Filing Summary
Company: Plains All American Pipeline, L.P. (PAA). Filing: Form 8-K reporting an executive leadership change. The report identifies September 25, 2026 as the date of the earliest event; the announcement was made September 29, 2026.
Leadership Change
Dean Liollio was appointed Executive Vice President and Chief Operating Officer of the general partners of PAA and Plains GP Holdings, L.P., effective October 2, 2026. Chris Chandler, the prior EVP and COO, gave notice on September 25 that he would resign effective October 2 to pursue other interests. The filing states that his resignation was not due to any disagreement concerning the companies’ operations, policies, or practices.
Liollio most recently served as Senior Vice President, Special Projects, beginning in June 2024. He previously held leadership roles at Plains, including president of Plains Midstream Canada, PAA Natural Gas Storage, and Plains Gas Solutions.
Compensation and Financial Information
Liollio’s disclosed compensation includes a $625,000 annual base salary, an annual bonus target equal to 150% of base salary, and a time-based promotional award of 150,000 phantom units vesting in August 2029. This 8-K does not report revenue, earnings, cash flow, margins, debt, liquidity, or other operating results; no comparable-period financial metrics or financial outlook are provided.
Investor Facts to Verify
- Confirm the October 2, 2026 effective date for both Chandler’s resignation and Liollio’s appointment.
- Review the company’s subsequent filings and disclosures for any further leadership or compensation updates.
- Consult the referenced September 29 press release and the company’s proxy statement for additional context on the appointment and executive compensation program.