Rackspace Technology Appoints Leading Investment Banking Executive Thomas Cole to Board of Directors
04 Octubre 2023 - 8:05AM
Rackspace Technology® (NASDAQ:
RXT), a leading end-to-end multicloud technology solutions
company, today announced the appointment of Thomas Cole to the
Board of Directors. Cole is an experienced finance executive with
an illustrious 37-year career on Wall Street.
“Tom brings a wealth of executive leadership and financial
expertise to the Rackspace Board, making him a valuable addition,”
said Amar Maletira, Chief Executive Officer Rackspace Technology.
“Tom’s addition to our board will help further solidify our market
position as the leading multicloud solutions company.”
With extensive experience in investment banking, Cole spent 11
years at Citibank, where he was co-head of their leveraged finance
business for the US and Canada. He was responsible for managing the
origination, underwriting, and distribution of leveraged loans and
high-yield bond financings for large corporate issuers and liaising
with US regulators from the Federal Reserve, the FDIC, and the
OCC.
Before Citibank, Cole spent two and a half years at HSBC and was
promoted to Co-Head of their Commercial and Investment banking
business for the Americas. Cole also spent a 20-year career with
Deutsche Bank in Investment Banking, primarily in client service
and origination, where he led the US leveraged finance group until
his departure at the end of 2007.
“I’m excited to join the Rackspace Technology Board of Directors
and work with the innovative leaders focusing on building solutions
and services to meet customers wherever they are in their digital
transformation journey,” said Cole. “Rackspace has a bright future,
and I look forward to working with Amar and the team as we pursue
opportunities to create value for customers and all business
stakeholders.”
Cole currently serves as Managing Partner and Founder of the
consulting and advisory firm Narrowgate Partners. He is also on the
board of several non-profit organizations. Cole attended the Kelley
School of Business at Indiana University, graduating with a BS in
finance. He also received an MBA in Accounting and Finance from The
University of Chicago Booth School of Business.
About Rackspace TechnologyRackspace Technology
is a leading end-to-end multicloud technology services company. We
can design, build, and operate our customers’ cloud environments
across all major technology platforms, irrespective of technology
stack or deployment model. We partner with our customers at every
stage of their cloud journey, enabling them to modernize
applications, build new products, and adopt innovative
technologies.
Media Contact: Natalie Silva, publicrelations@rackspace.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/99a8804a-4c19-4e0a-8630-98ea5b25d0f5
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