Rimini Street Promotes Seasoned and Successful OCEANIA Regional GM to Run Larger EMEA Theatre

Rhea-AI Summary

Rimini Street, Inc. (Nasdaq: RMNI) has appointed Emmanuelle Hose as group vice president and theatre general manager for Europe, Middle East, and Africa (EMEA). Hose, who previously managed the Oceania region, aims to drive revenue growth and expand the client base in EMEA. The company supports over 300 organizations in the region. Emphasizing the importance of maximizing existing enterprise application value, Hose will ensure clients can effectively fund digital transformation amidst rising demand for third-party support services.

Positive

• Appointment of Emmanuelle Hose as EMEA general manager could enhance strategic direction and client engagement.
• Hose's extensive experience in enterprise software is expected to benefit operations in EMEA.
• Rimini Street currently supports over 300 public and commercial organizations in EMEA, indicating a stable client base.

Negative

• None.

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced the promotion and appointment of Emmanuelle Hose as the new group vice president and theatre general manager for Europe, Middle East, and Africa (EMEA). Hose has held increasing positions of responsibility at Rimini Street since 2014, most recently serving as the successful regional general manager of Australia, New Zealand and South Pacific (OCEANIA) and will now lead the next phase of client and revenue growth across the larger and also successful EMEA theatre. Hose reports to Gerard Brossard, chief operating officer at Rimini Street, and is relocating back to her native France to lead the EMEA theatre.

Rimini Street Promotes Emmanuelle Hose to group VP and theatre GM for EMEA (Photo: Business Wire)

Hose and her team will play a key role in achieving the Company’s goals to accelerate revenue growth and expand the client base across the Company’s EMEA theatre. Rimini Street already supports more than 300 public sector and commercial organizations with operations in EMEA, including Nottinghamshire County Council, Green Cargo and IATA.

Hose’s experience spans industry sectors including government, retail, telecoms and manufacturing. Her focus is on enabling clients to maintain, optimize and extract more value from their existing mission-critical enterprise applications and technologies while funding digital transformation projects that increase competitive advantage and drive growth. Throughout her career, Hose has placed great importance on helping clients embrace IT solutions and services to meet their business needs. Leveraging her degree in Information Technology from the Universities of Paris V and Brighton, where Hose specialized in mathematics and artificial intelligence, she will help clients cut through the hype around new technologies to identify innovations that deliver business value.

“I am joining the EMEA team at an incredibly exciting time as demand for third-party support services continues to grow rapidly across EMEA,” said Hose. “As competitive and financial pressures increase, organizations need to focus their limited resources on the right investments in digital transformation and maximize their return from core transactional systems like ERP that do not need to be upgraded or replaced in expensive, wasteful ERP refreshes. Rimini Street has a broad portfolio of solutions to help organizations achieve these goals.”

“Emma brings significant enterprise software industry and operations experience to her new role and based on Emma’s track record of success in our OCEANIA region, I know our operations and clients in EMEA will benefit enormously from her strategic insights and technology expertise,” said Brossard. “Her leadership will support our clients’ need to improve their competitive advantage and growth, leveraging Rimini Street’s broad portfolio of managed technical and functional solutions.”

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000^® Company, is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,000 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 application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

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 “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” 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, the duration of and operational and financial impacts on our business of the COVID-19 pandemic and related economic impact, as well as the actions taken by governmental authorities, clients or others in response to the COVID-19 pandemic; catastrophic events that disrupt our business or that of our current and prospective clients, changes in the business environment in which Rimini Street operates, including inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates; adverse developments in pending litigation or in the government inquiry or any new litigation; 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 initiatives; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the terms and impact of our outstanding 13.00% Series A Preferred Stock; our ability to maintain an effective system of internal control over financial reporting, and our ability to remediate identified material weaknesses in our internal controls, including in relation to the accounting treatment of our warrants; changes in taxes, laws and regulations; competitive product and pricing activity; difficulties of managing growth profitably; the customer adoption of our recently introduced products and services, including our Application Management Services (AMS), Rimini Street Advanced Database Security, and services for Salesforce Sales Cloud and Service Cloud products, in addition to other products and services we expect to introduce in the near future; the loss of one or more members of Rimini Street’s management team; uncertainty as to the long-term value of Rimini Street’s equity securities; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on May 10, 2021, 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.

© 2021 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/20210706005243/en/

FAQ

What is the recent appointment at Rimini Street?

Emmanuelle Hose has been appointed as the new group vice president and theatre general manager for EMEA.

How many organizations does Rimini Street support in EMEA?

Rimini Street supports over 300 organizations in the Europe, Middle East, and Africa region.

What role will Emmanuelle Hose play at Rimini Street?

Emmanuelle Hose will lead efforts to accelerate revenue growth and expand the client base in EMEA.

What experience does Emmanuelle Hose bring to her new role?

Hose has significant experience in enterprise software and has previously managed the Oceania region for Rimini Street.

Why is third-party support important for organizations?

Organizations need third-party support to maximize the value of existing enterprise applications and reduce costs associated with upgrades.