Rimini Street Announces Director Changes and Compensatory Arrangements
Ticker: RMNI · Form: 8-K · Filed: May 23, 2025 · CIK: 1635282
| Field | Detail |
|---|---|
| Company | Rimini Street, Inc. (RMNI) |
| Form Type | 8-K |
| Filed Date | May 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, director-change, compensation
TL;DR
Rimini Street board shakeup: Director Danzi out, Dureza in. Exec pay details also filed.
AI Summary
On May 23, 2025, Rimini Street, Inc. filed an 8-K report detailing the departure of Director Michael L. Danzi and the election of new Director David A. Dureza. The filing also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this excerpt.
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: low — The filing primarily concerns routine corporate governance matters like director changes and compensation disclosures, which typically carry low immediate risk.
Key Players & Entities
- Rimini Street, Inc. (company) — Registrant
- Michael L. Danzi (person) — Departing Director
- David A. Dureza (person) — Elected Director
- GP Investments Acquisition Corp. (company) — Former Company Name
FAQ
Who has departed from the Rimini Street, Inc. Board of Directors?
Michael L. Danzi has departed from the Rimini Street, Inc. Board of Directors.
Who has been elected as a new Director to the Rimini Street, Inc. Board?
David A. Dureza has been elected as a new Director to the Rimini Street, Inc. Board.
What is the filing date of this 8-K report?
The filing date of this 8-K report is May 23, 2025.
What is the principal executive office address for Rimini Street, Inc.?
The principal executive office address for Rimini Street, Inc. is 1700 S. Pavilion Center Drive, Suite 330, Las Vegas, NV 89135.
What other items are covered in this 8-K filing besides director changes?
This 8-K filing also covers the election of directors and compensatory arrangements of certain officers.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 23, 2025 by Michael L. Danzi regarding Rimini Street, Inc. (RMNI).