RigNet,Inc. (NASDAQ:RNET) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December21, 2017, RigNet, Inc. (the “Company”) issued a press release announcing that Charles “Chip” Schneider, Senior Vice President and Chief Financial Officer, will be leaving the Company as of December27, 2017, to pursue other opportunities. In connection with Mr.Schneider’s departure, he will receive the compensation and benefits provided for in the amendment to his employment letter dated April20, 2016 and filed as Exhibit10.2 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on April25, 2016, and incorporated herein by reference.
| Item 5.02. | Regulation FD Disclosure. |
A copy of the press release issued by the Company announcing the departure of Mr.Schneider is attached as Exhibit 99.1 to this Current Report on Form8-K.
| Item 5.02. | Financial Statements and Exhibits. |
(d) Exhibits.
The following exhibits are furnished with this report:
RigNet, Inc. ExhibitEX-99.1 2 d451501dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 December 21,…To view the full exhibit click here
About RigNet,Inc. (NASDAQ:RNET)
RigNet, Inc. (RigNet) is a provider of digital technology solutions to the oil and gas industry. The Company provides managed remote communications, managed services and collaborative applications, focusing on offshore and onshore drilling rigs, energy production facilities, and energy maritime. The Company operates through three segments: Eastern Hemisphere, Western Hemisphere and RigNet Systems Integration and Automation. The Company’s Eastern Hemisphere segment provides remote communications services for customers and rig sites located on the eastern side of the Atlantic Ocean. The Company’s Western Hemisphere segment provides remote communications services for onshore and offshore customers and rig sites located on the western side of the Atlantic Ocean. The Company’s RigNet Systems Integration and Automation segment designs, assembles, installs and commissions solutions for customer telecommunications systems.
