats by $0.01, revenue of $772M misses by $12.72M

Aug 09

CEO Compensation Analysis

How has Amar Maletira's remuneration changed compared to Rackspace Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-US$863m

Sep 30 2024n/an/a

-US$774m

Jun 30 2024n/an/a

-US$814m

Mar 31 2024n/an/a

-US$866m

Dec 31 2023US$13mUS$832k

-US$838m

Sep 30 2023n/an/a

-US$1b

Jun 30 2023n/an/a

-US$1b

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$25mUS$795k

-US$805m

Sep 30 2022n/an/a

-US$674m

Jun 30 2022n/an/a

-US$197m

Mar 31 2022n/an/a

-US$193m

Dec 31 2021US$14mUS$750k

-US$218m

Sep 30 2021n/an/a

-US$199m

Jun 30 2021n/an/a

-US$266m

Mar 31 2021n/an/a

-US$262m

Dec 31 2020US$15mUS$87k

-US$246m

Compensation vs Market: Amar's total compensation ($USD13.40M) is above average for companies of similar size in the US market ($USD3.30M).

Compensation vs Earnings: Amar's compensation has been consistent with company performance over the past year.

CEO

Amar Maletira (55 yo)

4.3yrs

Tenure

US$13,403,460

Compensation

Mr. Amar Maletira is Director of Celestica Inc. from January 1, 2025. Mr. Maletira serves as Director at Rackspace Technology, Inc. since September 23, 2022 and serves as Chief Executive Officer from Septe...

Leadership Team

NamePositionTenureCompensationOwnership
Amar Maletira
President4.3yrsUS$13.40m2.17%
$ 14.4m
Srinivas Koushik
Executive VP and President of Technology3.2yrsUS$2.48m0.17%
$ 1.1m
Dharmendra Sinha
Executive VP & President of Public Cloud Business Unit2.6yrsUS$6.50m0.32%
$ 2.1m
Brian Lillie
Advisor2.1yrsUS$9.75m0.17%
$ 1.1m
Mark Marino
Executive VP & CFO1.1yrsno data0.84%
$ 5.6m
Sagar Hebbar
Head of Investor Relationsno datano datano data
Michael Bross
Chief Legal Officer2.1yrsno datano data
Kathleen Schneider
Chief Marketing Officer1.1yrsno datano data
Kellie Teal-Guess
Chief Human Resources Officer1.8yrsno data0.091%
$ 602.6k

2.1yrs

Average Tenure

60yo

Average Age

Experienced Management: RXT's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Amar Maletira
President2.4yrsUS$13.40m2.17%
$ 14.4m
Betsy Atkins
Independent Director1.7yrsUS$253.84k0.046%
$ 302.6k
Jeffrey Benjamin
Independent Chairman8.3yrsUS$320.00k0.18%
$ 1.2m
Mark Gross
Independent Director1yrno data0.018%
$ 118.7k
Mitchell Garber
Independent Non-Employee Director8.3yrsUS$318.48k0.21%
$ 1.4m
Shashank Samant
Independent Lead Director3.3yrsUS$300.00k0.12%
$ 765.3k
Anthony Scott
Independent Director1.7yrsUS$264.61k0.046%
$ 302.6k
Aaron Sobel
Non-Employee Director8.3yrsno datano data
Anthony Roberts
Independent Director2.1yrsUS$475.54k0.048%
$ 321.1k
Vikram Mahidhar
Independent Directorless than a yearno datano data

2.3yrs

Average Tenure

60yo

Average Age

Experienced Board: RXT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/22 09:49
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rackspace Technology, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Keith BachmanBMO Capital Markets Equity Research
Ashwin ShirvaikarCitigroup Inc