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Rackspace Technology Appoints Thomas Cole to Board of Directors

October 2023 by Marc Jacob

Rackspace Technology® announced the appointment of Thomas Cole to the Board of Directors. Cole is an experienced finance executive with an illustrious 37-year career on Wall Street.

With extensive experience in investment banking, Cole spent 11 years at Citibank, where he was co-head of their leveraged finance business for the US and Canada. He was responsible for managing the origination, underwriting, and distribution of leveraged loans and high-yield bond financings for large corporate issuers and liaising with US regulators from the Federal Reserve, the FDIC, and the OCC.
Before Citibank, Cole spent two and a half years at HSBC and was promoted to Co-Head of their Commercial and Investment banking business for the Americas. Cole also spent a 20-year career with Deutsche Bank in Investment Banking, primarily in client service and origination, where he led the US leveraged finance group until his departure at the end of 2007.

Cole currently serves as Managing Partner and Founder of the consulting and advisory firm Narrowgate Partners. He is also on the board of several non-profit organizations. Cole attended the Kelley School of Business at Indiana University, graduating with a BS in finance. He also received an MBA in Accounting and Finance from The University of Chicago Booth School of Business.

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