Kevin M.  Jones net worth and biography

Kevin Jones Biography and Net Worth

Rackspace Technology® is an industry leader in multicloud solutions across applications, data, security and infrastructure on the world’s leading cloud platforms. With nearly seven thousand employees worldwide, the company serves customers in more than 120 countries and generates $2.5 billion in annual revenue.

Chief Executive Officer Kevin is an accomplished business leader with 30 years of technology services experience and has a proven track record in leading business transformations.

Before joining Rackspace Technology in April 2019, Kevin was the CEO of MV Transportation, the largest privately owned transportation contracting firm in the US. MV generates $1.5 billion in annual revenue and has more than 20,000 employees.

Kevin has held global leadership roles at Electronic Data Systems (EDS), Hewlett-Packard (HP), Hewlett Packard Enterprise (HPE), Dell and, most recently, DXC Technology(DXC), a $25 billion publicly traded IT services company. He served as Senior Vice President and General Manager of the Americas region with 66,000 employees and $10 billion in annual revenue.

At both DXC and HPE, Kevin transformed the Americas into the most profitable region. Before joining DXC and HPE, Kevin served as Chief Customer and Sales Officer for Dell Services. He led all go-to-market functions for applications, business process outsourcing, infrastructure services and cloud computing businesses. In his three years at Dell, Kevin grew the revenue by 11%, increased profitability by 12% and raised Dell’s customer satisfaction score from 0 to 51.

Kevin spent 21 years in executive positions at HP and EDS Europe and Asia. As Senior Vice President of HP’s Enterprise Services, Asia Pacific and Japan, he increased profitability by 25%. At EDS, as Vice President, UK Government, his team saved the relationship with the company’s most profitable customer and signed $4.5 billion in new business.

In 2021 Kevin was appointed as a director on the board of global nutrition company Herbalife.

Kevin holds a BBA from James Madison University and is a Certified Management Accountant. He is married with two sons, and enjoys running, triathlons, boxing, tennis and golf.

What is Kevin M. Jones' net worth?

The estimated net worth of Kevin M. Jones is at least $2.01 million as of May 13th, 2021. Mr. Jones owns 777,279 shares of Rackspace Technology stock worth more than $2,005,380 as of November 23rd. This net worth evaluation does not reflect any other investments that Mr. Jones may own. Learn More about Kevin M. Jones' net worth.

How do I contact Kevin M. Jones?

The corporate mailing address for Mr. Jones and other Rackspace Technology executives is 1 FANATICAL PLACE CITY OF WINDCREST, SAN ANTONIO TX, 78218. Rackspace Technology can also be reached via phone at 210-312-4000 and via email at [email protected]. Learn More on Kevin M. Jones' contact information.

Has Kevin M. Jones been buying or selling shares of Rackspace Technology?

Kevin M. Jones has not been actively trading shares of Rackspace Technology during the last ninety days. Most recently, on Thursday, May 13th, Kevin M. Jones bought 5,409 shares of Rackspace Technology stock. The stock was acquired at an average cost of $18.44 per share, with a total value of $99,741.96. Following the completion of the transaction, the chief executive officer now directly owns 777,279 shares of the company's stock, valued at $14,333,024.76. Learn More on Kevin M. Jones' trading history.

Who are Rackspace Technology's active insiders?

Rackspace Technology's insider roster includes Timothy Campos (Director), Dhiren Fonseca (Director), Kevin Jones (CEO), Amar Maletira (CFO), Subroto Mukerji (COO), Tolga Tarhan (CTO), and Holly Windham (EVP). Learn More on Rackspace Technology's active insiders.

Are insiders buying or selling shares of Rackspace Technology?

In the last year, insiders at the sold shares 13 times. They sold a total of 859,221 shares worth more than $1,646,668.55. The most recent insider tranaction occured on October, 2nd when CEO Amar Maletira sold 82,552 shares worth more than $195,648.24. Insiders at Rackspace Technology own 2.0% of the company. Learn More about insider trades at Rackspace Technology.

Information on this page was last updated on 10/2/2024.

Kevin M. Jones Insider Trading History at Rackspace Technology

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/13/2021Buy5,409$18.44$99,741.96777,279View SEC Filing Icon  
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Kevin M. Jones Buying and Selling Activity at Rackspace Technology

This chart shows Kevin M Jones's buying and selling at Rackspace Technology by year and by quarter.

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Rackspace Technology Company Overview

Rackspace Technology logo
Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services. It also helps customers establish governance, operational, and architectural frameworks to mitigate risks and reduce inefficiencies to manage costs, achieve industry-specific compliance objectives, and enhance security. In addition, the company offers managed applications, including running large-scale SaaS applications for customers on its and public cloud infrastructure; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.
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Today's Range

Now: $2.58
Low: $2.34
High: $2.60

50 Day Range

MA: $2.55
Low: $2.32
High: $3.03

2 Week Range

Now: $2.58
Low: $1.22
High: $3.41

Volume

799,085 shs

Average Volume

1,077,040 shs

Market Capitalization

$587.13 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.97