Chairman of the Board of Tidewater Inc
Tidewater is the leading provider of larger Offshore Service Vessels to the global energy industry.
Larry Rigdon is the Lead Director for Jackson Offshore that was founded in May 2011 following his resignation as a Director at GulfMark Offshore in 2010. Jackson Offshore is engaged in offshore marine support services to the offshore oil and gas business. Mr. Rigdon jointed the GulfMark Board in 2008 following the sale of his business, Rigdon Marine Corporation, to the GulfMark that provides marine services to companies engaged in offshore oil and natural gas. Mr. Rigdon founded Rigdon Marine in late 2002 and served as its Chairman and CEO. He arranged $205,000,000 in financing to design and build 20 platform supply vessels and 8 fast supply vessels and crew boats. Rigdon Marine Corporation achieved revenues of $94.3 million and EBITDA of $49.0 million and income after tax of $13.8 million for the fiscal year ended June 30, 2008. At that date, the Company had a shore based staff of 30 personnel and 280 mariners. The equity interests in the company were sold on July 1, 2008 for $275 million and GulfMark assumed $269 million in debt of Rigdon Marine Corporation. Mr. Rigdon was an Executive Vice President at Tidewater Inc. through 2002. He is also a Director for Professional Rental Tools, Inc,, Advisor and Member of the Investment Committee at Mensura Capital, LLC, a part of the Investment Committee at SLC Capital Partner, L.P. and previously served as a Director GulfMark Offshore Inc., Terresolve Technologies, Inc., Offshore Inland Marine Services Inc., the National Ocean Industries Association.
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