Three Executive Promotions Made By Tidewater Marine— Allgood Named President

Tidewater Inc. has announced a major realignment in the executive staff of Tidewater Marine Service, Inc., the oldest and largest of the company's enterprises serving the energy industry. Sam S. Allgood has been elected president of Tidewater Marine, with responsibility for worldwide marine operations. He replaces William E. Bright Sr., who is retiring following the completion of 20 years' service.

Ray J. Hope has been named a senior executive vice president of Tidewater Marine and president of Tidex International, a foreign vessel operating affiliate. He will have responsibility for all foreign Marine operations, except Canada, and marine joint venture activities. He will also continue supervision of Indonesian oil operations.

William R. Croyle has also been elected a senior executive vice president of Tidewater Marine and president of Tidewater Contractor Services, Inc. He will be responsible for the company's domestic marine and Canadian operations, in addition to the specialized domestic contracting services and demolition operations.

Announcement of the election of the three new officers was made by John P. Laborde, Tidewater Inc. chairman, president, and chief executive officer, who said that additional organization changes in the sales, engineering, and maintenance departments of Tidewater Marine will be announced as part of a reorganization plan.

Mr. Allgood joined Tidewater Marine as a vice president in 1968, following extensive service as vice president and manager of sales and operations with Twenty Grand Marine Service, Inc., which merged with Tidewater in 1968. Mr. Hope joined Tidewater in 1969 as manager of joint ventures following 22 years' service as marine manager with Ray Geophysical Co., Houston.

He was elected vice president in charge of joint ventures for Tidewater in 1971, and later served as vice president in charge of Far East and Middle East operation. He was promoted to the position of senior vice president in 1976.

Mr. Croyle served first with Tidewater Marine's Pacific Coast operations, and later was transferred to Morgan City, La., where he was named president of Tidex, Inc., a domestic vessel operating affiliate of Tidewater Marine, and served as area manager for the U.S. Gulf and East Coasts. He later was named president of Tidex International, Inc., with responsibility for Europe and Africa marine operations in addition to domestic operations.

Maritime Reporter Magazine, page 31,  Mar 15, 1981 United States Navy

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