Oracle OpenWorld 2013 – Rimini Street, Inc., the leading
third-party maintenance and support provider for enterprise software,
including SAP AG’s (NYSE:SAP) Business
Suite and BusinessObjects
software and Oracle Corporation’s (NYSE:ORCL) Siebel,
PeopleSoft,
JD
Edwards, E-Business
Suite, Oracle
Database, Hyperion
and Oracle
Retail software, today announced that Jack L. Acosta has been
appointed to its Board of Directors as an Independent Director and
Chairman of the Audit Committee.
Acosta, 65, is a veteran of the enterprise software industry with
decades of board and operating experience. He currently serves on
several technology company boards, with his most recent operational role
serving as chief financial officer at Portal Software, Inc. (now part of
Oracle). Prior to that, he served as executive vice president and chief
financial officer for Sybase, Inc. (now part of SAP).
Prior to these roles, Acosta served as vice president, engineering
services, integration and business management for Sybase. He also served
as president, COO, and a director of Tanon Manufacturing, Inc. Earlier,
Acosta held various management positions at Ungermann-Bass, Inc., Atari,
Inc., Diablo Systems, Inc., and Ford Motor Company. Acosta holds a
Bachelors of Science degree in Industrial Relations and a Masters of
Science in Management Sciences. He also received an Honorary Doctor of
Humane Letters degree from California State University East Bay
(formerly Hayward).
“I have spent a majority of my career with successful companies who had
the vision and capability of changing the global technology landscape
through disruptive innovation, and I am excited to join Rimini Street’s
board and work with this passionate, client-focused team to help further
accelerate Rimini Street’s global expansion,” said Acosta. “Rimini
Street is a well-run, high-growth organization with years of clean
audited financial statements, and is redefining the enterprise software
support space with its award-winning service offering that is already
being enthusiastically embraced by nearly 700 clients around the world.”
“We are pleased to have someone with Jack’s extensive background and
industry successes join Rimini Street’s Board of Directors and look
forward to his contributions as we continue to accelerate global growth
in accordance with our business plan,” said Seth
Ravin, Rimini Street CEO. “Jack’s appointment to the important role
of Chairman of the Audit Committee is a continuation of Rimini Street’s
commitment to transparent and disciplined financial management and
oversight that includes a rigorous focus on internal financial
processes, systems and audits.”
About Rimini Street, Inc.
Rimini Street is the leading third-party provider of enterprise software
support services. The company is redefining enterprise support services
with an innovative, award-winning program that enables Oracle and SAP
licensees to save up to 90 percent on total support costs over a decade,
including saving 50 percent on annual support fees. Clients can remain
on their current software release without any required upgrades or
migrations for at least 10 years. Hundreds of global, Fortune 500,
midmarket, and public sector organizations from virtually all industries
have selected Rimini Street as their trusted, independent support
provider. To learn more, please visit www.riministreet.com or
call within the USA 888-870-9692 or internationally +1 702-839-9671.
Rimini Street and the Rimini Street logo are trademarks of Rimini
Street, Inc. All other company and product names may be trademarks of
their respective owners. Copyright © 2013. All rights reserved.
Copyright Business Wire 2013