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Rackspace Technology Taps Industry Veteran Brian Lillie as President, Private Cloud Business

January 16, 2023

Rackspace Technology Taps Industry Veteran Brian Lillie as President, Private Cloud Business

Rackspace Technology Taps Industry Veteran Brian Lillie as President, Private Cloud Business

Addition to EXECutive Management Team comes as multicloud solutions company kicks off 2023 with new strategy and operating model to drive transformation and growth

SAN ANTONIO, TX – January 16, 2023 – Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced the appointment of Brian Lillie as President of Private Cloud business unit, effective January 23, 2023. Lillie’s appointment completes the company’s realignment as it begins EXECuting its two-business unit operating model. Late last year, Rackspace tapped D K Sinha to lead its Public Cloud business unit.

“I am thrilled to welcome Brian to Rackspace Technology,” said Amar Maletira, CEO of Rackspace Technology. “Brian’s thirty years of vast technology experience and proven track record coupled with his strategic thinking and EXECution focus will be winning elements as we EXECute our growth strategy.”

Maletira added, “Rackspace is uniquely positioned to win in the private cloud market.  We have a well-known brand with deep experience in private cloud, a global data center footprint, cutting-edge technology and IP, and strong partnerships with key technology players. With our realignment complete, we have two exceptional, customer-first leaders, at the helm of our public cloud and private cloud businesses. We begin the year focused on accelerating growth in both segments, as we EXECute our strategy to be the leading pure play multicloud solutions company.”

Lillie joins Rackspace Technology from Zayo Group, where he was Chief Product and Technology Officer. He created and was responsible for EXECuting the company’s product, network, and software technology strategy and roadmap. Before this role, Lillie served over ten years in several C-level roles at Equinix, including Chief Information Officer, Chief Customer Officer, and with his last position being Chief Product Officer.

Lillie previously held several leadership positions in sales, operations, and IT before joining Equinix. He was Vice President of Global Sales Operations at VeriSign, where he was responsible for the strategy and EXECution of global sales support. Before that, he worked at SGI as Senior Director of Enterprise Applications. Lillie also spent eight years in the United States Air Force, primarily in space operations, including automating satellite command and control functions.

Lillie presently serves on the Board of Directors for Lumentum and Storj Labs.

“I am thrilled to be joining Rackspace and working alongside Amar and the EXECutive leadership team to enhance the company’s private cloud strategy and further develop their innovative multicloud product and solutions roadmap to drive growth,” said Lillie. “Rackspace Technology’s customer-first, cloud-first approach, combined with an exceptionally dedicated and talented team of Rackers, make it a powerful force for unlocking the company’s growth potential.”

Lillie obtained a Master of Science in Management from Stanford University Graduate School of Business, a Master of Science in Telecommunications from Golden Gate University, and a Bachelor of Science in Mathematics from Montana State University-Bozeman.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multi-cloud technology services company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact

Natalie Silva

publicrelations@rackspace.com

About Rackspace Technology

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.

Forward-Looking Statements

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.