Business
Tidewater Midstream and Tidewater Renewables Announce CEO Transition; Name Robert Colcleugh as Interim CEO
Tidewater Midstream and Tidewater Renewables Announce CEO Transition; Name Robert Colcleugh as In...
About this update from Tidewater Midstream & Infrastructure Ltd.
[{"type":"text","content":"\n \n \n \n Tidewater Midstream and Tidewater Renewables Announce CEO Transition; Name Robert Colcleugh as Interim CEO\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 28, 2022\n \n \n /CNW/ - The Boards of Directors of Tidewater Midstream and Infrastructure Ltd. (\"Tidewater Midstream\") (TSX: TWM) and Tidewater Renewables Ltd. (\"Tidewater Renewables\") (TSX: LCFS) announced today that they have appointed\n \n Robert Colcleugh\n \n as interim Chief Executive Officer of both companies, effective\n \n November 28, 2022\n \n . Mr. Colcleugh, who currently serves as a Director of Tidewater Midstream, succeeds\n \n Joel MacLeod\n \n , who is stepping down from his management and board roles to pursue other opportunities.\n \n \n Mr. Colcleugh brings significant oil and gas management expertise as well as broad business and capital markets experience to the leadership roles.\n \n Thomas Dea\n \n will serve as Chairman at Tidewater Midstream and Mr. Colcleugh will serve as Chairman of Tidewater Renewables with\n \n Brett Gellner\n \n continuing to serve as Lead Independent Director of Tidewater Renewables following Mr. Macleod's departure.\n \n \n \"The business outlook remains strong and both companies are well positioned for continued success,\" said Mr. Dea, Chairman at Tidewater Midstream. \"Under Mr. Colcleugh's leadership, the companies will continue to execute their respective business plans while ensuring they maintain a strong culture of safety, further strengthen their balance sheets, and create value for all constituents. With his significant industry experience and knowledge of the Tidewater business, we have the utmost confidence in his ability to lead the teams and generate shareholder value.\"\n \n \n \"I am proud to be leading such exceptional and dedicated teams at Tidewater Midstream and Tidewater Renewables. Their strong focus on safety, customer service and operational excellence has provided a solid foundation for our future,\" said ...