Rimini Street, Inc. Chief Revenue Officer Resigns
$RMNI · Rimini Street, Inc.Research Summary
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Rimini Street, Inc. Chief Revenue Officer Resigns
What Happened Rimini Street, Inc. announced in a Form 8‑K that Steven Hershkowitz, the Company’s Executive Vice President and Chief Revenue Officer, resigned effective September 8, 2026 to pursue another opportunity. The Company transferred Mr. Hershkowitz’s CRO responsibilities and direct reports to Keith Costello, Rimini Street’s Executive Vice President and Chief Operating Officer. The filing refers investors to the Company’s August 12, 2026 Form 8‑K for additional background on Mr. Costello.
Key Details
- Resignation effective date: September 8, 2026 (Steven Hershkowitz).
- Interim reassignment: CRO responsibilities and direct reports moved to Keith Costello (Executive VP & COO).
- Costello background: previously led field sales at DXC Technology and IBM, overseeing responsibility for billions of dollars of global revenue.
- Filing type: Form 8‑K, Item 5.02 (departure of officers).
Why It Matters This filing documents a change in senior revenue leadership, with the Company consolidating CRO duties under its COO. For investors, leadership changes in sales and revenue functions can affect execution and near‑term sales momentum; the 8‑K does not disclose any replacement plan, severance, or direct financial impact. Monitor upcoming earnings reports and future filings for any further management updates or guidance on revenue performance.