Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Tidewater CEO Dean Taylor To Retire; Jeffrey Platt Named Successor

RELATED NEWS
Trade TDW now with 

Tidewater Inc. (TDW: Quote) 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.

Click here to receive FREE breaking news email alerts for Tidewater Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Stocks moved notably higher over the course of the trading day on Monday, extending the strong upward move seen last Friday. The gains on the day continued the recent recovery by the markets, with the Nasdaq and the S&P 500 closing higher for the third consecutive session. While Republicans have largely tried to frame the upcoming midterm elections as a referendum on President Barack Obama, Sen. Ted Cruz, R-Tex., has joined the few offering guidance on what the GOP will do if it manages to retake control of the Senate.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.