logo
Share SHARE
FONT-SIZE Plus   Neg

Tidewater CEO Dean Taylor To Retire; Jeffrey Platt Named Successor

Tidewater Inc. (TDW) said Dean Taylor, the company's President and Chief Executive Officer since March 2002, will retire as an executive officer effective May 31, 2012. Taylor will remain on the Board of Directors, and serve as Tidewater's non-executive Chairman of the Board.

Jeffrey Platt will become Tidewater's new President and Chief Executive Officer effective June 1, 2012. Platt has been Tidewater's Chief Operating Officer, overseeing Tidewater's domestic and international marine operations, since July 2006.

Platt joined Tidewater in 1996 as General Manager of its Brazilian operations following a 12-year career at Schlumberger. At Tidewater, he has continued to assume greater responsibility with assignments in Mexico, the Middle East and India, and the Americas.

Meanwhile, Jeffrey Gorski will succeed Platt as Tidewater's Executive Vice President and Chief Operating Officer. Currently, Gorski is a Senior Vice President responsible for Tidewater's operations in the United States and its engineering and technical services group. Effective June 1, 2012, Gorski will assume responsibility for worldwide operations.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
comments powered by Disqus
RELATED NEWS
Trade TDW now with 
Follow RTT