Rimini Street Management

Management criteria checks 2/4

Rimini Street's CEO is Seth Ravin, appointed in Sep 2005, has a tenure of 18.67 years. total yearly compensation is $4.73M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 12.08% of the company’s shares, worth €23.90M. The average tenure of the management team and the board of directors is 2.3 years and 10.5 years respectively.

Key information

Seth Ravin

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage	9.9%
CEO tenure	18.7yrs
CEO ownership	12.1%
Management average tenure	2.3yrs
Board average tenure	10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Seth Ravin's remuneration changed compared to Rimini Street's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$22m
Dec 31 2023	US$5m	US$469k	US$26m
Sep 30 2023	n/a	n/a	US$11m
Jun 30 2023	n/a	n/a	US$4m
Mar 31 2023	n/a	n/a	US$72k
Dec 31 2022	US$1m	US$438k	-US$2m
Sep 30 2022	n/a	n/a	US$69m
Jun 30 2022	n/a	n/a	US$63m
Mar 31 2022	n/a	n/a	US$58m
Dec 31 2021	US$2m	US$400k	US$45m
Sep 30 2021	n/a	n/a	-US$26m
Jun 30 2021	n/a	n/a	-US$22m
Mar 31 2021	n/a	n/a	-US$21m
Dec 31 2020	US$2m	US$358k	-US$15m
Sep 30 2020	n/a	n/a	-US$18m
Jun 30 2020	n/a	n/a	-US$19m
Mar 31 2020	n/a	n/a	-US$15m
Dec 31 2019	US$827k	US$300k	-US$4m
Sep 30 2019	n/a	n/a	-US$716k
Jun 30 2019	n/a	n/a	-US$49m
Mar 31 2019	n/a	n/a	-US$75m
Dec 31 2018	US$868k	US$300k	-US$75m
Sep 30 2018	n/a	n/a	-US$79m
Jun 30 2018	n/a	n/a	-US$35m
Mar 31 2018	n/a	n/a	-US$35m
Dec 31 2017	US$536k	US$300k	-US$50m

Compensation vs Market: Seth's total compensation ($USD4.73M) is above average for companies of similar size in the German market ($USD713.13K).

Compensation vs Earnings: Seth's compensation has increased by more than 20% in the past year.

CEO

Seth Ravin (56 yo)

18.7yrs

Tenure

US$4,726,758

Compensation

Mr. Seth A. Ravin is the Founder of Rimini Street, Inc. and has been its Chairman and Chief Executive Officer since September 2005. Mr. Ravin has been President of Rimini Street, Inc. since March 1, 2023....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Seth Ravin	Founder	18.7yrs	US$4.73m	12.08% $ 23.8m
Michael Perica	Executive VP	3.6yrs	US$1.75m	0.16% $ 318.9k
Janet Ravin	Vice President of Marketing Brand	1.3yrs	no data	no data
David Rowe	Chief Product Officer & Executive VP of Global Transformation	no data	US$1.17m	0.43% $ 840.6k
Kevin Maddock	Executive VP of Sales Renewals – Global & Chief Recurring Revenue Officer	less than a year	US$1.07m	0.12% $ 233.6k
Nancy Lyskawa	Executive VP & Chief Client Officer	14.7yrs	US$1.18m	0.14% $ 269.0k
Eric Helmer	Senior VP & CTO	3.1yrs	no data	no data
Gertrude Van Horn	Executive VP & Chief Information Officer	less than a year	no data	no data
Dean Pohl	Vice President of Investor Relations	no data	no data	no data
Michael Spencer	GVP, Chief Counsel and Chief Ethics & Compliance Officer	no data	no data	no data
Brian Almas	Senior Vice President of Global Human Resources	2yrs	no data	no data
Meyleen Beichler	Senior Vice President of Global Transformation	2.3yrs	no data	no data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 0QH's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Seth Ravin	Founder	18.7yrs	US$4.73m	12.08% $ 23.8m
Robin Murray	Independent Director	14.9yrs	US$405.00k	0.19% $ 364.8k
Katrinka McCallum	Director	2.6yrs	US$245.00k	0.034% $ 66.7k
Jack Acosta	Independent Lead Director	10.6yrs	US$440.00k	0.19% $ 367.0k
Steven Capelli	Independent Director	10.3yrs	US$427.50k	0.19% $ 365.0k
Jay Snyder	Independent Director	3.9yrs	US$412.50k	0.13% $ 262.5k

10.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 0QH's board of directors are seasoned and experienced ( 10.5 years average tenure).

