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 currenlty 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 Boards of Kaupthing ehf, Verso Corporation, Midstates Petroleum, and Tanker Investments, Ltd. He formerly served as a Director on the Board of LightSquared Inc. Mr. Carr has previously, and does currently, serve on several 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 previoulsy led the boutique restructuring and advisory firm Day & Partners, LLC. Ms. Day was also a Managing Director at the Seabury Group, a transporation 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 Univeristy of Southern California and undertook graduate business studies a 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 and CEO, Global Marine Holdings LLC
and Executive Chairman, Global Marine Systems Ltd.
Mr. Dick Fagerstal serves as Chairman and 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 position of Senior Vice President, Finance & Corporate Development from 2003 to 2014 and as Vice President Finance & Treasurer from 1997 to 2003 at Secor Holdings, Inc. (NYSE: “CKH”). Mr. Fagerstal was the Executive Vice President and Chief Financial Officer and Director of Era Group Inc. (NYSE: “ERA”) from 2011 to 2012. Mr. Fagerstal was the Senior Vice President and Chief Financial Officer and Director of Chiles Offshore Inc. (AMEX: “COD”) from 1997 to 2002 and served as a banker in various positions at DnB NOR Bank ASA in New York from 1986 to 1997. Previous to that he served in the Royal Swedish Army (Special Forces) from 1979 to 1983.
Mr. Fagerstal received a Bachelor of Science in Economics from the University of Gothenburg in 1984 and a M.B.A. in Finance as a Fulbright Scholar from New York University in 1986.
- 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 position 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.
- 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, 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.
- John T. Rynd - President, CEO and Director
Mr. Rynd previously served as Chief Executive Officer and President, and as a director of Hercules Offshore from 2008 through 2016. Prior to his time with Hercules, Mr. Rynd spent 11 years with Noble Drilling Services, Inc., where he served in a variety of management roles. Earlier in his career, he served in various roles of increasing levels of responsibility with Chiles Offshore and Rowan Companies.
Mr. Rynd served as Chairman of the National Ocean Industries Association (NOIA) from 2014-15 and currently holds an Ex-Officio position on the Executive Committee. He serves on the Board of Directors of Fieldwood Holdings LLC, and was on the Board of Directors of Hornbeck Offshore, Inc. from 2011 to February 2018.