Business Context and Reporting Period
This Form 8-K filing by Targa Resources Corp. covers the date of March 4, 2019. The report details corporate governance changes, specifically the appointment of a new Chief Accounting Officer and the transition of the previous officer to a different role.
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
- Appointment: Julie H. Boushka was appointed Senior Vice President and Chief Accounting Officer of Targa Resources Corp. and its subsidiary, Targa Resources GP LLC, effective March 4, 2019.
- Departure/Transition: John R. Klein ceased serving as Chief Accounting Officer on March 4, 2019, and will continue as a Senior Vice President of the Company.
- Compensatory Arrangements: An indemnification agreement with Ms. Boushka, originally dated February 22, 2017, is referenced, requiring the Company to indemnify her against liabilities arising from her service.
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. The document is limited to the disclosure of officer appointments and related agreements.
Investor Verification Checklist
- Verify the effective date of Julie H. Boushka's appointment as Chief Accounting Officer (March 4, 2019).
- Confirm John R. Klein's new title as Senior Vice President following his departure from the Chief Accounting Officer role.
- Review the terms of the indemnification agreement filed as Exhibit 10.1.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial metrics.