Business
Tidewater Midstream and Tidewater Renewables Name Jeremy Baines CEO; Update from Tidewater Renewables
Tidewater Midstream and Tidewater Renewables Name Jeremy Baines CEO; Update from Tidewater Renewa...
About this update from Tidewater Midstream & Infrastructure Ltd.
[{"type":"text","content":"\n \n \n \n Tidewater Midstream and Tidewater Renewables Name Jeremy Baines CEO; Update from Tidewater Renewables\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 Jan. 22, 2024\n \n \n /CNW/ - Tidewater Midstream and Infrastructure Ltd. (\"Tidewater Midstream\") (TSX: TWM) and Tidewater Renewables Ltd. (\"Tidewater Renewables\") (TSX: LCFS) Boards of Directors have jointly announced the appointment of\n \n Jeremy Baines\n \n as the Chief Executive Officer and to the Boards of both companies, effective immediately. The Board of Tidewater Midstream also announces\n \n Aaron Ames\n \n as interim Chief Financial Officer for Tidewater Midstream, also effective immediately. This has followed the departure of\n \n Robert Colcleugh\n \n from the management teams of Tidewater Midstream and Tidewater Renewables and from the board of Tidewater Renewables.\n \n \n With over 27 years of midstream and infrastructure business experience, and a strong background in operations, finance, and corporate development, Mr. Baines brings a deep understanding of the business and industry. Under his leadership, Tidewater Midstream remains committed to building a profitable, diversified midstream and infrastructure company, and Tidewater Renewables will continue to focus on delivering on its commitment to being a leader in the North American energy transition.\n \n \n \"As a result of his specific industry experience and significant operational expertise, Mr. Baines is ideally suited to lead the Tidewater team,\" said\n \n Thomas Dea\n \n , Chairman of the Board of Tidewater Midstream. \"We are entering a new phase focused on operations, cash flow, prudent capital allocation, and return on capital, with safety remaining at the top of our list.\"\n \n \n \"With construction and operations being at the forefront of our business needs, we believe Mr. Baines' valuable operational and industry experience is well-suited for Tidewater Renewables.  Under Mr. Baines, the org...