---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-364099"
form_type: "8-K"
ticker: "TRGP"
cik: "0001389170"
company_name: "Targa Resources Corp."
filed_at: "2026-08-25T11:00:06+00:00"
generated_at: "2026-08-25T11:05:40.238056+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Targa appoints new CFO and President – Logistics; CFO Byers to retire Sept 1

## Summary
- Brent B. Secrest appointed President – Logistics and Transportation, effective Sept 1, 2026; previously EVP at Enterprise Products.
- Benjamin J. Branstetter, current President – Logistics, becomes CFO and principal financial officer, effective Sept 1, 2026.
- William A. Byers to retire as CFO Sept 1, 2026; remains non-executive through Dec 31, 2026.
- Branstetter gets base salary $600,000 and LTIP of 400% of base salary for 2027.
- Byers' separation: base salary through transition, 2024 RSU/PSU and 2025 RSU vest, 2025 PSU and 2026 awards forfeited.

## SEC filing metadata
- accession: 0001193125-26-364099
- form_type: 8-K
- ticker: TRGP
- cik: 0001389170
- company_name: Targa Resources Corp.
- filed_at: 2026-08-25T11:00:06+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389170/000119312526364099/0001193125-26-364099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389170/000119312526364099/d135085d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-364099
- JSON: https://secwatch.observer/filing/0001193125-26-364099.json
- Plain text: https://secwatch.observer/filing/0001193125-26-364099.txt

## Key facts
- Executive change
  William A. Byers departed as Chief Financial Officer at Targa Resources Corp..
  - Action: retire
  - Role: Chief Financial Officer
  source text: On August 19, 2026, William A. Byers informed the Company of his intent to retire from his position as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312526364099/0001193125-26-364099-index.htm
- Executive change
  Benjamin J. Branstetter was appointed as Chief Financial Officer at Targa Resources Corp..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On August 20, 2026, the Board of the Company approved the appointment of Benjamin J. Branstetter, the Company’s current President – Logistics and Transportation, to serve as the Company’s Chief Financial Officer and principal financial officer, succeeding William A. Byers, effective as of September 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312526364099/0001193125-26-364099-index.htm
- Executive change
  Brent B. Secrest was appointed as President – Logistics and Transportation at Targa Resources Corp..
  - Action: appointed
  - Role: President – Logistics and Transportation
  source text: On August 20, 2026, the Board of Directors (the “ Board ”) of Targa Resources Corp. (the “ Company ”) appointed Brent B. Secrest to serve as the Company’s President – Logistics and Transportation, effective as of September 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389170/000119312526364099/0001193125-26-364099-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.