Proven leader with strong track record of
success in building multi-billion-dollar enterprise and SaaS
companies to spearhead Rimini Street’s global sales strategy,
execution, and growth
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of
end-to-end enterprise software support, products, and services, the
leading third-party support provider for Oracle and SAP software,
and a Salesforce and AWS partner, today announced the appointment
of Steve Hershkowitz as its new Chief Revenue Officer (CRO).
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the full release here:
https://www.businesswire.com/news/home/20240424061249/en/
Rimini Street Appoints Steve Hershkowitz
as Chief Revenue Officer (Photo: Business Wire)
“Steve’s leadership and extensive experience scaling businesses
to deliver top-line growth will expand our sales reach to capture
new logos and increase our opportunity to provide even greater
value to our clients,” said Rimini Street president and CEO Seth
Ravin. “The global revenue team and I are excited to work closely
together with Steve to drive growth and broader capabilities for
our company.”
Leading the Next Chapter of Sales Growth and Continued
Success for Rimini Street
Prior to joining Rimini Street, Hershkowitz held executive
leadership roles at several prominent technology companies,
including Cisco Systems and HP/HPE. He also played a key leadership
role in the largest business transformation in US history, HP's
2015 split, and was instrumental in creating a new core strategy,
divesting businesses, commanding operational turnaround, and
establishing HPE as a stronger enterprise high-tech company and
global competitor.
Hershkowitz's extensive background includes proven success in
scaling enterprise and SaaS software companies in highly
competitive markets. With over two decades of experience in
leadership roles and full P&L responsibility, Hershkowitz has
demonstrated an extraordinary ability to grow multi-billion-dollar
businesses and early-to-mid-stage startups.
In his new role, Hershkowitz will oversee all aspects of sales,
including the company’s worldwide sales strategy to meet rising
market demand and opportunities for Rimini Street’s award-winning
support and services.
"I am excited to join the Rimini Street team and contribute to
the company's next chapter of growth and continued success," said
Steve Hershkowitz, CRO of Rimini Street. "Rimini Street has a
strong and mature global sales operation and a full portfolio of
proven products, services, and solutions for enterprise software
that are still in the global rollout and launch stage. I will be
focused on completing the global rollout and launch, scaling the
sales operation to achieve accelerating growth while also managing
the cost of sales.”
Steve Hershkowitz is a seasoned executive with a strong track
record of leading sales growth, managing large enterprise sales,
and driving innovation within high-tech firms, contributing to
their reputation as a transformational leader with an impressive
sales growth track record. Follow him on LinkedIn.
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is
a global provider of end-to-end enterprise software support,
products and services, the leading third-party support provider for
Oracle and SAP software and a Salesforce and AWS partner. The
Company has operations globally and offers a comprehensive family
of unified solutions to run, manage, support, customize, configure,
connect, protect, monitor, and optimize enterprise application,
database, and technology software, and enables clients to achieve
better business outcomes, significantly reduce costs and reallocate
resources for innovation. To date, over 5,500 Fortune 500, Fortune
Global 100, midmarket, public sector, and other organizations from
a broad range of industries have relied on Rimini Street as their
trusted enterprise software solutions provider. To learn more,
please visit riministreet.com, and connect with Rimini Street on
Twitter, Instagram, Facebook and LinkedIn. (IR-RMNI)
Forward-Looking Statements
Certain statements included in this communication are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “anticipate,” “believe,” “continue,”
“could,” “currently,” “estimate,” “expect,” “future,” “intend,”
“may,” “might,” “outlook,” “plan,” “possible,” “potential,”
“predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or
other similar words, phrases or expressions. These forward-looking
statements include, but are not limited to, statements regarding
our expectations of future events, future opportunities, global
expansion and other growth initiatives and our investments in such
initiatives. These statements are based on various assumptions and
on the current expectations of management and are not predictions
of actual performance, nor are these statements of historical
facts. These statements are subject to a number of risks and
uncertainties regarding Rimini Street’s business, and actual
