Mark Slaughter, RigNet's chief executive officer and
president said, "Hector Maytorena is an energetic,
customer-focused
leader in our industry. Working with Hector over the past
four years at RigNet, I am confident of his commitment to
service the needs of our customers and also to maintain focus
on enhancing RigNet's market position, revenue growth
and stockholder value. Hector is ready for this next
challenge. While I am excited about Hector's new role, I
also want to thank Lars for his many contributions to RigNet
over almost a decade of service. We all wish the best to Lars
as he transitions out of the Company to pursue other
endeavors."
Maytorena has a long history within the remote communications
industry, holding various general management, sales,
marketing, and business development leadership roles with
increasing responsibility at RigNet and at Stratos Global
Corporation (now part of Inmarsat Solutions). Prior to
managing the Western Hemisphere at RigNet, he was
RigNet's vice president, Global Sales & Marketing. Prior
to joining RigNet, he served as general manager of Southeast
Texas and as director of U.S. Sales for United
Technologies' UTC Fire & Security unit (operating under
the Chubb Security and Redhawk brands). Maytorena completed
United Technologies' Executive Program at the University
of Virginia's Darden Graduate Scho
of Business and has attended an executive education course in
Emerging Growth Companies at Stanford University's
Graduate
School of Business.
Maytorena said, "RigNet is a growing remote
communications company with a strong client base. I look
forward to continuing our progress as I assume my new role
and expanded responsibilities. RigNet has a strong management
team and an employee base totally dedicated to serving our
oil and gas customers, giving us high hopes for 2012 and
beyond."
RigNet (NASDAQ: RNET) is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry, focusing on offshore and onshore drilling rigs, offshore production facilities and energy maritime vessels. RigNet provides solutions ranging from full-ymanaged voice and data networks to more advanced applications that include video conferencing and real-time data services to remote sites in over 30 countries on six continents, effectively spanning the drilling and production industry. RigNet is based in Houston, Texas. For more information, please v www.rig.net. RigNet is a registered trademark of RigNet, Inc.
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