Welcome to the 2024 Tidewater Inc. virtual annual meeting of stockholders. I would now like to turn the meeting over to Dick Fagerstal, Chairman of the Board. You may begin.
Good morning. My name is Dick Fagerstal. I am the Chairman of the Board of Tidewater Inc., and I'm delighted to welcome you to the company's 68 annual meeting of stockholders. On behalf of the board, I would like to thank you for your interest and investment in Tidewater. I hereby call the 2024 annual meeting of stockholders of Tidewater Inc. to order. Daniel Hudson, Executive Vice President, General Counsel, and Corporate Secretary, will act as secretary for the meeting. Also in attendance at this meeting is Greg Malatia, representing Broadridge Investor Communications Solutions, Inc. Mr. Malatia has been appointed by the Tidewater Board to act as the Inspector of Election at this meeting. Mr. Malatia has previously executed the customary oath of Inspector, which will be filed with the records of this meeting.
We're webcasting and recording this morning's proceedings so that we can prepare a complete transcript for stockholders unable to attend the meeting. A replay of the webcast will be available 24 hours after completion of the meeting at the web address on the annual meeting page of our website. I call your attention to the agenda and rules of conduct that were prepared for the meeting. During the formal business of the meeting, we will answer questions to a particular item of business under discussion. Please refer to the rules of conduct for instructions on submitting questions. Before proceeding to the business of the meeting, I would like to make some introductions. In attendance today are all eight of our current directors, including myself.
Our current directors are Darron Anderson, Chief Executive Officer of Stallion Oilfield Holdings, Inc.; Melissa Cougle, Chief Financial Officer of Ranger Energy Services, Inc.; Quintin Kneen, President and Chief Executive Officer of the company; Louis Raspino, current Director of Forum Energy Technologies, former Chairman of Clarion Offshore Partners, and former Chief Executive Officer, President, and Director of Pride. Robert Robotti, President of Robotti & Company Advisors, LLC, and Robotti Securities, LLC, and Managing Director of Ravenswood Management Company, LLC. Ken Traub, Managing Partner of Delta Value Group, LLC, and Managing Partner of Delta Value Advisors, LLC. Lois Zabrocky, President, Chief Executive Officer, and Director of International Seaways, Inc. And myself, Dick Fagerstal, Chairman of the Board, current Director of Valaris Limited, former Executive Chairman of Global Marine Group, and former Chairman and CEO of Global Marine Holdings, LLC.
In addition to Quintin, I'm also joined by Tidewater's other executive officers, including David Darling, Executive Vice President and Chief Operating Officer, Daniel Hudson, Executive Vice President, General Counsel, and Corporate Secretary, and Sam Rubio, Executive Vice President and Chief Financial Officer. Also joining us at today's meeting is Curt Sands of PricewaterhouseCoopers, LLP, and the company's independent registered public accounting firm. Should any stockholder desire to address any inquiries to Curt relating to the financial position of the company, he'll be happy to address your questions. I will now turn to the formal agenda of the meeting. This meeting is being held pursuant to notice mailed on or about April twenty-sixth, twenty twenty-four, to each stockholder record at the close of business on April nineteenth, twenty twenty-four. All documents concerning the call and notice of the meeting will be filed with the records of this meeting.
I've been informed that immediately prior to the commencement of the meeting, holders of more than 89.7% of the outstanding common stock of the company are present by proxy. I declare a quorum present at the meeting and declare this meeting to be duly convened for purposes of transacting such business as may properly come before it. On behalf of the board of directors of the company, we express our appreciation to all stockholders who returned their proxies. Before proceeding with the meeting, I would like to describe the voting procedure. If any stockholder has already submitted a valid proxy prior to the start of the annual meeting, your vote has been received by the company's Inspector of Elections, and there's no need to vote those shares during the annual meeting unless you wish to revoke or change your vote.
To vote during the annual meeting, you must be logged in as a stockholder using the email address you used to pre-register for this annual meeting. Election of directors. The first matter to be acted upon is the election of eight directors who are to serve until the annual meeting of the stockholders in 2025 or until their successors are duly elected and qualified. The nominees are Darron Anderson, Melissa Cougle, Dick Fagerstal, Quintin Kneen, Louis Raspino, Robert Robotti, Ken Traub, and Lois Zabrocky. Information about each of the nominees is in the proxy statement. The company has not received any notice of other nominations by a stockholder in accordance with the company's bylaws. Therefore, I declare the nominations closed. I will pause briefly to allow for any questions regarding this proposal.... Hearing no questions, I will proceed to the next item of business.
The next order of business is to approve, on a non-binding advisory basis, the compensation of our named executives as disclosed in the proxy statement. I will pause briefly to allow for any questions regarding this proposal. Hearing no questions, I will proceed to the next item of business. The next order of business is to approve, on a non-binding advisory basis, the frequency of future shareholder votes on our named executive officer compensation, as disclosed in the proxy statement, which, in accordance with the SEC rules, could be held annually every two years or every three years. I will pause briefly to allow for any questions regarding this proposal. Hearing no questions, I will proceed to the next item of business.
The next order of business is to ratify the selection of PricewaterhouseCoopers, LLP, as the independent registered public accounting firm for the company and its subsidiaries for the fiscal year ending December 31, 2024. I will pause briefly to allow for any questions regarding this proposal. Hearing no questions, I will now proceed to the next item of business. I hereby declare the polls open for voting. If you previously submitted your vote, you do not need to vote online today unless you wish to change your vote. We will take a brief pause to allow for any stockholders who wish to, wish to vote. At this time, if anyone who wishes to vote has not yet voted, please proceed to submit your vote. We have collected all proxies, and since all those desiring to submit their vote have done so, I hereby declare the polls closed.
The Inspector will count the votes. We have been informed by the Inspector of Election that the preliminary vote reports show that the proposals, as recommended by the board, passed by the required votes, and that all eight individuals standing for election as director have been elected. I hereby declare that the eight nominees for director have been duly elected. The advisory say-on-pay vote to approve the compensation paid to the named executive officers, as presented in the proxy statement, has passed. The advisory say-on-pay frequency vote to hold annual say-on-pay votes has passed, and the appointment of PricewaterhouseCoopers as the company's independent registered public accounting firm for fiscal 2024 has been duly ratified. This brings us to the conclusion of our meeting. I would like to express my appreciation again for all of you for joining us today, and I thank you for your continued support of Tidewater.
The meeting is now adjourned.
This concludes today's meeting. You may now dis-