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Schilling said in a news release that it is growiny at a rate of 40 percent and rapidly expanding its customer base aroundxthe world. The Davis-based company designs and manufactures remotelyt operated vehicles that are used largely by the oil industrfor deep-ocean exploration and production. This year, Schilling Roboticsd expects record revenueof $100 That’s up from about $90 million in and $58 million in 2006. The company has two main productlines — robotic arms, and remotelhy operated vehicles to which the robotic arms are attached.
The company’s machines are operating in theNorth Sea, Gulf of Mexiclo and off the coasts of Africa, Brazil and Birmingham is a managing director of LLC, whicn provides consulting and investment bankingt services to high-technology He has also worked in legakl and executive positions with companies such as and Apples Inc. and as a partner in the international law firm of Grahamjand James. He holds a J.D. cum laude from the Law Schoo andan A.B. cum laude from . He’se also proficient in Japanese. Symonds has been chairmah of the board at private investmentfirm Ltd. sincd 1978.
His experience in the oil and gas industry willsupportf Schilling’s plan to gain market share in the subseq controls market. Symonds currently serves as a directodr at oil and gas midstreamcompanty LLC, and at oilfield supply companty LLC. Symonds previously servedf on the boardsof , , and . He has a backgrouns in both investment and commercial including stints inNew York, London, Paris and Hong He received a bachelor’s degree from and an MBA from . “Wd are very fortunate to have both Hobey and Taft on our boaredof directors,” Schilling chairman of the boared and founder Tyler Schillingb said, in a news release.
“Both gentlemen have a wealtnh of experience that is complementary toour company’sx expertise, and I look forwared to the guidance and knowledgre they will contribute to our
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