Rimini Street Management
Management criteria checks 4/4
Rimini Street's CEO is Seth Ravin, appointed in Sep 2005, has a tenure of 18.58 years. total yearly compensation is $1.20M, comprised of 36.5% salary and 63.5% bonuses, including company stock and options. directly owns 12.15% of the company’s shares, worth $31.22M. The average tenure of the management team and the board of directors is 3 years and 10.4 years respectively.
Key information
Seth Ravin
Chief executive officer
US$1.2m
Total compensation
CEO salary percentage | 36.5% |
CEO tenure | 18.6yrs |
CEO ownership | 12.1% |
Management average tenure | 3yrs |
Board average tenure | 10.4yrs |
Recent management updates
Recent updates
Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks
Mar 20Why Rimini Street, Inc. (NASDAQ:RMNI) Could Be Worth Watching
Mar 13Rimini Street Q2 2022 Earnings Preview
Aug 02Rimini Street: A First Look
Jun 15An Intrinsic Calculation For Rimini Street, Inc. (NASDAQ:RMNI) Suggests It's 45% Undervalued
Jun 11Breakeven On The Horizon For Rimini Street, Inc. (NASDAQ:RMNI)
May 07An Intrinsic Calculation For Rimini Street, Inc. (NASDAQ:RMNI) Suggests It's 42% Undervalued
Mar 05CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | 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$50m |
Compensation vs Market: Seth's total compensation ($USD1.20M) is about average for companies of similar size in the US market ($USD1.60M).
Compensation vs Earnings: Seth's compensation has been consistent with company performance over the past year.
CEO
Seth Ravin (56 yo)
18.6yrs
Tenure
US$1,197,167
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 |
---|---|---|---|---|
Founder | 18.6yrs | US$1.20m | 12.15% $ 31.2m | |
Executive VP | 3.5yrs | US$874.36k | 0.16% $ 404.7k | |
Executive VP of Sales Renewals – Global & Chief Recurring Revenue Officer | 6.3yrs | US$864.32k | 0.12% $ 306.7k | |
Executive VP & Chief Client Officer | 14.6yrs | US$774.02k | 0.14% $ 353.3k | |
Executive Vice President of Special Projects & Office of the CEO | less than a year | US$700.44k | 0.21% $ 538.9k | |
Senior VP & CTO | 3yrs | no data | no data | |
Executive VP & Chief Information Officer | less than a year | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
GVP, Chief Counsel and Chief Ethics & Compliance Officer | no data | no data | no data | |
Vice President of Marketing Brand | 1.3yrs | no data | no data | |
Senior Vice President of Global Human Resources | 1.9yrs | no data | no data | |
Chief Product Officer & Executive VP of Global Transformation | no data | US$1.07m | 0.43% $ 1.1m |
3.0yrs
Average Tenure
57yo
Average Age
Experienced Management: RMNI's management team is considered experienced (3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 18.6yrs | US$1.20m | 12.15% $ 31.2m | |
Independent Director | 14.8yrs | US$45.00k | 0.19% $ 479.0k | |
Director | 2.5yrs | US$56.25k | 0.034% $ 87.6k | |
Independent Lead Director | 10.5yrs | US$68.33k | 0.19% $ 481.8k | |
Independent Director | 10.3yrs | US$67.50k | 0.19% $ 479.3k | |
Independent Director | 3.8yrs | US$52.50k | 0.13% $ 344.7k |
10.4yrs
Average Tenure
56yo
Average Age
Experienced Board: RMNI's board of directors are seasoned and experienced ( 10.4 years average tenure).