Plains All American Pipeline, L.P Announces Executive Promotion
November 26, 2019 at 04:30 pm EST
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Plains All American Pipeline, L.P. announced the following officer promotions in connection with the continued development of its 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. Sharon Spurlin has been critical in driving the company'sdeleveraging plan, advancing the company's financial flexibility and maintaining relationships with the company'scredit 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.
Plains All American Pipeline, L.P. is a midstream service provider in North America. The Company owns a network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and natural gas liquids (NGL) producing basins (including the Permian Basin) and transportation corridors and at major market hubs in the United States and Canada. It has two segments: Crude Oil and Natural Gas Liquids (NGL). Its Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines, gathering systems, trucks and at times on barges or railcars, in addition to providing terminalling, storage and other facilities-related services utilizing its integrated assets across the United States and Canada. Its NGL segment operations involve natural gas processing and NGL fractionation, storage, transportation and terminalling. NGL segment is involved in gathering, fractionation, storage, and/or terminalling services to third-party customers.