Posted on July 1, 2024
Tidewater Announces Retirement of President & CEO Todd Busch; Johan Sperling Named Successor
Tidewater announces the retirement of President and CEO Todd Busch, effective June 30, after four and a half years of exemplary leadership and service. Todd has been instrumental in driving significant changes within the organization, including building a new leadership team, fostering an inclusive and positive company culture, revitalizing customer relationships, and navigating the challenges of the pandemic and a change in company ownership.
Joining Tidewater at a critical juncture, Todd has led the company with dedication and vision, steering it through a significant evolution that has enhanced its capabilities and set the state for future growth. One of Todd’s key contributions was bringing Johan Sperling on board as the Chief Operating Officer on September 1, 2020. Johan has since played a vital role, together with the rest of the leadership team, in executing Todd’s strategic initiatives and operational improvements.
With Todd’s retirement, we are pleased to announce that Johan Sperling will step into the role of President & CEO on July 1. Johan brings a wealth of experience and a steadfast commitment to advancing the transformation path set by Todd. His leadership will be crucial in driving Tidewater’s mission forward, ensuring stability, growth, and a continued commitment to excellence and innovation.
“Todd’s leadership has been nothing short of remarkable,” said Johan Sperling. “His vision and dedication have set a strong foundation for Tidewater’s future. I am honored to have the opportunity to build on his legacy and lead Tidewater into its next chapter.”
Todd will remain an advisor to Tidewater and will join the board of directors. We express our sincere appreciation to Todd Busch for his unwavering dedication and valuable contributions to Tidewater and wish him the very best in his retirement. We look forward to an exciting future under Johan Sperling’s capable leadership.
