In 2022, Kevin Jones earned $3.98M in total compensation at Rackspace Technology, Inc., including $930.00K salary and $675.87K in stock. Most recently acquired 11,029 shares in May 2023. Currently holds stock worth $2.70M. Led Rackspace Technology, Inc. as CEO for 1 years.
Compensation History
Annual executive compensation data for Kevin Jones, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.98M
Salary
$930.00K
Bonus
$0.00
Other
$2.37M
Salary
$930.00KBoard Justification
The compensation philosophy focuses on pay for performance, attracting and retaining talent, and aligning interests with stockholders.
Bonus
$0.00Board Justification
Mr. Jones forfeited his annual bonus opportunity in connection with his termination of employment.
Other Compensation
$2.37MBoard Justification
Severance payment including continued base salary payments and a lump-sum payment representing Mr. Jones’ target bonus, along with COBRA reimbursements and relocation expense reimbursements.
Restricted Stock
Board Justification
Time-based RSUs granted as part of a one-time retention grant in connection with transition services provided upon departure, vesting in full on April 30, 2024, subject to compliance with restrictive covenants.
Performance Metrics
Annual cash bonuses are based on individual and company performance, with specific targets set by the Compensation Committee.
Kevin Jones
Ex-CEO of Rackspace Technology, Inc.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Technology
CEO of Rackspace Technology, Inc. for
1 year 10 months (Nov 2020 - Sep 2022)
Previous Experience
Executive Vice President and Chief Financial Officer at Rackspace Technology, Inc. (2019-2020); Vice President, Finance at Rackspace (2015-2019)
Other Rackspace Technology, Inc. CEOs
Holdings
Track Kevin Jones's stock holdings and portfolio value over time.
Insider Trading
Kevin Jones's recent stock transactions, purchases, and sales filed with the SEC.
11,029 shares
HLF
May 4, 2023
Received
5,387 shares
HLF
May 5, 2022
Received
564,243 shares
RXT
Mar 22, 2022
Received
1,091,989 shares
RXT
Aug 19, 2021
Received
$99.74K
RXT at $18.44/share
May 13, 2021
Purchase
3,173 shares
HLF
May 6, 2021
Received
458,730 shares
RXT
Mar 16, 2021
Received
Rivals
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