Tidewater Board of Directors
- Thomas Robert Bates, Jr. - Chairman of the Board, Member of the Compensation Committee & member of Nominating & Corporate Governance Committee
Former Managing Director & Senior Advisor, Lime Rock Partners
Dr. Thomas Robert Bates, Jr. has 40 years of experience in oil service management and operations, and energy private equity. Dr. Bates served as a Managing Director and Senior Advisor at Lime Rock Partners from 2002 to 2012. He also served as Senior Vice President and Discovery Group President at Baker Hughes Incorporated from 1998 to 2000, and as the Chief Executive Officer of Weatherford Enterra, Inc. from June 1997 to May 1998. Dr. Bates began his career with Shell Oil Company and was responsible for aspects of drilling research and drilling operations.
Dr. Bates has been an Adjunct Professor at the Neeley School of Business at Texas Christian University since January 2011 and currently serves as the Co-Chair of the Advisory Board for the Energy MBA Program.
Dr. Bates also serves as a Director on the Boards of Alacer Gold Corp. and TETRA Technologies, Inc. and serves as the Chairman and Director of Vantage Drilling International and Independence Contract Drilling. Dr. Bates previously served as the Chairman and Director of Hercules Offshore.
Dr. Bates holds a B.S.E., M.S.E., and PhD. degree in Mechanical Engineering from the University of Michigan.
- Alan J. Carr - Chairman of Nominating & Corporate Governance Committee & Member of Compensation Committee
CEO, Drivetrain LLC
Mr. Alan Carr has served as the Chief Executive Officer of Drivetrain LLC since 2013. He previously served as a Managing Director at Strategic Value Partners from 2003 to 2013. Mr. Carr was also a corporate restructuring attorney at Skadden, Arps, Slate, Meager & Flom from 1997 to 2003 and at Ravin, Sarasohn, Baumgarten, Fisch & Rosen from 1995 to 1997.
He currently serves as a Director on the following Public company boards: Verso Corporation and Sears Holdings Corporation. Mr. Carr has previously, and does currently, serve on several other boards of directors in diverse industries and throughout the world.
Mr. Carr received a Bachelor of Arts in Economics from Brandeis University in 1992 and Juris Doctorate from Tulane Law School in 1995.
- Randee E. Day - Member of Audit Committee & Nominating & Corporate Governance Committee
Ms. Randee Day is the Chief Executive Officer of Goldin Maritime, LLC, where she also leads the maritime and offshore practice area. She previously led the boutique restructuring and advisory firm Day & Partners, LLC. Ms. Day was also a Managing Director at the Seabury Group, a transportation advisory firm, where she led the Maritime practice. She also was the Division Head of JP Morgan’s shipping group in New York.
Ms. Day currently serves as a Director on the Board of Eagle Bulk Inc. In 2016 she joined the board of International Seaways, Inc. and in 2011 she served as the interim Chief Executive Officer of DHT, Maritime, Inc. Ms. Day has also served on the Boards of numerous public companies, including TBS International Ltd., Ocean Rig ASA, DHT Maritime Inc. and Excel Maritime.
Ms. Day is a graduate of the School of International Relations at the University of Southern California and undertook graduate business studies at the George Washington University in Washington, D.C. In December 2014 she graduated from the Senior Executives in National and International Security Program at the Kennedy School at Harvard University.
- Dick Fagerstal - Chairman of Audit Committee
Chairman & CEO, Global Marine Holdings LLC
and Executive Chairman, Global Marine Systems Ltd.
Mr. Dick Fagerstal serves as Chairman & Chief Executive Officer of Global Marine Holdings LLC and Executive Chairman of Global Marine Systems Ltd. since 2014.
He served as an independent Director of the Board of Frontier Oil Corporation, Manila, Philippines from 2014 to 2017.
He previously held the positions of Senior Vice President, Finance & Corporate Development from 2003 to 2014 and Vice President Finance & Treasurer from 1997 to 2003 at SEACOR Holdings Inc. (NYSE: “CKH”). Mr. Fagerstal held the positions of Executive Vice President & Chief Financial Officer and Director of Era Group Inc. (NYSE: “ERA”) from 2011 to 2012 and was the Senior Vice President & Chief Financial Officer and Director of Chiles Offshore Inc. (AMEX: “COD”) from 1997 to 2002. Prior to that he served as a senior banker at DNB ASA in New York from 1986 to 1997. Prior to his business career he served as an officer in the Special Air Service unit of the Swedish Defense Forces from 1979 to 1983.
