Rackspace Confirms Departure of COO Roenigk

Web hosting company Rackspace  (RAX) confirmed the departure of COO Mark Roenigk, according to the San Antonio Business Journal on Thursday, after nearly 8 years at that position with the company. He will be leaving the company June 28. 

David Meredith, a senior vice president at Century Link  (CTL) , will take over for Roenigk.

"Rackspace is strongly positioned to succeed in a market where businesses want help moving out of their legacy data centers so they can be more strategic in their IT operations," Meredith said in a statement. 

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