Rimini Street Reinstates Chief Revenue Officer Steven Hershkowitz

What Happened
Rimini Street, Inc. (RMNI) filed an 8-K on September 14, 2026 announcing that Steven Hershkowitz has been reinstated as Executive Vice President and Chief Revenue Officer, effective September 14, 2026. The reinstatement follows his previously reported resignation on September 8, 2026 and was approved by the company’s Compensation Committee and agreed with CEO Seth Ravin and the Board.

Key Details

• Effective date: September 14, 2026; prior resignation occurred September 8, 2026.
• Compensation reinstated to prior levels: $480,000 annual base salary and $320,000.16 annual incentive opportunity under the company’s Cash Bonus Plan (based on 100% attainment); base salary will be prorated for the remainder of 2026.
• Chief Revenue Officer responsibilities and direct reports previously reassigned to EVP & COO Keith Costello have been returned to Mr. Hershkowitz; no change to Mr. Costello’s employment arrangement.
• Background: Hershkowitz joined Rimini Street in April 2024; prior roles include Chief Revenue Officer at Virtana (Feb 2022–Apr 2024) and multiple senior roles at Hewlett Packard Enterprise (2010–2022). He is a U.S. Air Force veteran and studied Business Administration at the University of Maryland. The filing notes no related-party transactions or family relationships requiring Item 404(a) disclosure.

Why It Matters
This 8-K signals a quick reversal of the Sept. 8 resignation and restores executive leadership over sales and revenue functions, which is material for investors tracking company sales execution and go-to-market continuity. The Compensation Committee’s approval of prior pay levels and the reassignment of direct reports back to Hershkowitz clarify management responsibilities and compensation costs for the remainder of 2026. The filing contains no indication of related-party arrangements, limiting disclosure of potential conflicts.