Targa Resources Corp. 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Targa Resources Corp. on December 13, 2021, reporting events occurring on December 10, 2021. The filing addresses Item 5.02 regarding the departure of a director.
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 corporate governance changes.
Material Changes
The primary material change is the retirement of James W. Whalen from the Board of Directors, effective December 10, 2021. Mr. Whalen had served as a director since October 27, 2005, and was a member of the Risk Management Committee. Consequently, the Board size is being reduced from 13 to 12 directors. The Company states there are no disagreements between Mr. Whalen and the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- James W. Whalen retired from the Board of Directors on December 10, 2021.
- The Board of Directors size is reduced from 13 to 12 members.
- Mr. Whalen served on the Risk Management Committee.
- No disagreements exist between the retiring director and the Company.