Ms. Arthur brings significant technology services and vertical industry leadership experience to Board position
SAN ANTONIO – Rackspace announced the appointment of Susan Arthur to its board of directors, effective as of April 15, 2020.
Ms. Arthur brings substantial global technology services industry experience to the Rackspace board, with particular expertise in the government and healthcare vertical industries, two of Rackspace’s key growth areas.
“Susan brings an unmatched blend of operational EXECution capability, enterprise IT services experience and vertical industry expertise,” said Kevin Jones, CEO, Rackspace. “We are truly fortunate to have her join the board, and I am looking forward to working with her.”
Ms. Arthur is currently the COO of OptumInsight, a 10 billion-dollar healthcare technology services company. Prior to joining Optum in 2019, she served in a number of leadership roles at technology services companies, including NTT Data as Group President and DXC Technology, where she was Vice President and General Manager.
Prior to DXC, Ms. Arthur was with Hewlett-Packard Enterprise (HPE) for nearly a decade, where she served in a number of vice president and general manager roles, most recently as vice president and general manager of regulated industries.
“Susan’s background and experience at the enterprise level – particularly around driving growth and scaling businesses—will further catapult Rackspace as a leading force in the technology market,” said David Sambur, Chairman of the board, Rackspace. “We are honored to welcome her to the board.”
“I believe the market opportunity for Rackspace is truly a distinctive one,” said Susan Arthur. “Working alongside Rackspace’s strong leadership team, I look forward to leveraging my experience to help position the company and its offerings to customers globally.”
Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at
www.rackspace.com.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,”
“could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements
contain these words.
These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy,
the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and
scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions
and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated
benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability
to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and
governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure
buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners,
including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry
conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law.
