Bruce Knooihuizen, chief financial officer of Rackspace Hosting today announced his intention to retire from the company.
Knooihuizen, 55, joined Rackspace as CFO in 2008. He helped take the company public on the New York Stock Exchange, built a strong finance team, and helped put Rackspace on a solid financial footing. “I feel that I’ve done what I came here to do,” Knooihuizen said. “I’m proud to have contributed to the growth and success of this company.” Lanham Napier, Rackspace CEO, said, “I want to thank Bruce for his financial leadership of our company. The earnings we announced today are a testament to his success.”
Rackspace will conduct an extensive internal and external search for Knooihuizen’s replacement. Knooihuizen will remain with the company to facilitate the transition for an undetermined period. Knooihuizen will fully retire once the transition is complete.