Plains All American Pipeline, L.P.

NasdaqGS:PAA Stock Report

Market Cap: US$12.0b

Plains All American Pipeline Management

Management criteria checks 3/4

Plains All American Pipeline's CEO is Willie Chiang, appointed in Oct 2018, has a tenure of 5.42 years. total yearly compensation is $8.30M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth $10.14M. The average tenure of the management team and the board of directors is 8.1 years and 7.2 years respectively.

Key information

Willie Chiang

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage9.0%
CEO tenure5.4yrs
CEO ownership0.08%
Management average tenure8.1yrs
Board average tenure7.2yrs

Recent management updates

Recent updates

Plains All American: A Solid 8% Distribution Play

Mar 17

Plains All American Pipeline's Units Likely Continue Increasing In Value During 2024

Feb 29

Plains All American: 8% Yield And Growth In The Permian Can Take Shares Higher

Jan 12

Plains All American Pipeline declares $0.2175 dividend

Oct 10

Plains All American Pipeline: Good Yield But Don't Bet On Growth

Sep 23

Plains All American's Growth Story Intact, For Now

Sep 17

Being Paid While Skating Along With Plains All American Pipeline

Jul 16

Plains All American Pipeline declares $0.2175 dividend

Jul 08

Insider Weekends: Kevin McCarthy Purchases $2 Million Worth Of Plains All American

Jun 26

Plains All American Pipeline: Management May Be Too Optimistic But A 7.6% Yield Isn't Bad

Jun 14

Plains All American: Strong First-Quarter Results And Operating Momentum Make Its Discounted Units A Buy

May 12

Bracketing Returns For Plains All American Pipeline

Mar 22

Plains All American Pipeline: Earnings Show Reasonable Growth Potential For This High-Yielder

Feb 14

Plains All American Pipeline: Higher Distributions Coming In 2022, Possible 10%+ Yield

Dec 22

Plains All American Fireside Chat: Capital Allocation, Permian In Focus

Oct 06

Plains All American Pipeline Is About To Break Out

Sep 28

Plains All American: After 5 Painful Years, Distributions Have Bottomed, But Caution Is Warranted

Jun 22

Plains All American to sell natural gas storage assets to Hartree in $850M deal

Jun 08

Plains All American Pipeline Q1 2021 Earnings Preview

May 03

Plains All American - A Simple American Energy Company

Nov 30

CEO Compensation Analysis

How has Willie Chiang's remuneration changed compared to Plains All American Pipeline's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$976m

Sep 30 2023n/an/a

US$938m

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$8mUS$750k

US$831m

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$578m

Mar 31 2022n/an/a

US$159m

Dec 31 2021US$4mUS$600k

US$393m

Sep 30 2021n/an/a

-US$85m

Jun 30 2021n/an/a

US$118m

Mar 31 2021n/an/a

US$478m

Dec 31 2020US$4mUS$600k

-US$3b

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$2b

Dec 31 2019US$4mUS$600k

US$2b

Sep 30 2019n/an/a

US$3b

Jun 30 2019n/an/a

US$3b

Mar 31 2019n/an/a

US$3b

Dec 31 2018US$9mUS$450k

US$2b

Sep 30 2018n/an/a

US$1b

Jun 30 2018n/an/a

US$418m

Mar 31 2018n/an/a

US$516m

Dec 31 2017US$3mUS$325k

US$685m

Compensation vs Market: Willie's total compensation ($USD8.30M) is below average for companies of similar size in the US market ($USD12.26M).

Compensation vs Earnings: Willie's compensation has increased by more than 20% in the past year.


CEO

Willie Chiang (62 yo)

5.4yrs

Tenure

US$8,296,140

Compensation

Mr. Wilfred C.W. Chiang, also known as Willie, serves as Chief Executive Officer of PAA GP Holdings LLC, a General Partner of Plains GP Holdings, L.P. since October 2018 and also serves as its Chairman of...


Leadership Team

NamePositionTenureCompensationOwnership
Wilfred Chiang
CEO & Chairman of Plains All American GP LLC5.4yrsUS$8.30m0.085%
$ 10.1m
Harry Pefanis
President & Director of Plains All American GP LLC26.2yrsUS$2.67m0.060%
$ 7.2m
Al Swanson
Executive VP & CFO of Plains All American GP LLC15.3yrsUS$3.22m0.056%
$ 6.7m
Christopher Chandler
Executive VP & COO of Plains All American GP LLC5yrsUS$6.38m0.036%
$ 4.3m
Richard McGee
Executive VP12yrsUS$3.28m0.057%
$ 6.8m
Gregory Armstrong
Senior Advisor to the CEO & Director of Plains All American GP LLC4.2yrsUS$265.84k0.22%
$ 25.8m
Jeremy Goebel
Executive VP & Chief Commercial Officer of Plains All American GP LLC5.8yrsUS$6.38m0.040%
$ 4.8m
Chris Herbold
Senior VP of Finance & Chief Accounting Officer of Plains All American GP LLC13.6yrsno data0.020%
$ 2.4m
Alfred Lindseth
Senior Vice President of Technology20.8yrsno datano data
Blake Fernandez
Vice President of Investor Relationsno datano datano data
Roy Lamoreaux
Vice President of Communications6.9yrsno datano data
Jim Tillis
Vice President of Human Resources - Plains All American GP LLC8.1yrsno datano data

8.1yrs

Average Tenure

57yo

Average Age

Experienced Management: PAA's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wilfred Chiang
CEO & Chairman of Plains All American GP LLC7.1yrsUS$8.30m0.085%
$ 10.1m
Harry Pefanis
President & Director of Plains All American GP LLC7.1yrsUS$2.67m0.060%
$ 7.2m
Gregory Armstrong
Senior Advisor to the CEO & Director of Plains All American GP LLC26.2yrsUS$265.84k0.22%
$ 25.8m
Christopher Temple
Independent Director of Plains All American GP LLC14.8yrsUS$243.62kno data
Bobby Shackouls
Lead Independent Director of Plains All American GP LLC7.3yrsUS$292.37k0.0050%
$ 599.8k
Ellen DeSanctis
Independent Director of Plains All American GP LLC1.6yrsUS$187.73kno data
Gary Petersen
Independent Director of Plains All American GP LLC22.8yrsUS$243.62k0.0097%
$ 1.2m
John Raymond
Independent Director of Plains All American GP LLC13.3yrsUS$257.37k0.23%
$ 27.4m
Kevin McCarthy
Independent Director of Plains All American GP LLC3.4yrsUS$224.87k0.029%
$ 3.4m
Alexandra D. Pruner
Independent Director of Plains All American GP LLC5.3yrsUS$258.62kno data
Victor Burk
Independent Director of Plains All American GP LLC10.2yrsUS$273.62k0.0053%
$ 633.4k
Lawrence Ziemba
Independent Director of Plains All American GP LLC4.2yrsUS$272.37k0.00033%
$ 39.6k

7.2yrs

Average Tenure

65.5yo

Average Age

Experienced Board: PAA's board of directors are considered experienced (7.2 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.