Business Context and Reporting Period
This Form 8-K filing by Sunoco LP, dated May 14, 2018, reports a change in senior management effective May 14, 2018. The filing pertains to Sunoco GP LLC, the general partner of Sunoco LP.
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 does not contain financial performance data.
Material Changes
The primary material change is the appointment of Camilla Harris as Vice President, Controller, and Principal Accounting Officer of Sunoco GP LLC. She replaces Leta G. McKinley, whose employment ended on May 11, 2018. The filing explicitly states that Ms. McKinley's departure was not due to any disagreement regarding operations, accounting practices, financial reporting, or policies.
Management Commentary and Risks
Ms. Harris brings prior experience as Assistant Controller at Energy Transfer Partners, L.P. (an affiliate), Senior Director at Match.com, and a thirteen-year tenure at PricewaterhouseCoopers. She holds a CPA license and relevant degrees from The University of Texas at Dallas. Her compensation includes salary, benefits, and participation in the Long-Term Incentive Plan. The filing confirms no undisclosed arrangements or relationships requiring disclosure under Regulation S-K.
Investor Verification Checklist
- Verify the effective date of the leadership transition (May 14, 2018).
- Confirm the professional background and qualifications of the new Principal Accounting Officer.
- Note the explicit statement that the predecessor's departure was not related to accounting or reporting disagreements.
- Review subsequent filings for the first financial report prepared under the new controller's oversight.