Mr. Fagerstal received a Bachelor of Science in Economics from the University of Gothenburg in 1984 and a MBA in Finance, as a Fulbright Scholar, from New York University in 1986.
- Quintin V. Kneen - President, CEO and Director
Mr. Kneen served as Executive Vice President and Chief Financial Officer at Tidewater since November 2018 following its acquisition of GulfMark Offshore where he served as President and Chief Executive Officer since June 2013. Mr. Kneen joined GulfMark in June 2008 as the Vice President – Finance and was named Senior Vice President – Finance and Administration in December 2008. He was subsequently appointed as the Company’s Executive Vice President and Chief Financial Officer in June 2009 where he worked until his appointment as Chief Executive Officer. Previously, he was Vice President-Finance & Investor Relations for Grant Prideco, Inc., serving in executive finance positions at Grant Prideco since June 2003. Prior to joining Grant Prideco, Mr. Kneen held executive finance positions at Azurix Corp. and was an Audit Manager with the Houston office of Price Waterhouse LLP. He holds an M.B.A. from Rice University and a B.B.A. in Accounting from Texas A&M University, and is a Certified Public Accountant and a Chartered Financial Analyst.
- Steven L. Newman - Chairman of Compensation Committee & Member of Audit Committee
Former CEO and President, Transocean Ltd.
Mr. Steven Newman served as the Chief Executive Officer at Transocean Ltd. from March 2010 to February 2015 and as President from May 2008 to February 2015. He served as the Chief Operating Officer of Transocean Ltd. from May 2008 to November 2009 and held various other positions with Transocean beginning in 1994. Prior to working with Transocean, he served as a Financial Analyst at Chevron from 1992 to 1994, and was a Reservoir Engineer with Mobil E&P, US from 1989 to 1990.
Mr. Newman has served as a Director of Dril-Quip, Inc. since August 2015 and a Director of SNC-Lavalin Group Inc. since November 2015. He also previously served as a Director of Transocean Ltd., from May 2010 to February 2015 and a Director of Bumi Armada Berhad from 2015 to 2017.
Mr. Newman received a Bachelor of Science in Petroleum Engineering from the Colorado School of Mines in 1989 and a MBA from the Harvard University Graduate School of Business in 1992.
- Louis Raspino - Member of Audit Committee
Mr. Raspino’s career has spanned almost 40 years in the energy industry most recently as Chairman of the Board of Directors of GulfMark Offshore. Prior to merging with Ensco plc, he served as President and CEO and Director of Pride International, one of the world’s largest oil and gas drilling and service companies conducting business in over 30 countries with 14,000 employees representing over 50 nationalities. He began his career spending 20 years in the international oil and gas exploration and production business with the Louisiana Land & Exploration Company, where he served as Chief Financial Officer and member of the Office of the Chairman. Following the merger of LLE into Burlington Resources, Mr. Raspino served as Vice President of Finance with Halliburton, a Fortune 100 company, and then Chief Financial Officer of Grant Prideco, the world’s largest manufacturer of premium drill pipe. He began his career as a CPA with Ernst & Young serving clients in the Exploration and Production and Energy Services industries.
Since leaving Pride International, Mr. Raspino has been an active board member serving on such boards as the Dresser Rand Corporation and Chesapeake Energy Corporation, where he served as Chairman of the Audit Committee. He currently serves on the board of directors of Forum Energy Technologies where he serves on the Compensation, Governance and Nominating Committee.
Mr. Raspino earned his Bachelor of Arts degree from Louisiana State University, New Orleans and his MBA from Loyola University.
- Larry T. Rigdon - Former Interim President, CEO and Director
Mr. Larry Rigdon has nearly 40 years of experience in the offshore oil and gas industry. He served as the Chairman and Chief Executive Officer of Rigdon Marine from 2002 to 2008. Previously, he served in several officer roles at Tidewater Inc., Zapata Gulf Marine and Gulf Marine Fleet from 1992 to 2002, 1985 to 1992, and 1977 to 1985. Mr. Rigdon has also worked as a consultant for FTI Consulting from 2015 to 2016 and Duff and Phelps, LLC from 2010 to 2011.
