leadership
confidence high
sentiment neutral
materiality 0.35
Plains names Dean Liollio EVP and COO effective Oct 2; Chris Chandler resigns to pursue other interests
PLAINS GP HOLDINGS LP
- Dean Liollio, 67, appointed Executive Vice President and Chief Operating Officer of Plains All American (PAA) and Plains GP Holdings (PAGP), effective October 2, 2026.
- Incumbent EVP/COO Chris Chandler gave notice September 25, 2026 and resigns effective October 2, 2026 to pursue other interests, not due to any disagreement over operations, policies or practices.
- Liollio's annual base salary will be $625,000, with a 150% bonus target and a time-based promotional LTIP grant of 150,000 phantom units vesting in August 2029.
- Liollio was SVP, Special Projects since June 2024; previously President of Plains Midstream Canada (2020-2024) and President of PAA Natural Gas Storage (2008-2020).
- CEO Willie Chiang said Liollio has been on the executive committee and was instrumental in executing recent initiatives; thanked Chandler for his contributions.