Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
The Home Depot has named Matt Carey executive vice president and chief information officer. Carey previously was senior vice president and chief technology officer at eBay.
The Home Depot Inc. has named Matt Carey executive vice president and chief information officer. Carey will have responsibility for all aspects of the retailer’s information technology and communication systems and services. He will report to Frank Blake, chairman and CEO of The Home Depot, No. 42 in the Internet Retailer Top 500 Guide.
Carey previously was senior vice president and chief technology officer at eBay Inc., where he was responsible for product development, site operations, electronic security, product planning, platform engineering, data warehousing, trust and safety, and catalog operations for eBay Marketplaces.
Prior to eBay, Carey spent more than 20 years at Wal-Mart Stores Inc. His most recent position with Wal-Mart, No. 14 in the Internet Retailer Top 500 Guide, was senior vice president and chief technology officer. During his tenure at Wal-Mart, he managed the rollout of its wireless radio frequency infrastructure, had responsibility for the merchant’s mainframe large systems and data warehouse, and led the implementation and integration of Walmart.com and SamsClub.com.
“Matt’s functional expertise, coupled with his knowledge of retail, makes him a terrific fit for our company,” Blake says. “I am looking forward to the impact Matt will have on our entire organization.”