results may differ materially. These risks and uncertainties
include, but are not limited to, adverse developments in and costs
associated with defending pending litigation or any new litigation,
including the disposition of pending motions to appeal and any new
claims; additional expenses to be incurred in order to comply with
injunctions against certain of our business practices and the
impact on future period revenue and costs; changes in the business
environment in which Rimini Street operates, including the impact
of any recessionary economic trends and changes in foreign exchange
rates, as well as general financial, economic, regulatory and
political conditions affecting the industry in which we operate and
the industries in which our clients operate; the evolution of the
enterprise software management and support landscape and our
ability to attract and retain clients and further penetrate our
client base; significant competition in the software support
services industry; customer adoption of our expanded portfolio of
products and services and products and services we expect to
introduce; our ability to sustain or achieve revenue growth or
profitability, manage our cost of revenue and accurately forecast
revenue; estimates of our total addressable market and expectations
of client savings relative to use of other providers; variability
of timing in our sales cycle; risks relating to retention rates,
including our ability to accurately predict retention rates; the
loss of one or more members of our management team; our ability to
attract and retain additional qualified personnel, including sales
personnel, and retain key personnel; challenges of managing growth
profitably; our need and ability to raise additional equity or debt
financing on favorable terms and our ability to generate cash flows
from operations to help fund increased investment in our growth;
risks associated with global operations; our ability to prevent
unauthorized access to our information technology systems and other
cybersecurity threats, protect the confidential information of our
employees and clients and comply with privacy regulations; our
ability to maintain an effective system of internal control over
financial reporting; our ability to maintain, protect and enhance
our brand and intellectual property; changes in laws and
regulations, including changes in tax laws or unfavorable outcomes
of tax positions we take, or a failure by us to establish adequate
tax reserves; the impact of environmental, social and governance
(ESG) matters; our credit facility’s ongoing debt service
obligations and financial and operational covenants on our business
and related interest rate risk, including uncertainty from the
transition to SOFR or other interest rate benchmarks; the
sufficiency of our cash and cash equivalents to meet our liquidity
requirements; the amount and timing of repurchases, if any, under
our stock repurchase program and our ability to enhance stockholder
value through such program; uncertainty as to the long-term value
of Rimini Street’s equity securities; catastrophic events that
disrupt our business or that of our clients; and those discussed
under the heading “Risk Factors” in Rimini Street’s Annual Report
on Form 10-K filed on February 28, 2024, and as updated from time
to time by Rimini Street’s future Annual Reports on Form 10-K,
Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and
other filings by Rimini Street with the Securities and Exchange
Commission. In addition, forward-looking statements provide Rimini
Street’s expectations, plans or forecasts of future events and
views as of the date of this communication. Rimini Street
anticipates that subsequent events and developments will cause
Rimini Street’s assessments to change. However, while Rimini Street
may elect to update these forward-looking statements at some point
in the future, Rimini Street specifically disclaims any obligation
to do so, except as required by law. These forward-looking
statements should not be relied upon as representing Rimini
Street’s assessments as of any date subsequent to the date of this
communication.
© 2024 Rimini Street, Inc. All rights reserved. “Rimini Street”
is a registered trademark of Rimini Street, Inc. in the United
States and other countries, and Rimini Street, the Rimini Street
logo, and combinations thereof, and other marks marked by TM are
trademarks of Rimini Street, Inc. All other trademarks remain the
property of their respective owners, and unless otherwise
specified, Rimini Street claims no affiliation, endorsement, or
association with any such trademark holder or other companies
referenced herein.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240424061249/en/
Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702
285-3532 pr@riministreet.com
Rimini Street (NASDAQ:RMNI)
過去 株価チャート
から 11 2024 まで 12 2024
Rimini Street (NASDAQ:RMNI)
過去 株価チャート
から 12 2023 まで 12 2024
