Rimini Street, Inc. Announces Retirement of Margaret Taylor as Member of the Board of Directors
July 26, 2022 at 04:07 pm EDT
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On July 25, 2022, Ms. Margaret (Peggy) Taylor, a member of the Board of Directors (the Board ) of Rimini Street, Inc. (the Company ) since January 2014, delivered her written resignation, reflecting notice of her decision to retire as a member of the Board effective as of the conclusion of quarterly Board and Board committee meetings currently scheduled for August 2, 2022. Ms. Taylor's notice states that there were no disagreements between her and the Company relating to the Company's operations, policies or practices relative to her decision to retire from the Board. The Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, will appoint a new Lead Independent Director and a new Chair of the Compensation Committee of the Board to succeed Ms. Taylor, who currently holds these positions.
Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription-based software support products and services offer enterprise software licensees a choice of solutions that replace or supplement the support products offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.