Golden Parachute for Ex-Rackspace CEO Points to His Becoming Super-Wealthy

Rackspace’s new CEO is also set. Plus, we’ve got news from TD Synnex, Oracle, Google Cloud, ServiceNow, more.

It’s only the middle of the week and we already have a heavy cloud news roundup for you. Let’s start with a look at the golden parachute packages that Rackspace Technology has extended to its incoming and outgoing CEOs. By now, readers know that Amar Maletira has replaced Kevin Jones, marking the MSP giant’s fifth CEO since 2016. Jones exited with an enviable golden parachute, while Maletira looks set for a bigger one in road

After that, find out what the head of TD Synnex’s cloud, data and IoT group had to say about the company’s Inspire event this week. Franciso Criado also shared some strategic insights about how partners can earn more through some of the distributor’s offerings.

From there we’ll take a look at Cloudify and its new partner program. DevOps-centric partners will likely be interested in that. Next, Oracle has a new platform targeting 5G, with more channel partners getting involved. Get the scoop on the data and analytics capabilities there to prevent “catastrophic” network failure.

Then, we’ll present two new acquisitions this week — one with ServiceNow, one with Deloitte. And, with apologies to Toto and all pop culture aficionados, we’re talking about where Google Cloud is launching a new data center region. Finally, we wrap up some compelling statistics on the colocation market.

Check out the slideshow above to get started on the details on the two Rackspace executives’ golden parachutes. These gents must be enjoying smooth sailing.



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