Rimini Street CRO Hershkowitz resigns Sept. 8
Rimini Street announces the resignation of its Chief Revenue Officer and shifts those responsibilities to its current Chief Operating Officer.
Rhea-AI Filing Summary
Rimini Street, Inc. (RMNI) reports that Executive Vice President and Chief Revenue Officer Steven Hershkowitz resigned his position effective September 8, 2026 to pursue another opportunity. His Chief Revenue Officer responsibilities and direct reports have been transferred to Executive Vice President and Chief Operating Officer Keith Costello.
The company notes that Mr. Costello previously led field sales functions at DXC Technology and IBM, where he oversaw responsibility for billions of dollars of global revenue, and directs readers to a prior company disclosure dated August 12, 2026 for additional background on his experience.
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- Executive revenue leader resigns: Executive Vice President and Chief Revenue Officer Steven Hershkowitz resigned effective September 8, 2026, creating a leadership change in a key commercial role.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Effective resignation date: September 8, 2026
Prior background reference date: August 12, 2026
Trading Symbol: RMNI
3 metrics
Effective resignation date
September 8, 2026
Date Steven Hershkowitz’s resignation from the Chief Revenue Officer role became effective
Prior background reference date
August 12, 2026
Date of the earlier company disclosure cited for additional information on Keith Costello
Trading Symbol
RMNI
Common Stock, par value $0.0001 per share, listed on The Nasdaq Global Market
Key Terms
Emerging growth company, Common Stock, par value $0.0001 per share, The Nasdaq Global Market, Inline XBRL
4 terms
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
The Nasdaq Global Market market
"Name of each exchange on which registered The Nasdaq Global Market"
The Nasdaq Global Market is a tier of the Nasdaq stock exchange where established companies list their shares after meeting higher financial, governance and reporting standards than smaller markets. For investors it acts like a quality filter — signaling greater transparency and typically better trading liquidity, which makes buying, selling and assessing the stock’s risk easier compared with shares on less-regulated venues.
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
What leadership change did Rimini Street (RMNI) disclose on September 8, 2026?
Rimini Street disclosed that Executive Vice President and Chief Revenue Officer Steven Hershkowitz resigned his position effective September 8, 2026 to pursue another opportunity, and that his revenue responsibilities and direct reports were reassigned internally.
Who will assume Chief Revenue Officer responsibilities at Rimini Street (RMNI)?
Keith Costello, Executive Vice President and Chief Operating Officer, has assumed the Chief Revenue Officer responsibilities and direct reports following Steven Hershkowitz’s resignation, consolidating revenue oversight under his existing operational leadership role.
Why did Rimini Street’s Chief Revenue Officer resign?
Rimini Street states that Executive Vice President and Chief Revenue Officer Steven Hershkowitz resigned his position effective September 8, 2026 to pursue another opportunity. No additional reasons or details are provided in the disclosure.
What relevant experience does Keith Costello bring to his expanded role at RMNI?
Rimini Street notes that Keith Costello previously led field sales functions at DXC Technology and IBM, where he oversaw responsibility for billions of dollars of global revenue, and refers investors to an earlier company disclosure dated August 12, 2026 for more background.
Does this Rimini Street (RMNI) 8-K include any new financial results?
No. The disclosure focuses on the resignation of the Chief Revenue Officer and the reassignment of his responsibilities to the Chief Operating Officer. It does not present new financial results or earnings metrics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
