Rackable Systems Appoints James Wheat Chief Financial Officer

Rackable Systems today announced the official appointment of James Wheat as Chief Financial Officer. Wheat joined the company in April and served in an interim capacity while transitioning with Rackable Systems’ former CFO, Madhu Ranganathan. Wheat is now the full time CFO, and a member of the executive management team. He reports directly to CEO Mark Barrenechea. Wheat has a long history of executive and financial leadership within prominent public and private technology organizations. Prior to joining Rackable Systems in April of 2008, Wheat served as Vice President and Corporate Controller at Lam Research. Wheat has also held senior financial management positions at Asyst Technology, Inc., Sybase, Inc., TeleVideo, Sunterra Corporation, Raychem Corporation, Core-Mark International, Spectra-Physics and Honeywell International, Inc. Wheat earned his MBA at The Wharton School of the University of Pennsylvania and his BBA at the University of Michigan. He holds an active CPA license in California. Ranganathan’s departure occurred on May 16, 2008.