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Plains All American Announces Officer Promotions

November 26, 2019

HOUSTON--(BUSINESS WIRE)--Nov 26, 2019--

Plains All American Pipeline, L.P. (NYSE: PAA ) and Plains GP Holdings (NYSE: PAGP ) today announced the following officer promotions in connection with the continued development of our executive team.

Sharon Spurlin, currently Vice President and Treasurer, has been promoted to Senior Vice President and Treasurer. Mark Eilerman, currently Managing Director, Lease Supply, has been promoted to Vice President, Lease Supply, and Russ Montgomery, currently Controller, has been promoted to Vice President, Controller.

“In recognition of their contributions and increased responsibilities, we are very pleased to announce the advancement of Sharon, Mark and Russ in their respective roles,” said Willie Chiang, CEO of Plains All American. “We are confident that they will continue to help us manage, grow and optimize our business to meet the needs of our customers and investors and, ultimately, continue to drive long-term value.”

Sharon Spurlin has been critical in driving our deleveraging plan, advancing our financial flexibility and maintaining relationships with our credit rating agencies. Prior to returning to Plains in 2014, Ms. Spurlin served as Senior Vice President and Chief Financial Officer for PetroLogistics, L.P. Sharon previously led Plains’ Internal Audit efforts before transitioning to the role of Assistant Treasurer. Ms. Spurlin currently serves on the Board of Directors of Smart Sand, Inc. and AdvanSix Inc.

Mark Eilerman leads Plains’ lease gathering activities in the Gulf Coast, East Texas, Mid-Continent, Rockies and West Coast regions, in addition to leading Plains’ U.S. trucking organization. Mr. Eilerman joined Plains in 2003 as a Marketing Representative, before working in the Pipeline Commercial group. Mark ultimately transitioned back to the marketing side of our business, holding roles in lease gathering and bulk sales. Prior to working at Plains, Mark worked for 12 years at Shell Trading.

Russ Montgomery has provided leadership for Plains’ U.S. accounting organization during a period of significant growth and maturation of our business, including overseeing the implementation of new accounting standards and technologies. Prior to his position as Controller, Russ served as Director, Accounting. Russ joined Plains in 2002 as a Senior Analyst in the Accounting group, working previously at Arthur Anderson.

Plains All American Pipeline, L.P. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, NGLs and natural gas. PAA owns an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and NGL producing basins and transportation corridors and at major market hubs in the United States and Canada. On average, PAA handles more than 6 million barrels per day of crude oil and NGL in its Transportation segment. PAA is headquartered in Houston, Texas. More information is available at www.plainsallamerican.com.

Plains GP Holdings is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. PAGP is headquartered in Houston, Texas. More information is available at www.plainsallamerican.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191126005837/en/

CONTACT: Brett Magill

Director, Investor Relations

(866) 809-1291

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OIL/GAS ENERGY

SOURCE: Plains All American Pipeline, L.P. and Plains GP Holdings

Copyright Business Wire 2019.

PUB: 11/26/2019 04:30 PM/DISC: 11/26/2019 04:30 PM

http://www.businesswire.com/news/home/20191126005837/en