Rimini Street Management

Management criteria checks 2/4

Key information

Recent management updates

Rimini Street, Inc., Annual General Meeting, Jun 06, 2024

Rimini Street, Inc. Appoints Steve Hershkowitz as Chief Revenue Officer

Rimini Street, Inc. Appoints Steven Salaets as Executive Vice President, Special Projects, Office of the CEO

Insider recently sold €114k worth of stock

Rimini Street, Inc. Announces Resignation of Gerard Brossard as Chief Operating Officer

Insider recently sold €123k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.015 (vs US$0.064 in 1Q 2023)

Rimini Street, Inc., Annual General Meeting, Jun 06, 2024

Rimini Street, Inc. Appoints Steve Hershkowitz as Chief Revenue Officer

New minor risk - Share price stability

Rimini Street, Inc. to Report Q1, 2024 Results on May 02, 2024

Full year 2023 earnings released: EPS: US$0.29 (vs US$0.028 loss in FY 2022)

Rimini Street, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Rimini Street, Inc. Appoints Steven Salaets as Executive Vice President, Special Projects, Office of the CEO

Investor sentiment improves as stock rises 16%

New major risk - Share price stability

Investor sentiment improves as stock rises 27%

Third quarter 2023 earnings released: EPS: US$0.076 (vs US$0.005 loss in 3Q 2022)

Rimini Street, Inc. Announces Support, Managed and Consulting Services for Salesforce ClickSoftware to Extend Life and Value of Client Deployments Beyond December 31, 2023 End-Of-Life Deadline

Rimini Street Expands its Salesforce Solutions to Include Rimini Consult for Salesforce

Rimini Street, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Rimini Street, Inc. Announces Rimini Support™? for SAP Industry Solutions, Maximizing Value and Extending the Lifespan of Critical Systems

Second quarter 2023 earnings released: EPS: US$0.048 (vs US$0.001 in 2Q 2022)

Rimini Street, Inc. Announces Expansion of its Rimini Manage for SAP Products to Include SAP Cloud Applications

New major risk - Share price stability

New major risk - Share price stability

Rimini Street, Inc. Announces Statement on U.S. Federal Court Ruling

Rimini Street, Inc. to Report Q2, 2023 Results on Aug 02, 2023

New minor risk - Insider selling

First quarter 2023 earnings released: EPS: US$0.064 (vs US$0.035 in 1Q 2022)

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2023 and Reaffirms Earnings Guidance for the Full Year of 2023

Insider recently sold €114k worth of stock

Full year 2022 earnings released: US$0.028 loss per share (vs US$0.54 profit in FY 2021)

Rimini Street, Inc. to Report Q4, 2022 Results on Mar 01, 2023

Investor sentiment improved over the past week

Rimini Street Launches Rimini Connect™ to Help Organizations Future-Proof and Solve Continuously Evolving and Growing Integration and Interoperability Challenges

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: US$0.005 loss per share (vs US$0.078 loss in 3Q 2021)

Rimini Street, Inc. Provides Guidance for Fourth Quarter and Full Year 2022

Rimini Street, Inc. Provides Updates on Oracle Litigation Activity

Investor sentiment improved over the past week

Rimini Street, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Investor sentiment deteriorated over the past week

Rimini Street, Inc. Provides Revenue Guidance for the Third quarter and Full Year 2022

Second quarter 2022 earnings released

Rimini Street, Inc. Provides Revenue Guidance for the Third Quarte and Full Year 2022

Rimini Street, Inc. Launches Rimini Protect™

Rimini Street, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Rimini Street, Inc. Announces Resignation of Gerard Brossard as Chief Operating Officer

Insider recently sold €123k worth of stock

Rimini Street, Inc. Provides Revenue Guidance for the Second Quarter of 2022

Rimini Street, Inc., Annual General Meeting, Jun 01, 2022

Rimini Street, Inc. to Report Q1, 2022 Results on May 04, 2022

Rimini Street, Inc. Announces Impairment Charges for the Quarter Ended December 31, 2021

Rimini Street, Inc. Appoints Jeff Spicer as Executive Vice President and Chief Marketing Officer

Rimini Street, Inc. to Report Q4, 2021 Results on Mar 02, 2022

Rimini Street, Inc. Issues Statement on Oracle Litigation Activity

Rimini Street, Inc. Granted U.S. Patent for Its Artificial Intelligence-Based Case Assignment Advisor

Founder recently sold €7.8m worth of stock

Forecast to breakeven in 2022

Third quarter 2021 earnings released

Forecast to breakeven in 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age