Bishop L. Todd Budge was named First Counselor in the Presiding Bishopric on November 14, 2025. Bishop Budge was sustained as a General Authority Seventy on April 6, 2019, and served in that capacity until his call as Second Counselor in the Presiding Bishopric in October 2020.
Bishop Budge has served in a number of Church callings, including full-time missionary in the Japan Fukuoka Mission, elders quorum president, stake executive secretary, counselor in a bishopric, bishop, stake president, president of the Japan Tokyo Mission, and Area Seventy.
Bishop Budge received a bachelor of arts degree in economics from Brigham Young University in 1984. He worked for Bain & Company Japan, Citibank N.A., and GE Capital in both Atlanta and Japan. In 2003 he became president and chief executive officer of Tokyo Star Bank Limited. From 2008 to 2011 he served as chairman of the board. He retired from the bank in 2011. During this time, he also served as a member of the board of directors for Hawaiian Airlines.
Lawrence Todd Budge was born in Pittsburg, California, on December 29, 1959. He married Lori Capener in 1981. They are the parents of six children.