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Gerard Brossard Biography and Net Worth

COO of Rimini Street

Mr. Brossard is a technology industry executive with more than 25 years of experience and a proven track record of delivering significant financial results across multiple disciplines including strategy, P&L ownership, M&A, sales, large-scale management, and operations across global markets and start-ups.

Mr. Brossard oversees all regional and product operations at Rimini Street, leading the company’s growth and global expansion across all enterprise software support solutions for all vendor applications and databases including Oracle, SAP, IBM, and Microsoft.

Prior to joining Rimini Street, Mr. Brossard served as EVP and GM of Rackspace’s Global Solutions and Services where he had P&L responsibility for all products, solutions, and services. Previously, he was EVP and Managing Director, Enterprise, and Mid-Market at Earthlink where he had end-to-end P&L responsibility for the $400 million Enterprise and Mid-Market Business Unit.

Earlier in his career, Mr. Brossard spent 24 years with Hewlett-Packard where he held various executive positions in France and then in the United States. His last role at HP was head of Strategy, Planning and Operations for HP’s $3 billion software business and GM and CEO of Rich Media Management Software and Solutions.

Mr. Brossard holds a Bachelor of Science degree in Mathematics and Physics from Externat Sainte Marie de Lyon, France, and a Master’s degree in Computer Science from Universite Claude Bernard in Lyon, France.

What is Gerard Brossard's net worth?: The estimated net worth of Gerard Brossard is at least $350,134.40 as of June 3rd, 2022. Mr. Brossard owns 125,048 shares of Rimini Street stock worth more than $350,134 as of April 26th. This net worth approximation does not reflect any other investments that Mr. Brossard may own. Learn More about Gerard Brossard's net worth.
How do I contact Gerard Brossard?: The corporate mailing address for Mr. Brossard and other Rimini Street executives is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. Rimini Street can also be reached via phone at (702) 839-9671 and via email at [email protected]. Learn More on Gerard Brossard's contact information.
Has Gerard Brossard been buying or selling shares of Rimini Street?: Gerard Brossard has not been actively trading shares of Rimini Street during the last ninety days. Most recently, Gerard Brossard sold 23,696 shares of the business's stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $6.62, for a transaction totalling $156,867.52. Following the completion of the sale, the chief operating officer now directly owns 125,048 shares of the company's stock, valued at $827,817.76. Learn More on Gerard Brossard's trading history.
Who are Rimini Street's active insiders?: Rimini Street's insider roster includes Gerard Brossard (COO), Sebastian Grady (President), Stanley Mbugua (CAO), Michael Perica (CFO), Seth Ravin (CEO), David Rowe (EVP), Steven Salaets (EVP), Brian Slepko (EVP), and Daniel Winslow (EVP). Learn More on Rimini Street's active insiders.
Are insiders buying or selling shares of Rimini Street?: During the last twelve months, insiders at the sold shares 19 times. They sold a total of 216,418 shares worth more than $697,152.78. The most recent insider tranaction occured on April, 8th when EVP David W Rowe sold 10,888 shares worth more than $32,446.24. Insiders at Rimini Street own 41.3% of the company. Learn More about insider trades at Rimini Street.
Information on this page was last updated on 4/8/2024.

Gerard Brossard Insider Trading History at Rimini Street

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/3/2022	Sell	23,696	$6.62	$156,867.52	125,048
11/20/2021	Sell	28,200	$6.83	$192,606.00
6/3/2021	Sell	23,054	$6.40	$147,545.60	66,666

Gerard Brossard Buying and Selling Activity at Rimini Street

Rimini Street Company Overview

Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

Today's Range

Now: $2.80

$2.79

$2.84

50 Day Range

MA: $3.06

$2.79

$3.36

2 Week Range

Now: $2.80

$2.01

$5.32

Volume

57,177 shs

Average Volume

263,425 shs

Market Capitalization

$251.72 million

P/E Ratio

9.66

Dividend Yield

N/A

Beta

1.23