RigNet Names Tonya McDermott Vice President of Tax
Houston, TX - January 27, 2011 - RigNet, Inc. (NASDAQ: RNET), a leading global provider of managed communications solutions for the oil and gas industry, has named Tonya McDermott to the position of vice president of Tax, announced Marty Jimmerson, RigNet's chief financial officer.
"This appointment is in recognition of Tonya's excellent contributions toward and leadership over RigNet's tax compliance. Additionally, she was invaluable during RigNet's public offering and continues to be a valued member of the RigNet team," said Jimmerson. He further added, "we look forward to her continued involvement in RigNet's growth as a public company."
Ms. McDermott manages RigNet's tax function, including global tax compliance, income tax accounting, and strategic planning and restructuring. She most recently was director of Tax at W-H Energy Services, an oilfield services company based in Houston with multi-national operations. Prior to that, she was a partner with a local private firm and a tax manager with Arthur Andersen. A registered CPA, she has an M.S. in Tax from Texas A&M University and a B.B.A. in Accounting from The University of Texas at Arlington.
Addressing the communications challenges faced by oil and gas companies today in remote locations, RigNet uses the leading remote communications and IP networking technologies to provide high-quality solutions for broadband data, voice and video communications, as well as real-time data management. RigNet's turnkey solution includes installation, management and support for its customers' communications systems without requiring them to invest in and manage expensive telecommunications equipment. This allows RigNet's customers to enjoy high-quality, state-of-the-art communications services without the high costs and risks associated with an internal solution.
About RigNet, Inc.
RigNet (NASDAQ: RNET) is a leading global provider of managed communications, networks and collaborative applications dedicated to the oil and gas industry. RigNet provides solutions ranging from fully-managed 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 visit http://www.rig.net/