Rackspace Appoints Jesse Burros as Senior Vice President of Corporate Development


SAN ANTONIOApril 2, 2019 Rackspace today announced it has hired Jesse Burros as senior vice president of corporate development. Burros, who brings nearly 15 years of corporate development and investment banking experience, will be responsible for leading the company’s mergers and acquisitions strategy and execution, as well as Investor Relations.

“Jesse is a proven leader with a deep understanding of capital markets, M&A and the global IT landscape,” said Louis Alterman, CFO of Rackspace. “As we push to become the greatest technology services company in the world, we’ll continue to pursue opportunities to help us broaden our expertise and strengthen our solutions portfolio, and we’ll have expanded opportunities to interact with the capital markets. Jesse is the ideal leader to drive these efforts.” Prior to joining Rackspace, Burros established and led the cloud services investment banking practice at BMO Capital Markets.

While at BMO, Burros successfully advised public and private companies on equity and debt offerings, sales, acquisitions and divestitures worth over $4 billion in transaction volume. Among other notable M&A transactions and initial public offerings, Burros was the exclusive financial advisor to Rackspace and Apollo on the acquisition of TriCore Solutions. Before joining BMO, Jesse held corporate strategy and finance roles with Time Warner, MTV Networks and Jefferies.

“I’ve worked closely with Rackspace for several years and I’m very bullish about the future of this company,” said Burros. “Rackspace is the leader in managed cloud services and given its scale, leadership team, and track record of excellent customer service, I couldn’t be more excited about coming on board to help drive the next phase of the company’s growth. I look forward to exploring new ways to expand our capabilities and global reach, as we work to help customers accelerate the value of the cloud at every phase of their digital transformation journey.” Read more: “5 Questions for Rackspace SVP of Corporate Development Jesse Burros”

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Brandon Brunson

About Rackspace Technology

Rackspace Technology is the multicloud solutions expert. We combine our expertise with the world’s leading technologies- across applications, data and security- to deliver end-to-end solutions. We have a proven record of advising customers based on their business challenges, designing solutions that scale, building and managing those solutions, and optimizing returns into the future.

As a global, multicloud technology services pioneer, we deliver innovative capabilities of the cloud to help customers build new revenue streams, increase efficiency and create incredible experiences. Named a best place to work, year after year according to Fortune, Forbes, and Glassdoor, we attract and develop world-class talent to deliver the best expertise to our customers. Everything we do is wrapped in our obsession with our customers’ success – our Fanatical Experience™ – so they can work faster, smarter and stay ahead of what’s next.

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