News

Latest News

Stocks in Play

Dividend Stocks

ETFs

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Rackspace Falls on Landing Vito for Helm

Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the appointment of Joseph Vito as Senior Vice President of Strategic Alliance Partnerships. In this role, Vito will lead Rackspace’s global strategy for building and strengthening technology and channel partnerships that drive innovation and deliver exceptional value to customers.

Vito brings more than 25 years of experience in technology leadership, cloud transformation, and enterprise solutions across financial services, life sciences, energy, and consumer manufacturing. Most recently, he served as a Strategic Transformation Principal on the Amazon Web Services (AWS) Global Business and Advisory teams, where he guided some of the world’s largest organizations through cloud adoption strategies, helping them migrate from legacy systems to modern, cloud-based capabilities.

“Joe’s deep expertise in cloud transformation and his proven ability to build strategic partnerships will be instrumental in advancing Rackspace’s mission to deliver modern cloud environments that enable AI at scale,” said CEO Gajen Kandiah. “We are thrilled to welcome him to the team.”

Prior to his tenure at AWS, Vito was a Transformation Advisor at Dell-EMC, assisting clients with investments, design, and deployment of integrated solutions including DevOps and workload management. Other leadership roles include CIO for UBS AG’s Global Data Services division, CTO and Head of Data Operations for Dun & Bradstreet, and CTO/CIO for US Trust & Merrill Lynch, where he drove technology strategies and integration initiatives.

RXT shares dipped 1.7 cents, 2.2%, to 74 cents.