Rigdon Joins Terresolve Board of Directors

Terresolve Technologies, Ltd. announced that Larry Rigdon, founder and former CEO of the Rigdon Marine Corporation, has joined the company’s board of directors. Rigdon, a former executive vice president of Tidewater, Inc., also sits on the board of the National Ocean Industries Association. “Larry’s very broad business experience will be a real asset to Terresolve,” said Mark Miller, the company’s CEO. “He has done some amazing things including raising significant venture capital and growing and running a business worth several hundred million dollars. His experience in the marine industry, which is one of our target markets, will prove invaluable. We are privileged to work with someone of his caliber.”

Rigdon founded the Houston-based Rigdon Marine Corporation in 2002 and served as its CEO and Chairman until retiring from the company in 2008. The company, now a subsidiary of Gulfmark Offshore, Inc., provides offshore marine services and operates deepwater platform supply, fast supply vessels, and crewboats. While at the helm of the corporation, Rigdon raised the capital to fund over 20 vessels and employed over 300 people. Prior to being sold in 2008, Rigdon Marine saw annual revenues of nearly $100 million.