Golden Parachute for Ex-Rackspace CEO Points to Him Getting Very Rich

Rackspace’s new CEO is set, too. Plus, we have news from TD Synnex, Oracle, Google Cloud, ServiceNow, more.

Kelly Teal, Contributing Editor

October 5, 2022

11 Slides

It’s only the middle of the week and already we’ve got a hefty cloud news roundup for you. Let’s start with a look at the golden parachute packages Rackspace Technology is extending to its incoming and outgoing CEOs. By now readers know that Amar Maletira has replaced Kevin Jones, marking the giant MSP’s fifth CEO since 2016. Jones exits with an enviable golden parachute, while Maletira looks set for an even bigger one down the road.

After that, find out what the head of TD Synnex’s cloud, data and IoT group has to say about the company’s Inspire event this week. Franciso Criado also shares some strategic insight about how partners can profit more through some of the distributor’s offerings.

From there we take a look at Cloudify and its new partner program. DevOps-centric partners will likely be interested in that. Next, Oracle has a new platform that targets 5G, where more channel partners are dabbling. Get the scoop on the data and analytics capabilities there to prevent “catastrophic” network failure.

Then, we present two new acquisitions this week — one at ServiceNow, one at Deloitte. And, with apologies to Toto and all pop culture aficionados, we talk about where Google Cloud is launching a new data center region. Finally, we wrap up with some compelling stats on the colocation market.

See the slideshow above to kick off with the details on the two Rackspace executives’ golden parachutes. These gents should be enjoying smooth sailing.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Kelly Teal or connect with her on LinkedIn.


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About the Author(s)

Kelly Teal

Contributing Editor, Channel Futures

Kelly Teal has more than 20 years’ experience as a journalist, editor and analyst, with longtime expertise in the indirect channel. She worked on the Channel Partners magazine staff for 11 years. Kelly now is principal of Kreativ Energy LLC.

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