RACK just the transfering of operation chief.which you probably already know.
Rackable Systems Inc. (RACK) said Tuesday in a Securities and Exchange Commission filing that Gautham Sastri was transferred from the position of chief operating officer and became the company's executive vice president, RapidScale. Rackable Systems is a Milpitas, Calif., data-storage company. Shares of the company's stock closed Monday at $12.69. -Ingrid Pedrick Lehrfeld, Dow Jones Newswires; 202-862-1361 (END) Dow Jones NewswiresJune 05, 2007 08:03 ET (12:03 GMT)