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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 RTTNews Staff Writer

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