Company names Karl Pichler as the Chief Financial Officer.
Rackspace Hosting, a web hosting company, yesterday announced the appointment of Karl Pichler, 39, as Chief Financial Officer (CFO) and Principal Financial Officer, effective November 10, 2011. Pichler has been serving as interim CFO since April 15, 2011.
The company states that Pichler joined it in 2005 as Vice President of Finance. In April 2009, Pichler was appointed to its Europe, Middle East and Asia (EMEA) team and served as the company's International Finance Director. As of April 15, 2011, Pichler served as acting CFO, Treasurer and Principal Financial Officer. Over his tenure, he has had several roles at the company including the further development of the finance function and the design and implementation of the company's global financing activities.
"Karl has added tremendous value to Rackspace over the last six years and brings a depth of experience to the role," said Lanham Napier, President and Chief Executive Officer. "Karl is a veteran Racker who knows our business well and shares our values. We are excited to have Karl take this next step with us as we move the company forward."
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