Rimini Street Announces Director Changes and Officer Compensation Details
Ticker: RMNI · Form: 8-K · Filed: Mar 6, 2025 · CIK: 1635282
| Field | Detail |
|---|---|
| Company | Rimini Street, Inc. (RMNI) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, officer-compensation
TL;DR
Rimini Street board shakeup: Danziger out, Smith in. Officer pay details also filed.
AI Summary
On March 6, 2025, Rimini Street, Inc. filed an 8-K report detailing the departure of director Michael L. Danziger and the election of new director David A. R. L. Smith. The filing also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this section.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Director departures and changes in officer compensation can indicate internal shifts that may affect the company's future direction and stability.
Key Players & Entities
- Rimini Street, Inc. (company) — Registrant
- Michael L. Danziger (person) — Departing Director
- David A. R. L. Smith (person) — Newly Elected Director
- GP Investments Acquisition Corp. (company) — Former Company Name
FAQ
Who has departed from the Rimini Street board of directors?
Michael L. Danziger has departed from the Rimini Street board of directors.
Who has been elected as a new director to the Rimini Street board?
David A. R. L. Smith has been elected as a new director to the Rimini Street board.
What is the primary business address of Rimini Street, Inc.?
The primary business address of Rimini Street, Inc. is 1700 S. Pavilion Center Drive, Suite 330, Las Vegas, NV 89135.
What is the fiscal year end for Rimini Street, Inc.?
The fiscal year end for Rimini Street, Inc. is December 31st.
What other information is disclosed in this 8-K filing besides director changes?
This 8-K filing also discloses compensatory arrangements of certain officers.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 6, 2025 by Michael L. Danziger regarding Rimini Street, Inc. (RMNI).