Plains All American Pipeline, L.P. and Plains GP Holdings Announce Several Officer Promotions and an Officer Retirement
July 13 2015 - 9:16AM
Business Wire
Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP
Holdings (NYSE: PAGP) today announced several executive promotions
at PAA. John Keffer and Sam Brown have each been promoted to the
positions of Senior Vice President, and Jeremy Goebel and James
Pinchback have each been promoted to the positions of Vice
President.
“I am very pleased to announce these well-deserved promotions.
These are all very talented and driven professionals that have each
contributed significantly to PAA’s success and overall growth,”
said Greg L. Armstrong, Chairman and CEO. “In addition to
recognizing their significant contributions and strong leadership
capabilities, these promotions also set the stage for advancement
of other leaders throughout our organization consistent with our
established management development and succession plans.”
John R. Keffer, Senior Vice President, joined PAA in 1998 and
has served in a number of positions of increasing responsibility
including Managing Director – Refinery Supply, Director of Trading
and Manager of Sales and Trading. Most recently, Mr. Keffer served
as Vice President Terminals, with primary responsibility for
managing the commercial operations in our crude and products
terminals.
Sam N. Brown, Senior Vice President, joined PAA in 2009 as Vice
President, Pipeline Business Development, with primary
responsibility for the commercial activities for all crude oil and
refined product pipelines in the U.S.
Jeremy L. Goebel, Vice President Acquisitions and Strategic
Planning. Since joining PAA as Managing Director of Acquisitions at
the beginning of 2013, Mr. Goebel has been purposefully rotating
through various parts of the company and served in a variety of
roles, most recently being involved simultaneously in PAA’s
fundamentals area and crude oil lease group.
James H. Pinchback, Vice President – Pipeline Business
Development joined PAA in 2006 and has taken on increasing levels
of responsibilities within the Pipeline Business Development area,
most recently as Managing Director – Pipeline Business
Development.
Armstrong stated that these promotions are effective immediately
and that additional promotions and changes in reporting
responsibilities were anticipated over the next 12 to 18 months as
various plans are implemented that are designed to accommodate
recent and expected growth as well as our established management
development and succession plans.
Armstrong also noted that John Rutherford was stepping down as
Executive Vice President. “John recently informed us of his desire
to retire to pursue personal interests. John will be missed as we
hold him in very high regard and have worked closely with him for
over 15 years, both as a PAA colleague and as an advisor before
that. We thank him for his significant contributions to the company
and wish him well in his new endeavors,” said Armstrong. To ensure
a smooth transition, Mr. Rutherford will serve as an advisor and
consultant to the CEO and President for the next several
months.
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 4.2 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150713005691/en/
Plains All American Pipeline, L.P. and Plains GP HoldingsRyan
Smith, 866- 809-1291Director, Investor Relations
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