Rackspace Technology, Inc. filed a current report on August 24, 2026, disclosing the planned departure of Dharmendra Kumar Sinha from his role as President, Public Cloud, effective on or about September 14, 2026.

Key Highlights

  • Executive departure: Dharmendra Kumar Sinha is expected to leave his position as President, Public Cloud of Rackspace Technology, Inc. on or about September 14, 2026.
  • No disagreement cited: According to the filing, Mr. Sinha's departure "is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices."
  • Separation agreement pending: The company disclosed it expects to enter into a separation agreement with Mr. Sinha, the terms of which are still being negotiated.
  • Terms anticipated to align with employment agreement: The filing states the separation terms are "anticipated to be consistent with the terms and conditions included in his employment agreement," plus customary releases and restrictive covenants.
  • Exhibit expected in future quarterly report: A copy of the separation agreement is expected to be attached as an exhibit to the company's quarterly report for the period ending September 30, 2026.

Rackspace Discloses Leadership Change in Its Public Cloud Division

Rackspace Technology, Inc. (NASDAQ:RXT), a San Antonio, Texas-based technology company incorporated in Delaware, reported that Dharmendra Kumar Sinha, who has served as President of its Public Cloud segment, is expected to leave the company on or about September 14, 2026. The Public Cloud division represents one of Rackspace Technology's key business areas, through which the company provides managed cloud services to enterprise customers.

According to the filing, the company expects to finalize a separation agreement with Mr. Sinha under terms being negotiated at the time of the report. The filing notes that the anticipated terms are expected to be consistent with Mr. Sinha's existing employment agreement and will also include, in the company's words, "customary releases and restrictive covenants." The filing further states that the summary provided is "not complete and is qualified in its entirety by the separation agreement," which has not yet been finalized or publicly filed.

The current report was signed on August 24, 2026, by Sarah Alexander, Vice President, Deputy General Counsel and Assistant Secretary of Rackspace Technology, Inc. The full separation agreement, once executed, is expected to be attached as an exhibit to the company's Form 10-Q for the quarterly period ending September 30, 2026, at which point complete terms will become publicly available.

What Was Disclosed

Rackspace Technology disclosed via an August 24, 2026 current report the planned departure of its President, Public Cloud, Dharmendra Kumar Sinha, effective on or about September 14, 2026, with a separation agreement pending finalization and no disagreement cited as the cause.