Episode 1: He Turned Down Lehman Brothers. Two Months Later Rackspace Called. episode artwork

EPISODE · May 29, 2026 · 1H 38M

Episode 1: He Turned Down Lehman Brothers. Two Months Later Rackspace Called.

from The CFO Review Podcast · host Paul Lynch, CEO of Centage

In 2006, Karl Pichler had a job offer from Lehman Brothers. He turned it down. Two months later, Rackspace came calling — and that decision set off a chain of events that took him from corporate finance consultant to CFO of a billion-dollar public company, through an IPO, and ultimately a $4.5B leveraged buyout from Apollo Capital.In this episode of the CFO Review, host Paul Lynch sits down with Karl Pichler to unpack the career moves that built toward the CFO seat — and the principles that drove $80M to $2.1B in revenue at one of the most interesting companies in tech services history.If you're in finance and wondering whether the opportunity in front of you is the right one — this conversation is worth your time.What you'll take away: → Why the CFO seat is a leadership job first and a finance job second → How broad exposure across the finance stack separates real contenders from candidates → Why your goal should be getting into the consideration set — not just landing the job → What scaling from $80M to $2.1B actually looks like from the inside → The future of finance — and why Karl thinks most functions are still being run like it's 2005The CFO Review — weekly conversations with finance leaders who've already made the jump.👉 Subscribe for new episodes 🔔

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Episode 1: He Turned Down Lehman Brothers. Two Months Later Rackspace Called.

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