Katy, Texas, United States
I'm a global business president managing $150MM P&L with over 350 employees and business operations in Americas, Europe, Africa, Middle East and Asia. My team delivers mission critical communications that keep the world's offshore and onshore drilling rigs, FPSOs, fixed platforms, and OSVs connected and supported to enable 24/7/365 operations. I'm a complex problem-solver driving operating and financial performance, championing technology, and putting customers first to drive digital transformation efforts. My 35 year career has spanned operations, finance, M&A, organization design and integration, investor relations, and strategic planning across multiple industries including satellite communications, offshore drilling, and upstream oil and gas. I believe great communications keep an organization aligned on delivering goals, from the board level to field.
Assisting with transition activities following integration of Viasat's Energy Services and Maritime business units.
Following the successful acquisition of RigNet by Viasat on April 30, 2021, I assumed the role of President, Viasat Energy Services, managing RigNet's core global Managed Communications Services and Systems Integrations businesses. Energy Services is part of the Viasat's Commercial organization. My role includes management of a fully-burdened P&L, driving technology adoption within Energy to support our customers' digital transformation journeys, leading and developing people, and divesting non-core parts of the business.
RigNet is a leading global provider of secure satellite communications and software applications, including real-time machine learning, primarily serving the energy industry. Reporting the CEO, responsibilities included: o Providing leadership of 60-person+ global Accounting, Tax, Treasury, Budgeting and Planning, and HR organizations. o Leading diligence efforts that resulted in Viasat’s acquisition of RigNet in 2021 (pending close); planning for post-close integration. o Partnering with Sales Team to evaluate bid and pricing strategy for new and renewal business. o Driving cost savings across the organization to maintain gross and EBITDA margins; implementing more than $15 MM of cost savings in response to COVID-19 and oil industry decline. o Managing bank relationships within revolving credit facility group, leading the extension of current ~$120 MM facility. o Implementing and maintaining integrated long-range financial model. o Implementing global HRIS system to serve growing base of more than 650 employees. o Developing and delivering messaging to institutional and individual shareholders
Served on the National board of directors from 2014-2019 to set and evaluate strategy and execution for the Investor Relations industry's premier professional organization. Have served on various committees, including Audit, Communications, Executive. Chairing the Professional Development Committee in 2017. Chairman of the board 2018. Immediate past chair 2019. Served as co-chair of the 2016 NIRI Annual Conference.
Responsible for Accounting, Tax, Treasury, Internal Audit, Budgeting and Planning, Investor Relations, and IT organizations. With interim CEO, led management team in development of plan of reorganization and negotiation with creditor groups to ultimately reach consensual agreement to restructure. Supervised creation of short and long-term budgets and drove performance throughout the organization to achieve. Executed plan of reorganization working with external legal and financial advisors to advance approval of US chapter 11 and UK Administration. With CEO, led turn-around and streamlining efforts following emergence from bankruptcy. Key participant in negotiation of sale of company to Borr Drilling, closed March 29, 2018.
Paragon was a spin-off from Noble Corporation. Reported to CEO as part of the senior executive team. Main responsibilities include: o Developed and managed all external communications as the company went into and is preparing to emerge from a pre-packaged Chapter 11 filing. Created and implemented strategy to keep employees informed and engaged during the process. o Prepared shareholder activism defense and successfully prevented escalation of activist involvement. o Secured initial analyst coverage following spin-off in a difficult market environment. o Managed all analyst and media contact including earnings calls, conference appearances, and executive interviews. o Negotiated sales of retired assets to other drilling contractors or to ensure environmentally responsible scrapping. o Evaluated acquisition opportunities.
Newly created position at the Company in May 2011 based in Geneva, Switzerland. Responsible for development and articulation of corporate strategy in conjunction with CEO and his direct reports. Also involved in new business analysis as well as M&A identification and evaluation. Developed and analyzed set of strategic opportunities with a focus on maximizing shareholder value; ultimately led to spin-off of Paragon Offshore.
Responsible for both Investor Relations and Strategic Planning reporting to the Chief Financial Officer. Worked directly with CEO, CFO, and other members of financial and operational senior management to rebuild the Investor Relations program, monitor and address shareholder issues and trends and develop and perform analysis to assist with long-term strategy. Interacted with board of directors to relay competitive intelligence and marketplace information.