Rackspace Know-how Appoints Bobby Molu as Chief Monetary Officer

SAN ANTONIO, Texas , Nov. 18, 2022 (GLOBE NEWSWIRE) — Rackspace Know-how (NASDAQ: RXT), a pacesetter in end-to-end, multicloud expertise options, at this time introduced the appointment of Bobby Molu as Chief Monetary Officer introduced efficient January 16, 2023. Molu takes over as CFO of Rackspace Know-how after Amar Maletira was appointed Chief Government Officer in September 2022.

“We proceed to remodel Rackspace Know-how and I’m delighted to welcome Mr. Molu to the corporate. He’s an skilled finance government with a strong monitor document,” stated Amar Maletira, CEO of Rackspace Know-how. “Mr. Molu’s international expertise and two-decade profession in quite a few monetary management roles within the expertise trade mixed together with his sturdy operational background might be instrumental in executing our technique and new working mannequin to place Rackspace for the long-term multicloud market potential to place.”

Molu joins Rackspace Know-how from Mastercard, the place he was Chief Monetary Officer of Worldwide Markets, accountable for the Europe, Asia Pacific, Center East, Africa, Latin America and Caribbean markets. Molu beforehand served as chief monetary officer for the Asia Pacific area at Mastercard.

Previous to becoming a member of Mastercard, Molu spent 15 years at Hewlett-Packard in varied finance roles, together with serving as Chief Monetary Officer of Aruba Networks, the place he led Hewlett-Packard Enterprise’s integration of Aruba’s acquisition whereas driving price efficiencies and income development .

Beforehand, Molu was Chief Monetary Officer for Enterprise Companies – Asia Pacific and Japan, the place he led the area to the biggest year-over-year earnings development ever. Molu additionally frolicked in Australia and New Zealand the place he efficiently led the turnaround of the biggest sub-region in Asia Pacific. Previous to Hewlett-Packard, Molu labored in quite a lot of finance roles of accelerating duty at IBM World Companies.

“I’m excited to be becoming a member of the main multicloud resolution supplier and driving worthwhile income development with Amar and the management workforce,” stated Molu. “Rackspace Know-how’s buyer and cloud focus, mixed with its sturdy model, devoted workforce and world-class associate ecosystem, makes the corporate an excellent associate to execute on its ahead technique and capitalize on the multicloud market alternative.”

About Rackspace Know-how
Rackspace Know-how  is a number one supplier of end-to-end multicloud companies. We construct and function our clients’ cloud environments throughout all main expertise platforms, no matter expertise stack or deployment mannequin. We work with our clients at each stage of their cloud improvement, serving to them modernize their purposes, develop new merchandise and introduce revolutionary applied sciences.

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