TETRA Technologies Announces Leadership Transition: CFO Retirement and Succession Planning

TETRA Technologies, Inc. Announces CFO Transition

On October 27, 2025, TETRA Technologies, Inc., a public company listed on the NYSE under the ticker TTI, made significant announcements regarding its leadership structure. Elijio Serrano, the current Senior Vice-President and Chief Financial Officer, has officially notified the board of his intent to retire on March 31, 2026. Additionally, the company is set to appoint Matt Sanderson as Serrano's successor, reinforcing its succession planning strategy.

Elijio Serrano has played an instrumental role in TETRA’s growth and transformation during his tenure. As a veteran of the company, he has guided it through various challenges, including the significant impacts of the COVID-19 pandemic in 2020. Brady Murphy, the CEO and President of TETRA, expressed his gratitude for Serrano's valuable contributions and emphasized the importance of his role in developing the company’s ONE TETRA 2030 strategy, which was recently showcased at the NYSE Investor Day in New York City. Murphy stated, “Thanks to Elijio’s leadership, TETRA is well-positioned for future opportunities.”

Even after his retirement, Serrano will remain affiliated with the company as an advisor to Murphy. This on-going connection will ensure the continuity of leadership during the transition.

In preparation for this leadership change, Matt Sanderson has been serving as the Executive Vice-President and Chief Commercial Officer since joining TETRA in 2016. His extensive background, including 19 years at SLB where he excelled in the energy sector, positions him well to assume the role of Chief Financial Officer. Sanderson has already demonstrated his capability in advancing TETRA’s operational performance, particularly in the water management and flowback and completion fluids segments.

As Sanderson prepares to take on his new responsibilities, both executives are committed to meeting the company’s ongoing goals and objectives under the ONE TETRA initiative. They will continue to collaborate closely until the official transition, ensuring that TETRA maintains its operational momentum.

About TETRA Technologies, Inc.

TETRA Technologies, founded with an emphasis on environmentally sustainable solutions, operates across all six continents and specializes in energy services and solutions. The conglomerate's portfolio encompasses Energy Services, Industrial Chemicals, and Critical Minerals. This diverse range allows TETRA to cater not only to the oil and gas industry but also to expand into low-carbon energy markets, providing innovative chemistry solutions and strategic mineral resources in response to the growing demand for sustainable energy. TETRA is committed to improving the quality of life for people globally through its environmentally conscious practices. For more information, visit www.onetetra.com or follow them on LinkedIn.

This leadership transition comes at a pivotal moment as TETRA aims to solidify its position as a leader in the energy sector while navigating the complexities of a rapidly changing market. The company’s dedication to succession planning reflects a proactive approach to ensuring stability and continued innovation within its workforce.