Former Oracle, IBM, HP, and Lenovo senior executive will lead Company’s operations in the region and focus on accelerating sales growth and delivering extraordinary value to clients
LAS VEGAS--(BUSINESS WIRE)--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 that technology industry veteran Kevin N. Hooper has joined the company as group vice president and regional general manager for the Americas Central Region, reporting to Emmanuel Richard, senior vice president and general manager of the Americas Theatre. In his new role, Hooper will oversee Rimini Street’s operations in the region, which include marketing, demand generation, sales (new, cross-sale, and renewal), client success and extraordinary service delivery.
Hooper is a proven and seasoned executive who comes to Rimini Street with more than 20 years of operational and leadership success. He joins Rimini Street from Lenovo, where he most recently served as North America president and general manager of the Infrastructure Solutions Group. Previously, Hooper served as group vice president for cloud business analytics at Oracle, executive vice president of enterprise business at NEC, vice president and general manager of HP networking sales at Hewlett-Packard and vice president of worldwide business partner strategy at IBM. Hooper also previously served as chief revenue officer at Rogue Wave Software.
"Rimini Street has an aggressive growth plan to achieve $1 Billion in annual revenue by 2026, so we are focused on attracting and deploying the most extraordinary, proven leadership talent in the industry,” Richard said. “Over his tenured career, Kevin has repeatedly demonstrated his ability to help the world's largest tech companies successfully grow their business while remaining focused on delivering excellent service and value to clients. We’re looking forward to leveraging Kevin’s expertise and experience to further accelerate our growth, sell our expanded portfolio of services and deliver an even more extraordinary service experience to our clients in the Americas Central Region.”
"Rimini Street’s vision, disruptive portfolio of services, extraordinary engineering talent, and huge blue-chip client base were very exciting and attractive to me, and the Company’s aggressive growth plans aligned to my capabilities, experience and passion – and I wanted to be part of the next chapter in this exciting story,” said Hooper. “I love helping clients find the smart path to optimize, evolve and transform IT to meet their strategic, operational and financial goals.”
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI) 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. (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 “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 amount and timing of repurchases, if any, under our common stock repurchase plan; the impact of our credit facility’s ongoing debt service obligations and financial covenants and operational covenants on our business and related interest rate risk, 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, including under our new credit facility; 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; challenges 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 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 Annual Report on Form 10-K filed on March 2, 2022, 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.
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