RACKSPACE TECHNOLOGY APPOINTS BOBBY MOLY AS CHIEF FINANCE OFFICER (CFO)

Multi-cloud solutions tech firm, Rackspace Technology, has appointed new Bobby Molu as its new Chief Financial Officer (CFO). Bobby Molu will assume this new position effective January 2023.

According to the new Chief Executive Officer (CEO) of Rackspace Technology, Amar Maletira, Mr. Molu has grounded expertise in the field of finance. Thus, his addition will be key to the reshaping the company.

“Bobby’s global experience and a career spanning two decades in numerous financial leadership roles in the technology industry combined with his strong operational background will be key as we execute our strategy and new operating model, positioning Rackspace to the long-term multi-cloud market potential,” says Amar.

Aside from his recent appointment, Bobby Molu served as the CFO for International Markets and, before that, he served the Asia Pacific region at Mastercard. He also had a stint with Hewlett-Packard and its subsidiary, Aruba as well as finance role with IBM.

Commenting on his appointment, Mr. Molu said “I'm delighted to be joining the preeminent leader in multi-cloud solutions and working with Amar and the leadership team to accelerate the journey of delivering profitable revenue growth... Rackspace Technology’s customer-first, cloud-first focus, coupled with its strong brand, committed employee base and world-class partner ecosystem makes it poised to execute its go-forward strategy and seize the multi-cloud market opportunity.”