March 01, 2015 2:47 PM ET

Energy Equipment and Services

Company Overview of RigNet, Inc.

Company Overview

RigNet, Inc. provides network infrastructure services for the remote communications needs of the oil and gas industry. The company operates through three segments: Americas, Europe/Africa, and Middle East/Asia Pacific. It offers remote communications services through a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network, enabling drilling contractors, oil companies, and oilfield service companies to communicate. The company offers a communications package of voice, data, video, networking, and real-time data management to offshore and land-based remote locations. It primarily provides voice-over-Internet-protocol, data, and high-speed Internet acce...

1880 South Dairy Ashford

Suite 300

Houston, TX 77077

United States

Founded in 2000

481 Employees





Key Executives for RigNet, Inc.

Chief Executive Officer, President and Director
Age: 56
Total Annual Compensation: $365.4K
Chief Financial Officer, Principal Accounting Officer and Senior Vice President
Age: 51
Total Annual Compensation: $276.3K
Senior Vice President, General Counsel and Corporate Secretary
Age: 60
Total Annual Compensation: $273.0K
Group Vice President of Managed Services
Age: 53
Total Annual Compensation: $204.5K
Compensation as of Fiscal Year 2013.

RigNet, Inc. Key Developments

RigNet, Inc. Announces Resource Reallocation Plan

RigNet, Inc. announced that it is implementing a plan to shift resources from its U.S. land rig communications business and certain back office support functions to expand its global sales team and boost its business development and global expansion initiatives. This shifting of resources provides a better alignment with the current business environment and improves positioning for future growth.

RigNet, Inc. Announces Executive Changes

As part of this restructuring, RigNet, Inc. has consolidated the leadership of its Eastern and Western Hemisphere operations into a single leadership position. Hector Maytorena, who currently serves the company as its Group Vice President, Easter Hemisphere and previously served the company as its Vice President & General Manager, Western Hemisphere, has been named to the new position of Group Vice President, Managed Services. James Crenshaw, who has been serving the company as Group Vice President, Western Hemisphere, has left the company, effective February 18, 2015.

RigNet Names Greg Burns as VP of Human Resources

RigNet, Inc. announced that Greg Burns has joined the Company in the position of vice president, human resources. In this role, Burns will oversee the Company's global human resources efforts that include building, maintaining and engaging the industry's best employee base. Most recently, he served as vice president, human resources for MicroSeismic.

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