Business Context and Reporting Period
This Form 8-K is a current report filed by Plains All American Pipeline, L.P. (PAA) on June 1, 2026. The filing addresses corporate governance changes under Item 5.02 regarding the departure of certain officers and the appointment of new leadership within the company and its general partner, Plains All American GP LLC.
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 disclosed is the upcoming leadership transition in the finance and accounting function:
- Retirement: Chris Herbold, Senior Vice President, Finance and Chief Accounting Officer, is retiring effective August 31, 2026.
- Promotion: 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 business performance. The document details the professional background of the incoming officer, noting that Mr. Montgomery has served with PAA 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 scope of Mr. Montgomery's new responsibilities as Chief Accounting Officer for both PAA and Plains GP Holdings, L.P. (PAGP).
- Review subsequent filings for any interim financial reporting arrangements during the transition period.