On November 14, 2017, GulfMark successfully completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11 of the U.S. Bankruptcy Code with a strengthened balance sheet and solid liquidity.
As part of GulfMark’s court-approved Plan of Reorganization, the Company also announced additional appointments to its board of directors including: Louis A. Raspino, Jr., Chairman, Eugene Davis, Domenic DiPiero, Scott McCarty, Krishna Shivram and Kenneth Traub. Quintin V. Kneen, the Company's President and Chief Executive Officer, will continue to serve as a director.
GulfMark’s CEO, Quintin Kneen, thanks the company’s 1,070 employees and many stakeholders for their tremendous effort and support during the reorganization process.
GulfMark Offshore Successfully Completes Restructuring Plan and Emerges from Chapter 11
November 15, 2017 (PDF)
GulfMark Offshore Announces Confirmation of Plan of Reorganization
October 5, 2017 (PDF)
GulfMark Offshore Commences Chapter 11 Proceedings
May 17, 2017 (PDF)
Executive Vice President and
Chief Financial Officer, GulfMark
Teneo Strategy for GulfMark Offshore
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