Heidrick Lands CFO for RigNet

December 23, 2015 – Heidrick & Struggles has placed Charles E. Schneider as senior vice president and chief financial officer of RigNet, Inc. He will be based in Houston and succeeds Marty Jimmerson, who is leaving the post later this month.

Mr. Schneider most recently served as VP and CFO for the engineering & construction (Americas division) at KBR, Inc. In addition to his role in KBR’s largest business unit, previous roles at the company have included VP of finance and treasurer, VP corporate development, and interim CFO. His professional career includes experience in commercial banking, project finance, corporate finance and M&A.

“We look forward to Chip serving as our next CFO, leading our accounting, treasury, tax, audit, financial planning, investor relations and supply chain functions,” said Mark Slaughter, president and CEO. “Chip’s prior experience positions him well to assume the finance helm at RigNet, working closely with senior management, the audit committee and the board of directors.”

Houston-based RigNet is a global provider of digital technology solutions to the oil and gas industry, focusing on serving offshore and onshore drilling rigs, energy production facilities and energy maritime vessels. It provides solutions ranging from fully-managed voice and data networks to more advanced applications that include video conferencing and real-time data services to over 1,100 remote sites in 50 countries on six continents.

London: Global Crossroads for Talent Acquisition
“London’s power-base status is threatened by a diminishing supply of professional business talent. We look at why this is happening and offer up some surprising predictions.” — Scott A. Scanlon, London Global Crossroads Report Editor-in-Chief

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Heidrick & Struggles has recently strengthened its oil, gas and power expertise in the firm’s global industrial practice with the addition of David Pruner. Based in Houston, he joined Heidrick from Wood Mackenzie, a global research and strategic advisory firm specializing in the energy, chemicals, metals and mining industries.

A recent report issued by ManpowerGroup, ‘Strategies to Fuel the Energy Workforce,’ found that 58 percent of energy executives said they struggle to find the talent they need and 74 percent believe the problem will worsen over the next five years.

The study also found that the talent shortage may already be slowing growth and expansion throughout the sector. By some estimates, there will be three million energy sector jobs by 2020. In the utilities subsector, where half of the workforce is already over the age of 40 — 100,000 net new jobs are projected. Many of the positions will require tech-savvy candidates to keep pace with future developments.

Others, however, believe there is a glut of talent about to hit the market, as the global energy sector scales back due to lack of demand for oil and plummeting prices for gasoline.

Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media

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