Larry Rigdon - Tidewater Independent Chairman of the Board

TDW Stock  USD 52.16  1.36  2.54%   

Chairman

Mr. Larry T. Rigdon is an Independent Director of the Company. He Mr. Rigdon, who was initially appointed to serve as an independent director in connection with the Restructuring, served as our interim President and Chief Executive Officer between October 16, 2017 and March 5, 2018. He has nearly 40 years of experience in the offshore oil and gas industry. Mr. Rigdon worked as a consultant for FTI Consulting from 2015 to 2016 and for Duff and Phelps, LLC from 2010 to 2011. He served as the Chairman and Chief Executive Officer of Rigdon Marine from 2002 to 2008. Previously at Tidewater, Mr. Rigdon served as an Executive Vice President from 2000 to 2002, a Senior Vice President from 1997 to 2000, and a Vice President from 1992 to 1997. Before working at Tidewater, he served as Vice President at Zapata Gulf Marine from 1985 to 1992, and in various capacities, including Vice President of Domestic Divisions from 1983 to 1985, at Gulf Fleet Marine from 1977 to 1985. Mr. Rigdon currently serves as a director of Professional Rental Tools, LLC. He formerly served as a director of Jackson Offshore Holdings, Terresolve Technologies, Gulfmark Offshore, and Rigdon Marine. since 2019.
Age 72
Tenure 5 years
Address 842 West Sam Houston Parkway North, Houston, TX, United States, 77024
Phone713 470 5300
Webhttps://www.tdw.com

Tidewater Management Efficiency

The company has Return on Asset of 0.0845 % which means that on every $100 spent on assets, it made $0.0845 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1678 %, implying that it generated $0.1678 on every 100 dollars invested. Tidewater's management efficiency ratios could be used to measure how well Tidewater manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.05 in 2024. Return On Capital Employed is likely to climb to 0.11 in 2024. At this time, Tidewater's Asset Turnover is fairly stable compared to the past year.
Tidewater has 734.44 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. Tidewater has a current ratio of 1.84, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Tidewater to invest in growth at high rates of return.

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Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas. Tidewater operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 4400 people. Tidewater (TDW) is traded on New York Stock Exchange in USA. It is located in 842 West Sam Houston Parkway North, Houston, TX, United States, 77024 and employs 7,300 people. Tidewater is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Tidewater Leadership Team

Elected by the shareholders, the Tidewater's board of directors comprises two types of representatives: Tidewater inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tidewater. The board's role is to monitor Tidewater's management team and ensure that shareholders' interests are well served. Tidewater's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tidewater's outside directors are responsible for providing unbiased perspectives on the board's policies.
Samuel CPA, Executive CFO
Daniel JD, General VP
Larry Rigdon, Independent Chairman of the Board
Kenneth Traub, Independent Director
Jeffrey Gorski, Chief Operating Officer, Executive Vice President
Quintin Kneen, President, Chief Executive Officer, Chief Financial Officer, Director
Melissa Cougle, Independent Director
Dick Fagerstal, Independent Director
Lois Zabrocky, Independent Director
Piers Middleton, Executive Officer
David Darling, Chief Operating Officer, Executive Vice President
Darren Vorst, VP Treasurer
Robert Robotti, Independent Director
Robert Tamburrino, Director
Daniel Hudson, Executive Vice President, General Counsel, Company Secretary
West Gotcher, Vice Relations
Louis Raspino, Independent Director
Quintin CPA, CEO President
Samuel Rubio, Chief Accounting Officer, Vice President Controller
Lee Johnson, Executive Officer
Randee Day, Independent Director
Bruce Lundstrom, Chief Compliance Officer, Executive VP, General Counsel and Secretary
Darron Anderson, Independent Director

Tidewater Stock Performance Indicators

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