https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2022 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Channel Partners 101 (CP 101)
  • Events
    • Back
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • 2022 MSP 501 Rankings
    • 2022 NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2022 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Channel Partners 101 (CP 101)
  • Events
    • Back
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Leadership


Rackspace CEO Taylor Rhodes Leaving Company

  • Written by Yevgeniy Sverdlik
  • May 3, 2017
Taylor Rhodes is leaving Rackspace after three years as CEO.

Brought to you by Data Center Knowledge

Taylor Rhodes is leaving Rackspace after three years as CEO of the former hosting and cloud heavyweight that recently pivoted to providing managed cloud services for Amazon Web Services, Microsoft Azure, and other hyper-scale platforms.

Rhodes will be replaced by Rackspace president Jeff Cotten, who is stepping in as interim CEO but whom the company’s board considers “a strong candidate” for the chief executive role long-term. 

In a blog post, Rhodes said he has taken the Windcrest, Texas-based company as far as his skill set has allowed, and it’s time to let someone with different knowledge and abilities to push it further. He has taken a CEO role at a much smaller company, whose name he did not disclose, describing it as:

“It’s using cloud technologies to disrupt what has been a very low-tech industry. The company is going through growing pains and needs a CEO who has been through those challenges before.”

Rhodes said his new company is about as big as Rackspace was when he joined 10 years ago.

He was appointed as Rackspace’s chief executive in 2014, replacing then publicly traded company’s co-founder and former CEO Graham Weston. The company made the CEO switch after declining several buyout and partnership offers.

Last August however, Rackspace went private, bought out by investment management company Apollo Global Management for $4.3 billion.

Here’s Rhodes on company performance since the buyout:

“I’m proud to have led Rackspace through a hinge in its history, as we seized the leadership of the young and fast-growing market for managed cloud services, and as we went private under the ownership of Apollo Global Management and its partners. We recently reported strong fourth-quarter results to our bond and debt holders. And 2017 is shaping up to be even stronger, as we’re exceeding almost all of the financial targets we established with Apollo and our board.”

In a follow-up blog post of his own, Cotten said Rhodes was leaving Rackspace in “solid condition.” Since the company is now private, it does not report the details of its financial performance, but according to Cotten, its managed cloud business is growing exceptionally well.

Managed AWS and Azure services have grown more than 1,400 percent year over year since the were launched two years ago, he said. The company also recently entered a partnership with Google, expecting to launch managed public cloud services for Google Cloud Platform in the near future. Rackspace also provides private cloud services, using VMware, Microsoft, and OpenStack platforms.

Cotten also said Rackspace is working to launch a data center in Germany. Its current footprint consists of data centers in Dallas, Chicago, Northern Virginia, London, Hong Kong, and Sydney.

Tags: Agents Cloud Service Providers MSPs VARs/SIs Channel Research Leadership

Most Recent


  • Chris Krebs
    Black Hat USA: Former CISA Director Says Cybercrime to Get a Lot Worse Before Better
    Black Hat attendance is back to pre-pandemic levels.
  • Black Hat logo
    Black Hat USA 2022: DNSFilter, NetWitness, BlackBerry, CrowdStrike, More
    The event marks the 25th Black Hat USA.
  • Encouraging_nourishing business growth
    AWS’ Market Share Crept Up a Full Percentage Point in Q2
    New data show the cloud computing provider remains top dog globally, even as Azure, Google made inroads.
  • Cloud Computing Adoption Fuels Huge Data Center Capex Projections
    Dell’Oro Group expects spending to hit $377 billion by 2026. That’s important for the channel to know.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Executive replacement
    Microsoft Replaces Channel Chief Gavriella Schuster
  • Vice President
    Telstra Enterprise Sales VP Brings Experience in Channels
  • Incentives with Money
    Dell Boosts Storage Sales Incentives, Toasts Partner Financial Successes
  • Merge road sign
    MSPs Happy, Surprised, Concerned About Synnex-Tech Data Merger

Upcoming Events

View all

MSP Summit

September 13, 2022 - September 16, 2022

Channel Partners Conference & Expo

May 1, 2023 - May 4, 2023

Galleries

View all

Partner Program Updates: Microsoft, TD Synnex, AppSmart, Cisco, Verizon

August 11, 2022

Channel Futures and Channel Partners Ready Trio of Powerhouse Summits

August 11, 2022

Black Hat USA: Former CISA Director Says Cybercrime to Get a Lot Worse Before Better

August 11, 2022

Industry Perspectives

View all

How to Take Shared Responsibility for Securing Cloud

August 11, 2022

Seize the Application Modernization Opportunity

August 2, 2022

A Growth Mindset: Your Organization’s Strategic Differentiator

August 1, 2022

Webinars

View all

Outsmarting RaaS: Implementation Strategies To Help Your Clients Before, During, and After a Ransomware Attack

August 23, 2022

Why it is Important to Upgrade Aging Servers and How to use Live Optics to Upgrade Efficiently

August 25, 2022

Executives at Home are Not Alright: An Intro to Digital Executive Protection

September 8, 2022

White Papers

View all

Work Goes Remote – (and Other Top ITOps Trends)

May 25, 2022

The New Bottom Line: How MSPs Can Meet the Healthcare Crisis While Evolving Their Businesses

April 19, 2022

How to build a Security Operations Center (on a budget)

April 4, 2022

Channel Futures TV

View all

ThreatLocker Preaches Zero Trust, Addresses Industry Competition

ScienceLogic Debuts New Partner Portal

August 9, 2022

Vonage a ‘Single Communications Stack Provider’ for Partners, Customers

June 27, 2022

IBM, Partners and the $1 Trillion Hybrid Cloud Opportunity

June 26, 2022

Twitter

ChannelFutures

Boost privacy by design with #shiftleft mindset and add #security to cloud deployments from start, says… twitter.com/i/web/status/1…

August 12, 2022
ChannelFutures

Say sayonara to contract renewals - @KaseyaCorp responds to mounting customer concerns with significant changes.… twitter.com/i/web/status/1…

August 11, 2022
ChannelFutures

.@Kyndryl, @Five9 partnership will focus on cloud-based #contactcenter solutions. dlvr.it/SWTFPx https://t.co/WGQedUjSB1

August 11, 2022
ChannelFutures

How cloud providers and customers can work together to safely share and secure responsibility in the cloud. @Cisco… twitter.com/i/web/status/1…

August 11, 2022
ChannelFutures

See the latest updates from @verizonbusiness, @GetNerdio, @AppSmartcom, @CiscoPartners and other companies.… twitter.com/i/web/status/1…

August 11, 2022
ChannelFutures

.@nutanix said to lay off 4% of workforce by October, as company cites macroeconomic issues. dlvr.it/SWSMDN https://t.co/w6JeqkI7r6

August 11, 2022
ChannelFutures

#BHUSA Day 1 with Chris Krebs, @cybereason, @keepersecurity, @BreachQuest, @awscloud and @splunk. #cybersecurity… twitter.com/i/web/status/1…

August 11, 2022
ChannelFutures

Have you registered for the @MSP_Summit yet? It’s just about a month away, so don’t wait. Here’s a sneak preview of… twitter.com/i/web/status/1…

August 11, 2022

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2022 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X