Account Executive jobs at Rackspace - 6093 jobs

The Sales Executive VI - CSP Acquisition is responsible for shaping and executing an inorganic growth agenda across strategic partnerships - specifically focused on VMware Cloud Service Providers. This role partners with the business unit leaders to originate, assess, negotiate, and deliver transactions and alliances that accelerate our strategy, strengthen our portfolio, and create long‑term shareholder value. Operating at enterprise scope, the role orchestrates cross‑functional workstreams (Finance, Legal, Strategy, Product/BU, HR, Communications) from initial thesis through post‑close integration and partnership activation. Key Responsibilities Strategy & Origination Lead market scanning and target sourcing (bankers, investors, founders, PE/VC); develop executive‑ready investment cases with clear strategic rationale and value creation levers. Build and maintain relationships with external advisors and key industry stakeholders. Partner with Executive leaders LT to define the VMware Cloud Service Provider growth plan aligned to the corporate strategy; maintain a prioritized pipeline of target CSPs, capabilities, and companies. Evaluation & Deal Execution Proactively identify, qualify, and develop new business opportunities with CSPs to build a robust sales pipeline and drive revenue growth Leverage market insights and industry networking strategies to create and maintain a healthy pipeline of prospective CSPs Own end‑to‑end transaction execution: preliminary assessments, valuation/modeling oversight, diligence planning, LOI/term sheet development, negotiation, and closing. Run cross‑functional diligence with clear scope, timeline, and risk controls; synthesize findings into actionable recommendations and mitigation plans. Drive disciplined governance-prepare ELT/Board materials, manage approval gates, and ensure compliance with regulatory requirements. Integration & Value Realization Partner with business leaders to design an integration strategy for customers and or employees, where applicable: Day‑1/Day‑100 plans, and KPIs. Track post‑close performance vs. deal model; course‑correct to protect and deliver value. Leadership & Team Management Mobilize Rackers, through indirect leadership, to create value through Cloud Service Provider transitions; set objectives, coach through complex deals, and cultivate a strong external network. Orchestrate cross‑functional accountability across Finance, Legal, Product/BU, HR, and Communications; escalate quickly to clear roadblocks and maintain pace. Communications and Stakeholder Management Create concise, executive‑level materials (strategy narratives, investment memos, Executive updates); communicate complex topics simply and persuasively. Serve as a visible enterprise leader who models our values, builds trust, and drives clarity in ambiguous situations. Qualifications 10+ years of progressive experience in VMware Cloud Service Provider Partnership programs, corporate development or strategy roles, including significant ownership of closed transactions. Demonstrated success leading complex strategic partnerships and/or M&A transactions end‑to‑end (origination through integration) at enterprise scale. Advanced proficiency in valuation, financial modeling, and deal structuring; strong grasp of accounting, tax, and regulatory considerations. Exceptional executive communication and negotiation skills; proven ability to influence C‑suite/Board and align cross‑functional teams. Experience in technology, cloud, managed services, or software. Bachelor's degree required; MBA or related advanced degree preferred. CFA/CPA a plus. Competencies Strategic Agility: Turns market insight into clear theses and executable roadmaps; balances near‑term results with long‑term value. Deal Excellence: Applies rigorous financial/strategic analysis; manages risk; drives disciplined governance. Influence & Communication: Crafts compelling narratives; secures buy‑in from executives and external stakeholders. Location & Travel US - Remote. Hybrid work with travel (~25-40%) as needed. EEO Statement & Notes Rackspace is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. This job description provides a general summary and is not a comprehensive list of duties. Responsibilities may evolve based on business needs. CSP-Specific Enhancements This role is uniquely accountable for driving strategic initiatives to acquire VMware Cloud Solution Provider (CSP) customers, expand our presence in the cloud ecosystem, and accelerate growth through CSP-focused M&A, partnerships, and alliances. Additional Key Responsibilities Develop and execute strategies to identify, evaluate, and acquire VMware CSP customers globally, ensuring alignment with Private Cloud growth objectives. Establish and nurture strategic partnerships with CSP ecosystem players. Lead negotiations and deal structuring for VMware CSP-related acquisitions, alliances, and investments, focusing on customer onboarding and accelerated revenue realization. Collaborate with Sales, Product, and Marketing teams to design CSP-specific offerings and value propositions. Monitor VMware CSP market trends and competitive landscape to inform strategic decisions and maintain leadership position. Drive integration plans for VMware CSP acquisitions, ensuring seamless onboarding and rapid CSP customer adoption Additional Qualifications Proven experience in cloud business models, CSP programs, and subscription-based revenue strategies. Strong network within the VMware CSP ecosystem and ability to influence senior stakeholders. Track record of executing strategic partnerships and acquisitions in the cloud domain. Deep understanding of VMware licensing, compliance, and customer lifecycle management. Ability to translate CSP market insights into actionable corporate development strategies. Additional Performance Metrics Number of CSP customers acquired and integrated. Revenue growth and margin contribution from CSP-focused deals. Speed of CSP customer onboarding and transition success Are you a Racker?Rackers thrive in fast-paced environments built to inspire learning, growing, and innovating. They are mission-inspired, values-grounded, culture-focused, and dedicated to making a positive impact in everything they do. Rackers are inherently wired to solve problems and share ideas in small, nimble teams. As experts in what they do, Rackers are serious about delivering a Fanatical Experience™ to our customers. Rackers are valued members of a winning team on an inspiring mission and we want you to join the Racker family! Why work at Rackspace Technology? Find your fanatical . We deliver the best customer experience in the industry to businesses that perform life-saving research, power cities, and feed millions. Come as you are . Cultivating inclusion is not just the right thing to do, it enables us to win. Our Executive Inclusion Council and Racker Resource Groups (RRGs) partner to enable an inclusive workplace and drive initiatives such as Rackspace's participation in the annual Texas Conference for Women. Satisfy your curiosity . No matter where you are going, we can help you get there. Our internal learning department, Rackspace University , provides training and development to Rackers - from Microsoft™ certifications to effective leadership training - our goal is to help you grow. Make a difference . At the core of every Racker is a drive to leave the world better than we found it, and we are passionate about giving back to our communities across the globe. While Rackers can leverage paid volunteer time off for any cause, our Rack Gives Back program creates opportunities for Rackers to give their time and talent to others. Live life completely . We offer a well-rounded suite of health and wellness programs that help our Rackers achieve a healthy and balanced lifestyle. So while our Rackers are busy taking care of our customers, we take care of our Rackers. #LI-Remote #LI-CM1 Our compensation reflects the cost of labor across several US geographic markets. The pay for this position ranges from $168,100 Min/year in our lowest geographic market up to 295,790 Max/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. The compensation package may also include incentive compensation opportunities in the form of annual bonus or incentives, equity awards and an Employee Stock Purchase Plan (ESPP). Learn more about benefits at Rackspace.