Thursday, November 23, 2017

Rackspace names new CEO following Taylor Rhodes resignation

New chief executive also serves on the boards of Commvault Systems and Discover Financial Services.

Rackspace has found a new CEO less than 20 days since CEO Taylor Rhodes, who has led the company for a decade, resigned.

The company’s board of directors has appointed technology industry veteran as the new CEO. He is due to take office from June 12.

As CEO, Eazor will be responsible for the company’s global strategy and operations, spanning the US and the three other continents where Rackspace maintains offices and data centres.

Eazor has spent more than 25 years as a technology executive. He has most recently served as CEO of EarthLink, a dial-up Internet service that he led into new areas of cloud networking.

In 2016, Forbes named Earthlink one of the 100 Most Trustworthy Companies in America. In February, Eazor led the sale of the company to Windstream for $1.1bn.

Before leading EarthLink, Eazor served as an executive at EMC, HP and EDS.  After HP’s acquisition of EDS, Eazor was responsible for integrating that $22bn business into its new parent.

Prior to the acquisition by HP, he led EDS’s Asia Pacific business and offshoring operations while living in Shanghai, China. Earlier in his career, he gained experience working with private equity investors as CEO of an Internet portal services startup called Springbow Solutions.

He also currently serves on the boards of Commvault Systems and Discover Financial Services.

Rackspace President Jeff Cotton, who has served as interim CEO since the company’s previous CEO departed in early May, said: “All of us feel that Joe will be a great culture fit, as well as a very effective CEO.

“Joe brings deep IT services experience, and strong leadership qualities. I look forward to working with him.”

Eazor said: “I am excited by the huge market opportunity that Rackspace has, as companies move out of their corporate data centres and into multiple clouds.

“Rackspace is uniquely well positioned to take advantage of this trend, as the only provider who can deliver expertise and exceptional customer service for all of the leading public and private clouds, along with managed hosting.

“Thanks to the strategy Rackspace adopted a few years ago, it’s got the early lead in the managed cloud space. My goal here is to build on that foundation and make us the world’s preeminent IT-services company.”