On this page of StockholderLetter.com we present the latest annual shareholder letter from TIDEWATER INC — ticker symbol TDW. Reading current and past TDW letters to shareholders can bring important insights into the investment thesis.
2025 ANNUAL REPORT
Governance
Board of Directors
Corporate Officers
Dick H. Fagerstal
Quintin V. Kneen
President and Chief Executive Officer
Sam R. Rubio
Executive Vice President and Chief
Financial Officer
Daniel A. Hudson
Executive Vice President, Chief Legal
Officer and Corporate Secretary
Piers Middleton
Executive Vice President and
Chief Operating Officer
Lee Johnson
Executive Vice President and
Chief Information Officer
West Gotcher
Senior Vice President, Strategy,
Corporate Development and Investor
Relations
Darron M. Anderson
Melissa L. Cougle
Chairman of the Board
Compensation & Human Capital Committee
Nominating & Corporate Governance Committee
Audit Committee
Safety & Sustainability Committee
Audit Committee*
Safety & Sustainability Committee
Quintin V. Kneen
President, Chief Executive Officer and Director
Louis A. Raspino
Audit Committee
Compensation & Human Capital Committee*
Robert E. Robotti
Audit Committee
Nominating & Corporate Governance Committee
Kenneth H. Traub
Lisa Ortega
Compensation & Human Capital Committee
Nominating & Corporate Governance Committee*
Lois K. Zabrocky
Compensation & Human Capital Committee
Safety & Sustainability Committee*
* Chairperson
Senior Vice President, Human
Resources
Blake Lovelace
Vice President, Finance
Darren J. Vorst
Vice President, Treasurer
Geoff Youngs
Vice President, Controller
Vision
Tidewater will be the global leader
in the offshore industry by providing,
in the most cost-efficient manner
possible, unmatched support and
exceptional local service to our
customers, utilizing the safest, most
highly skilled workforce.
Mission
Tidewater is dedicated to supporting our
customers globally with the highest level of
service using our best assets: our people and
our vessels.
We will deliver these services with the highest
level of operational performance to include
safety for our people, compliance with all
laws and regulations, and respect for the
environment and local communities in which we
work.
We are committed to providing these services
in an honest, cost-efficient, profitable and
transparent manner for all stakeholders
including employees, customers, capital
sources, vendors and local communities.
 • shareholder letter icon 4/28/2026 Letter Continued (Full PDF)
 • stockholder letter icon 5/1/2023 TDW Stockholder Letter
 • stockholder letter icon 4/26/2024 TDW Stockholder Letter
 • stockholder letter icon 4/24/2025 TDW Stockholder Letter
 • stockholder letter icon More "Oil & Gas Equipment & Services" Category Stockholder Letters
 • Benford's Law Stocks icon TDW Benford's Law Stock Score = 70


TDW Shareholder/Stockholder Letter Transcript:

2025 ANNUAL REPORT

Governance
Board of Directors
Corporate Officers
Dick H. Fagerstal
Quintin V. Kneen
President and Chief Executive Officer
Sam R. Rubio
Executive Vice President and Chief
Financial Officer
Daniel A. Hudson
Executive Vice President, Chief Legal
Officer and Corporate Secretary
Piers Middleton
Executive Vice President and
Chief Operating Officer
Lee Johnson
Executive Vice President and
Chief Information Officer
West Gotcher
Senior Vice President, Strategy,
Corporate Development and Investor
Relations
Darron M. Anderson
Melissa L. Cougle
Chairman of the Board
Compensation & Human Capital Committee
Nominating & Corporate Governance Committee
Audit Committee
Safety & Sustainability Committee
Audit Committee*
Safety & Sustainability Committee
Quintin V. Kneen
President, Chief Executive Officer and Director
Louis A. Raspino
Audit Committee
Compensation & Human Capital Committee*
Robert E. Robotti
Audit Committee
Nominating & Corporate Governance Committee
Kenneth H. Traub
Lisa Ortega
Compensation & Human Capital Committee
Nominating & Corporate Governance Committee*
Lois K. Zabrocky
Compensation & Human Capital Committee
Safety & Sustainability Committee*
* Chairperson
Senior Vice President, Human
Resources
Blake Lovelace
Vice President, Finance
Darren J. Vorst
Vice President, Treasurer
Geoff Youngs
Vice President, Controller

Vision
Tidewater will be the global leader
in the offshore industry by providing,
in the most cost-efficient manner
possible, unmatched support and
exceptional local service to our
customers, utilizing the safest, most
highly skilled workforce.

Mission
Tidewater is dedicated to supporting our
customers globally with the highest level of
service using our best assets: our people and
our vessels.
We will deliver these services with the highest
level of operational performance to include
safety for our people, compliance with all
laws and regulations, and respect for the
environment and local communities in which we
work.
We are committed to providing these services
in an honest, cost-efficient, profitable and
transparent manner for all stakeholders
including employees, customers, capital
sources, vendors and local communities.



shareholder letter icon 4/28/2026 Letter Continued (Full PDF)
 

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