Rimini Street COO Gerard Brossard resigns effective June 10, 2022; severance includes $103,125 cash payment

Rimini Street, Inc.

Gerard Brossard resigned as COO effective June 10, 2022, to pursue other opportunities; no dispute with company.
Severance: $103,125 cash (3 months' base salary), Q1 2022 cash bonus, prorated Q2 2022 target bonus, 3 months COBRA.
Unvested equity awards forfeited; no additional FY2022 equity grants.
Agreement includes customary release of claims, confidentiality, and non-disparagement provisions.

item 5.02 item 9.01

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Departed

Gerard Brossard

Chief Operating Officer

RMNI · Rimini Street, Inc.

Effective: 2022-06-10
Filed: June 10, 2022, 7:59 PM ET

On June 10, 2022, Mr. Gerard Brossard delivered notice of his resignation as Chief Operating Officer of Rimini Street, Inc. (the “ Company ”) to be effective at 5:00 p.m., Pacific Time, on June 10, 2022 (the “ Resignation Date ”) to pursue other opportunities.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Gerard Brossard resigned as Chief Operating Officer at Rimini Street, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On June 10, 2022, Mr. Gerard Brossard delivered notice of his resignation as Chief Operating Officer of Rimini Street, Inc. (the “ Company ”) to be effective at 5:00 p.m., Pacific Time, on June 10, 2022 (the “ Resignation Date ”) to pursue other opportunities.

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Rimini Street, Inc. filing history →

Source: SEC EDGAR

accession 0001635282-22-000139

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