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Stock impact report

Plains All American Provides Details on Management Succession Plan and Transition Process

Plains GP Holdings, L.P. - Class A Shares representing limited partner interests (PAGP) 
Last plains gp holdings, l.p. - class a shares representing limited partner interests earnings: 2/4 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.pagp.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings (NYSE: PAGP) today provided details regarding its management succession plan and transition process. Greg Armstrong has informed the Board of Directors of his plans to retire as Chief Executive Officer (CEO) at the end of 2018. Under the plan approved by Plains’ Board, Willie Chiang, PAA’s current Executive Vice President and Chief Operating Officer – U.S., will become CEO upon Armstrong’s retirement and Armstrong will continue as non-executive Chairman of the Board of Directors through December 2019, at which time he will retire from the Board. Harry Pefanis will continue as President and a Director. Armstrong has been with PAA and its predecessor organizations since 1981. “It has been an honor and a privilege to work at Plains for over 36 years and to serve the last 25 years as CEO,” Armstrong said. “PAA Show less Read more
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