Rackspace Technology Management
Management criteria checks 0/4
Rackspace Technology's CEO is Amar Maletira, appointed in Nov 2020, has a tenure of 3.42 years. total yearly compensation is $25.30M, comprised of 3.1% salary and 96.9% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth $7.04M. The average tenure of the management team and the board of directors is 1.3 years and 2.5 years respectively.
Key information
Amar Maletira
Chief executive officer
US$25.3m
Total compensation
| CEO salary percentage | 3.1% |
| CEO tenure | 3.4yrs |
| CEO ownership | 1.9% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Improved Revenues Required Before Rackspace Technology, Inc. (NASDAQ:RXT) Stock's 28% Jump Looks Justified
Mar 09
A Look At The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)
Jan 23Rackspace Technology, Inc. (NASDAQ:RXT) Held Back By Insufficient Growth Even After Shares Climb 33%
Dec 22These Return Metrics Don't Make Rackspace Technology (NASDAQ:RXT) Look Too Strong
Jul 05Returns At Rackspace Technology (NASDAQ:RXT) Appear To Be Weighed Down
Feb 28Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital
Oct 19Rackspace's Cloud Transformation Is Promising But The Risks Are High
Oct 07Rackspace Technology names finance chief as CEO
Sep 26Rackspace Technology Non-GAAP EPS of $0.17 beats by $0.01, revenue of $772M misses by $12.72M
Aug 09Rackspace Technology (NASDAQ:RXT) Might Have The Makings Of A Multi-Bagger
Jul 07Rackspace Technology: Deep In Busted IPO Territory
Jun 03Estimating The Fair Value Of Rackspace Technology, Inc. (NASDAQ:RXT)
Apr 03Rackspace Technology (NASDAQ:RXT) Is Looking To Continue Growing Its Returns On Capital
Mar 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$838m |
| Sep 30 2023 | n/a | n/a | -US$1b |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$25m | US$795k | -US$805m |
| Sep 30 2022 | n/a | n/a | -US$674m |
| Jun 30 2022 | n/a | n/a | -US$197m |
| Mar 31 2022 | n/a | n/a | -US$193m |
| Dec 31 2021 | US$14m | US$750k | -US$218m |
| Sep 30 2021 | n/a | n/a | -US$199m |
| Jun 30 2021 | n/a | n/a | -US$266m |
| Mar 31 2021 | n/a | n/a | -US$262m |
| Dec 31 2020 | US$15m | US$87k | -US$246m |
Compensation vs Market: Amar's total compensation ($USD25.30M) is above average for companies of similar size in the US market ($USD2.28M).
Compensation vs Earnings: Amar's compensation has increased whilst the company is unprofitable.
CEO
Amar Maletira (54 yo)
3.4yrs
Tenure
US$25,304,582
Compensation
Mr. Amar Maletira serves as Director at Rackspace Technology, Inc. since September 23, 2022 and serves as Chief Executive Officer from September 26, 2022. He has been President at Rackspace Technology, Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$25.30m | 1.9% $ 7.0m | |
| Executive VP and President of Technology & Sustainability | 2.3yrs | US$4.42m | 0.23% $ 843.0k | |
| Executive VP & President of Public Cloud Business Unit | 1.8yrs | US$8.35m | 0.21% $ 793.1k | |
| Chief Financial Officer | less than a year | no data | 0.88% $ 3.3m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 1.3yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Executive VP & President of Private Cloud Business Unit | 1.3yrs | no data | 0.16% $ 608.2k | |
| Vice President of Investor Relations | no data | no data | no data |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Management: RXT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$25.30m | 1.9% $ 7.0m | |
| Director | less than a year | no data | no data | |
| Independent Non-Employee Director | 7.4yrs | US$320.00k | 0.14% $ 518.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Non-Employee Director | 7.4yrs | US$280.38k | 0.17% $ 622.0k | |
| Independent Lead Director | 2.5yrs | US$300.00k | 0.072% $ 267.9k | |
| Director | less than a year | no data | no data | |
| Chairman | 7.4yrs | no data | no data | |
| Non-Employee Director | 7.4yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | 0.016% $ 60.2k | |
| Independent Non-Employee Director | 4yrs | US$320.00k | 0.022% $ 80.6k |
2.5yrs
Average Tenure
58yo
Average Age
Experienced Board: RXT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.