AI brief of an SEC Form 8-K · Tidewater (TDW)

Tidewater COO David Darling to end executive officer role June 30 in succession plan

Neutral Impact 3 of 5 leadership Written later

Tidewater said Executive Vice President and Chief Operating Officer David Darling will stop serving as an executive officer effective June 30, 2025, as part of a long-term succession plan. He will provide transition services for up to 18 months but will no longer have an executive decision-making or policy-setting role. At the June 5, 2025 annual meeting, stockholders elected all eight director nominees, approved the advisory vote on executive compensation, and ratified PricewaterhouseCoopers LLP as auditor.

Key points

  • Darling, 70, ceases executive officer role effective June 30, 2025, and will support the transition for up to 18 months.
  • He will receive a monthly cash payment of $5,000 during the transition period, plus severance benefits under a agreement dated effective March 9, 2021.
  • At the June 5, 2025 annual meeting, 87.79% of the 50,853,374 shares entitled to vote were represented.
  • All eight director nominees were elected, the advisory say-on-pay vote was approved, and PricewaterhouseCoopers LLP was ratified for fiscal 2025.

The filing

CompanyTidewater (TDW)
Form8-K, current report
Filed with the SECJun 11, 2025, 5:00 PM ET
Accession number0001104659-25-058581

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.