Louis Raspino - Tidewater Independent Director

TDW Stock  USD 42.91  0.58  1.37%   

Director

Mr. Louis A. Raspino Jr. serves as Independent Director of the Company. Mr. Raspinos career has spanned almost 40 years in the energy industry, most recently as Chairman of Clarion Offshore Partners, a partnership with Blackstone that served as its platform for pursuing worldwide investments in the offshore oil gas services sector, from October 2015 until October 2017. Mr. Raspino served as President, Chief Executive Officer and a director of Pride International, Inc. from June 2005 until the company merged with Ensco plc in May 2011 and as its Executive Vice President and Chief Financial Officer from December 2003 until June 2005. From July 2001 until December 2003, he served as Senior Vice President, Finance and Chief Financial Officer of Grant Prideco, Inc. and from February 1999 until March 2001, he served as Vice President of Finance at Halliburton. Prior to joining Haliburton, Mr. Raspino served as Senior Vice President at Burlington Resources, Inc. from October 1997 until July 1998. From 1978 until its merger with Burlington Resources, Inc. in 1997, he held a variety of positions at Louisiana Land and Exploration Company, most recently as Senior Vice President, Finance and Administration and Chief Financial Officer. Mr. Raspino previously served as a director of Chesapeake Energy Corporation and chairman of its audit committee from March 2013 until March 2016, and as a director of DresserRand Group, Inc., where he served as chairman of the compensation committee and member of the audit committee, from December 2005 until its merger into Siemens in June 2015. He has served as a director of Forum Energy Technologies, an NYSElisted global oilfield products company, since January 2012 and currently serves as the chairman of its compensation committee. Mr. Raspino also currently serves on the board of The American Bureau of Shipping, where he is a member of the audit and compensation committees. since 2018.
Age 68
Tenure 7 years
Phone713 470 5300
Webhttps://www.tdw.com

Tidewater Management Efficiency

The company has Return on Asset of 0.0893 % which means that on every $100 spent on assets, it made $0.0893 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1669 %, implying that it generated $0.1669 on every 100 dollars invested. Tidewater's management efficiency ratios could be used to measure how well Tidewater manages its routine affairs as well as how well it operates its assets and liabilities.
Tidewater has 637.1 M in debt with debt to equity (D/E) ratio of 0.2, which may show that the company is not taking advantage of profits from borrowing. Tidewater has a current ratio of 1.84, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Tidewater to invest in growth at high rates of return.

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Tidewater Inc., together with its subsidiaries, provides offshore marine support and transportation services to the offshore energy industry through the operation of a fleet of marine service vessels worldwide. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas. Tidewater operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 4400 people. Tidewater (TDW) is traded on New York Stock Exchange in USA. It is located in 842 West Sam Houston Parkway North, Houston, TX, United States, 77024 and employs 7,700 people. Tidewater is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Tidewater Leadership Team

Elected by the shareholders, the Tidewater's board of directors comprises two types of representatives: Tidewater inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tidewater. The board's role is to monitor Tidewater's management team and ensure that shareholders' interests are well served. Tidewater's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tidewater's outside directors are responsible for providing unbiased perspectives on the board's policies.
Larry Rigdon, Independent Chairman of the Board
Kenneth Traub, Independent Director
Lisa Ortega, Vice Resources
Geoff Youngs, Vice Controller
Dick Fagerstal, Independent Director
Darren Vorst, VP Treasurer
Daniel Hudson, Executive Vice President, General Counsel, Company Secretary
Randee Day, Independent Director
Darron Anderson, Independent Director
Samuel CPA, Executive CFO
Daniel JD, General VP
Jeffrey Gorski, Chief Operating Officer, Executive Vice President
Quintin Kneen, President, Chief Executive Officer, Chief Financial Officer, Director
Melissa Cougle, Independent Director
Lois Zabrocky, Independent Director
Piers Middleton, Executive Officer
David Darling, Chief Operating Officer, Executive Vice President
Robert Robotti, Independent Director
Robert Tamburrino, Director
West Gotcher, Corporate Strategy
Louis Raspino, Independent Director
Quintin CPA, CEO President
Samuel Rubio, Chief Accounting Officer, Vice President Controller
Lee Johnson, Executive Officer
Bruce Lundstrom, Chief Compliance Officer, Executive VP, General Counsel and Secretary

Tidewater Stock Performance Indicators

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