Mr. Rigdon currently serves as Director on the Board of Professional Rental Tools, LLC. He formerly served as a Director on the Boards of Jackson Offshore Holdings, Terresolve Technologies, GulfMark Offshore, and Rigdon Marine. He received his Bachelor of Science from Truman State University in 1970 and completed the Advanced Management Program at Harvard University in 1998.
- Robert P. Tamburrino - Director
Mr. Robert Tamburrino served as an Operating Partner for affiliates of Q Investments, L.P. from 2006 through 2016 and served as the Chief Restructuring Officer and member of the Office of Chief Executive at Vantage Drilling International in 2016. Since 2016, Mr. Tamburrino has served in advisory and consulting roles in the energy sector. He previously served as the Chief Financial Officer of Milgard Manufacturing, a Masco company, Chief Financial Officer and Chief Operating Officer at Werner Holding Co. and financial roles for Usinor subsidiaries from 1991 through 1998. He held financial and Chief Executive Officer positions with Rome Cable Corp. from 1984 to 1990, was employed by KPMG Peat Marwick from 1978 to 1984 and became a certified public accountant.
He currently serves as a director and chair of the finance committee for the Board of Directors of Basset Health Care Network and recently served on the boards of directors of Singer Company and Alloy Die Casting.
Mr. Tamburrino received a Bachelor of Science in Accounting and Finance from Clarkson University in 1977 and a Master of Business Administration from Columbia University in 1998.
- Kenneth Traub - Director & Member Nominating & Corporate Governance Committee
Mr. Traub recently served as a Managing Partner of Raging Capital Management, a diversified investment firm since December 2015. Mr. Traub currently serves on the boards of directors of the following public companies in the Raging Capital portfolio: (i) as Chairman of the Board of DSP Group, Inc. (NASDAQ: DSPG), a leading supplier of wireless chipset solutions for converged communications, (ii) as Chairman of the Board of Intermolecular, Inc. (NASDAQ: IMI), an innovator in materials sciences and (iii) Immersion Corporation (NASDAQ: IMMR), a leading innovator in haptics technologies.
He previously served on the boards of directors of (i) Phoenix Technologies, Inc., a supplier of the basic input output system for the personal computer industry, from 2009 until the company was sold in 2010, (ii) iPass, Inc., a provider of mobility services for Enterprises and Carriers, from 2009 to 2013, (iii) MIPS Technologies, Inc., a provider of industry standard processor architectures and cores, from 2011 until the company was sold in 2013, (iv) Xyratex Limited, a leading supplier of data storage technologies, from 2013 until the company was sold in 2014, (v) Vitesse Semiconductor Corporation, a supplier of integrated circuit solutions for next-generation carrier and enterprise networks, from 2013 until the company was sold in 2015, (vi) Athersys, Inc., a biotechnology company engaged in the discovery and development of therapeutic product candidates from 2012 to 2016, (vii) A. M. Castle & Co., a specialty metals distribution company from 2014 to 2016, (viii) as Chairman of the Board of MRV Communications, Inc., a supplier of communication networking equipment from 2011 until the company was sold in 2017 and IDW Media Holdings, a diversified media company, from 2016 to 2018. He also served as the Chairman of the Board of the New Jersey chapter of the Young Presidents Organization in 2010 and 2011 and on the board of the New Jersey chapter of the World Presidents Organization since 2012.
From 2009 through 2015, Mr. Traub was President and Chief Executive Officer of Ethos Management LLC. From 1999 until its acquisition by JDS Uniphase Corp. (“JDSU”) in 2008, Mr. Traub served as President and Chief Executive Officer of American Bank Note Holographics, Inc. (“ABNH”), a leading global supplier of optical security devices for the protection of documents and products against counterfeiting. Following the sale of ABNH, he served as Vice President of JDSU, a global leader in optical technologies and telecommunications.
In 1994, Mr. Traub co-founded Voxware, Inc., a pioneer in voice over Internet protocol communication technologies, and served as its Executive Vice President and Chief Financial Officer through 1998. From 1988 to 1994, he served as Vice President of Trans-Resources, Inc., a multi-national holding company and investment manager.
Mr. Traub received a BA from Emory College and an MBA from Harvard Business School.