Business Context and Reporting Period
This Form 8-K is a current report filed by Plains GP Holdings, L.P. (PAGP) on June 1, 2026. The filing addresses corporate governance changes, specifically the departure of a senior officer and the appointment of a successor within the company's general partner structure.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and contains no financial performance data.
Material Changes
The primary material change reported is the upcoming leadership transition in the finance and accounting function:
- Departure: Chris Herbold, Senior Vice President, Finance and Chief Accounting Officer, is retiring effective August 31, 2026.
- Appointment: Russ Montgomery is promoted to Vice President, Accounting and Chief Accounting Officer, effective September 1, 2026.
Guidance, Outlook, and Management Commentary
The filing contains no financial guidance, outlook, or management commentary regarding future performance. It details the professional background of the incoming officer, noting that Mr. Montgomery has served with the company since 2002, holding various accounting roles including Vice President, Controller since 2019.
Investor Verification Checklist
- Confirm the effective dates for the retirement of Chris Herbold (August 31, 2026) and the promotion of Russ Montgomery (September 1, 2026).
- Verify the specific scope of responsibilities for the new Chief Accounting Officer role within both Plains All American GP LLC and PAA GP Holdings LLC.
- Review subsequent filings for any interim financial reporting impacts during the transition period.