Plains GP Holdings Management
Management criteria checks 2/4
Plains GP Holdings' CEO is Willie Chiang, appointed in Oct 2018, has a tenure of 8.67 years. total yearly compensation is $8.51M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €6.86M. The average tenure of the management team and the board of directors is 6.6 years and 8.7 years respectively.
Key information
Willie Chiang
Chief executive officer
US$8.5m
Total compensation
| CEO salary percentage | 9.84% |
| CEO tenure | 7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.6yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | -US$28m |
| Mar 31 2025 | n/a | n/a | US$19m |
| Dec 31 2024 | US$9m | US$838k | US$103m |
| Sep 30 2024 | n/a | n/a | US$124m |
| Jun 30 2024 | n/a | n/a | US$120m |
| Mar 31 2024 | n/a | n/a | US$161m |
| Dec 31 2023 | US$7m | US$800k | US$198m |
| Sep 30 2023 | n/a | n/a | US$190m |
| Jun 30 2023 | n/a | n/a | US$232m |
| Mar 31 2023 | n/a | n/a | US$215m |
| Dec 31 2022 | US$8m | US$750k | US$168m |
| Sep 30 2022 | n/a | n/a | US$208m |
| Jun 30 2022 | n/a | n/a | US$112m |
| Mar 31 2022 | n/a | n/a | US$12m |
| Dec 31 2021 | US$4m | US$600k | US$60m |
| Sep 30 2021 | n/a | n/a | -US$44m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | US$83m |
| Dec 31 2020 | US$4m | US$600k | -US$568m |
| Sep 30 2020 | n/a | n/a | -US$500m |
| Jun 30 2020 | n/a | n/a | -US$447m |
| Mar 31 2020 | n/a | n/a | -US$397m |
| Dec 31 2019 | US$4m | US$600k | US$331m |
Compensation vs Market: Willie's total compensation ($USD8.51M) is above average for companies of similar size in the German market ($USD2.01M).
Compensation vs Earnings: Willie's compensation has increased whilst the company is unprofitable.
CEO
Willie Chiang (64 yo)
Mr. Wilfred C.W. Chiang, also known as Willie, is President of Plains All American Pipeline, L.P. from June 1, 2025. He serves as Chief Executive Officer of PAA GP Holdings LLC, a General Partner of Plains...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO of PAA GP Holdings LLC | 7yrs | US$8.51m | 0.19% € 6.9m | |
| Executive VP & CFO of PAA GP Holdings LLC | 12.3yrs | US$3.13m | 0.68% € 24.5m | |
| Executive VP & COO of PAA GP Holdings LLC | 6.6yrs | US$3.81m | no data | |
| Executive VP | 12.3yrs | US$3.08m | no data | |
| Senior Advisor to CEO & Director of PAA GP Holdings LLC | less than a year | US$2.03m | 0.56% € 20.1m | |
| Executive VP & Chief Commercial Officer of PAA GP Holdings LLC | 6.6yrs | US$3.81m | 0.00066% € 23.7k | |
| Senior VP of Finance & Chief Accounting Officer of PAA GP Holdings LLC | 12.3yrs | no data | no data | |
| Vice President of Investor Relations of PAA GP Holdings LLC | no data | no data | no data | |
| Director of Communications for PAA GP Holdings LLC | no data | no data | no data | |
| Vice President of Human Resources of PAA GP Holdings LLC | no data | no data | no data | |
| Senior Vice President of Operations of PAA GP Holdings LLC | 2.8yrs | no data | no data | |
| Senior Vice President of Special Projects of PAA GP Holdings LLC | 1.2yrs | no data | no data |
Experienced Management: PG81's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO of PAA GP Holdings LLC | 8.7yrs | US$8.51m | 0.19% € 6.9m | |
| Senior Advisor to CEO & Director of PAA GP Holdings LLC | 8.7yrs | US$2.03m | 0.56% € 20.1m | |
| Independent Director | 11.8yrs | US$311.50k | 0.037% € 1.3m | |
| Director of PAA GP Holdings LLC | 12.8yrs | US$312.22k | 0.89% € 32.0m | |
| Independent Director of PAA GP Holdings LLC | 3.2yrs | US$272.75k | 0.019% € 672.4k | |
| Independent Director of PAA GP Holdings LLC | 8.9yrs | US$257.75k | 0.034% € 1.2m | |
| Lead Independent Director of PAA GP Holdings LLC | 12yrs | US$276.50k | 0.16% € 5.7m | |
| Independent Director of PAA GP Holdings LLC | 5yrs | US$257.75k | 0.075% € 2.7m | |
| Independent Director of PAA GP Holdings LLC | 6.8yrs | US$272.75k | 0.041% € 1.5m | |
| Independent Director of PAA GP Holdings LLC | 11.8yrs | US$287.75k | 0.022% € 778.1k | |
| Independent Director of PAA GP Holdings LLC | 5.8yrs | US$291.50k | 0.044% € 1.6m |
Experienced Board: PG81's board of directors are considered experienced (8.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/05 01:18 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Plains GP Holdings, L.P. is covered by 36 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Theresa Chen | Barclays |
| Richard Gross | Barclays |