Rackspace Falls on Landing Vito for Helm

Baystreet
2026.01.27 14:48
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Rackspace Technology has appointed Joseph Vito as Senior Vice President of Strategic Alliance Partnerships, focusing on enhancing technology and channel partnerships. Vito, with over 25 years of experience, previously worked at AWS and Dell-EMC. CEO Gajen Kandiah emphasized Vito's expertise in cloud transformation as vital for advancing Rackspace's mission. Following the announcement, RXT shares fell by 2.2% to 74 cents.