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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150713005691/en/
Plains All American Pipeline, L.P. and Plains GP Holdings
Ryan
Smith, 866- 809-1291
Director, Investor Relations
