Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Effective November 1, 2021, Mark A. Marino has been appointed Vice President
and Chief Accounting Officer of Rackspace Technology, Inc. (the "Company") and
will assume the role of principal accounting officer.
Mr. Marino, 45, has served as the Company's Vice President - Americas Region CFO
since July 2020. Prior to joining Rackspace in 2020, Mr. Marino held finance
leadership positions at several private and public companies, including Vice
President, Finance of Acelity from March 2015 to July 2020 and Vice President,
Finance at iHeartMedia, Inc. from March 2012 to March 2015. Mr. Marino received
his Bachelor's degree from DePauw University and his MBA from Baylor University.
The Company and Mr. Marino are parties to the Company's standard at-will
employment agreement pursuant to which, as a non-executive officer, Mr. Marino
will receive compensation in a manner consistent with the Company's compensation
of its non-executive officers, including any grants of long-term equity
incentive awards under the Company's long-term incentive plans.
There are no arrangements or understandings between Mr. Marino and any other
person pursuant to which Mr. Marino was selected as an officer of the Company.
Mr. Marino does not have any family relationship with any director or executive
officer of the Company. There are no related party transactions as of the date
hereof between Mr. Marino and the Company that would require disclosure under
Item 404(a) of Regulation S-K.
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