Tidewater announces members of reorganized company board of directors

By Caroline Salls

Pittsburgh, June 6 – Tidewater Inc.’s Chapter 11 plan supplement announced the names of the members of the board of directors who will serve when the company emerges from bankruptcy, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The new board members will include former Lime Rock Partners managing director and senior adviser Thomas Robert Bates Jr., Drivetrain LLC chief executive officer Alan Carr, Goldin Maritime, LLC CEO Randee Day and Golden Marine Holdings LLC chairman, CEO Dick Fagerstal, former Transocean Ltd. CEO Steven Newman and former Rigdon Marine chairman and CEO Larry Rigdon.

Tidewater CEO Jeffrey M. Platt will also serve on the board of the reorganized company.

Tidewater, a New Orleans-based provider of offshore service vessels to the energy industry, filed for bankruptcy on May 17 in the U.S. Bankruptcy Court for the District of Delaware under Chapter 11 case number 17-11132.

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