Plains All American Pipeline, L.P. and Plains GP Holdings Report Director Changes
January 09 2015 - 12:55PM
Business Wire
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP
Holdings (NYSE: PAGP) today announced that Bernard (Ben) Figlock
has been appointed to serve as a director of their respective
general partners, Plains All American GP LLC and Plains GP Holdings
LLC. Mr. Figlock has been appointed by an affiliate of Occidental
Petroleum Corporation (“Occidental”) to serve as its designated
representative on each board, replacing Vicky Sutil. Ms. Sutil
recently accepted a position with California Resources Corporation,
a former subsidiary of Occidental.
“We are pleased to welcome Ben to our boards and look forward to
working with him,” said Greg L. Armstrong, Chairman of the Board
and CEO of PAA and PAGP. “We would also like to thank Vicky for her
more than six years of board service at PAA as well as her service
as a director at PAGP.”
Mr. Figlock currently serves as Vice President and Treasurer at
Occidental, where he directs and oversees management of
Occidental’s treasury and risk management functions including
finance, investments, insurance and operational risk, commodities
trading credit and market risk, and currencies. Mr. Figlock joined
Occidental in 1987, advancing to positions of increasing
responsibility in Internal Audit, Corporate Finance Planning &
Analysis, Corporate Development, and Treasury.
Mr. Figlock holds a B.S. in Accounting from Wake Forest
University and an M.B.A. from Loyola Marymount University.
Plains All American Pipeline, L.P. is a publicly traded master
limited partnership that owns and operates midstream energy
infrastructure and provides logistics services for crude oil,
natural gas liquids ("NGL"), natural gas and refined products. PAA
owns an extensive network of pipeline transportation, terminalling,
storage and gathering assets in key crude oil and NGL producing
basins and transportation corridors and at major market hubs in the
United States and Canada. On average, PAA handles over 3.9 million
barrels per day of crude oil and NGL on its pipelines. PAA is
headquartered in Houston, Texas.
Plains GP Holdings is a publicly traded entity that owns an
interest in the general partner and incentive distribution rights
of Plains All American Pipeline, L.P., one of the largest energy
infrastructure and logistics companies in North America. PAGP is
headquartered in Houston, Texas.
Plains All American Pipeline, L.P. and Plains GP HoldingsRyan
Smith, (866) 809-1291Director, Investor RelationsorAl Swanson,
(800) 564-3036Executive Vice President, CFO
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