Amar Maletira is the CEO of Rackspace Technology, Inc., appointed on September 23, 2022. He has a strong educational background with an MBA in finance and corporate strategy from the University of Michigan and a bachelor's degree in electronics and...
Amar Maletira is the CEO of Rackspace Technology, Inc., appointed on September 23, 2022. He has a strong educational background with an MBA in finance and corporate strategy from the University of Michigan and a bachelor's degree in electronics and communication engineering from Karnatak University in India. He joined Rackspace in November 2020 as President and CFO, bringing valuable experience from his previous roles, including CFO at Viavi Solutions and leadership positions at Hewlett Packard for over 13 years. Under his guidance, Rackspace emphasizes strong financial performance metrics like net revenue and customer satisfaction, which shows that he believes in aligning business goals with customer needs. His pay structure reflects this focus, with significant bonuses tied to performance. Notably, in 2023, he received a total compensation package of over $13 million, consisting mainly of a salary, a large cash bonus, and equity awards. Maletira has also been active in insider trading, with notable trades reflecting his confidence in the company's direction. His experience and leadership style indicate a pragmatic approach to managing a tech company in a competitive market.