leadership
confidence high
sentiment neutral
materiality 0.55
Enterprise Products Co-CEO Jim Teague to retire Jan 2027; Fowler to become sole CEO
ENTERPRISE PRODUCTS PARTNERS L.P.
- Jim Teague intends to retire effective January 4, 2027, after 28 years at Enterprise.
- W. Randy Fowler, current Co-CEO, will succeed Teague as CEO upon his retirement.
- Upon Teague's retirement, Office of the Chairman expands to include CFO and CCO.
- Fowler has served as Co-CEO since 2020 and previously as CFO; joined Enterprise in 1999.
- Enterprise's enterprise value grew from $1.8B to ~$120B under Teague's leadership (historical).