Plains All American Pipeline Management
Management criteria checks 4/4
Plains All American Pipeline's CEO is Willie Chiang, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is $7.45M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $14.34M. The average tenure of the management team and the board of directors is 8.4 years and 7.8 years respectively.
Key information
Willie Chiang
Chief executive officer
US$7.5m
Total compensation
| CEO salary percentage | 10.7% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.4yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Piping Hot Yields: Why Plains All American's Distribution Is A Bargain
Dec 15Why Plains All American Is My High Conviction Income Stock
Dec 03Plains All American Pipeline: Risky Fixed Income Play
Nov 11Financials For Plains All American Pipeline Remain Strong
Oct 11Plains All American: 7.3% Yield And 190% Dividend Coverage
Aug 11Examining Plains All American Pipeline's Financial Portrait
Jun 30Plains All American: The Dividend Story Has Strengthened After Q1 Report
Jun 18Plains All American: A Buy Despite Recent Outperformance
Apr 22Plains All American's 7.5% Yield: More Stable Than Meets The Eye
Mar 28Plains All American: A Solid 8% Distribution Play
Mar 17Plains All American Pipeline's Units Likely Continue Increasing In Value During 2024
Feb 29Plains All American: 8% Yield And Growth In The Permian Can Take Shares Higher
Jan 12Plains All American Pipeline declares $0.2175 dividend
Oct 10Plains All American Pipeline: Good Yield But Don't Bet On Growth
Sep 23Plains All American's Growth Story Intact, For Now
Sep 17Being Paid While Skating Along With Plains All American Pipeline
Jul 16Plains All American Pipeline declares $0.2175 dividend
Jul 08Insider Weekends: Kevin McCarthy Purchases $2 Million Worth Of Plains All American
Jun 26Plains All American Pipeline: Management May Be Too Optimistic But A 7.6% Yield Isn't Bad
Jun 14Plains All American: Strong First-Quarter Results And Operating Momentum Make Its Discounted Units A Buy
May 12Bracketing Returns For Plains All American Pipeline
Mar 22Plains All American Pipeline: Earnings Show Reasonable Growth Potential For This High-Yielder
Feb 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$788m |
| Jun 30 2024 | n/a | n/a | US$770m |
| Mar 31 2024 | n/a | n/a | US$818m |
| Dec 31 2023 | US$7m | US$800k | US$976m |
| Sep 30 2023 | n/a | n/a | US$938m |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$8m | US$750k | US$831m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$578m |
| Mar 31 2022 | n/a | n/a | US$159m |
| Dec 31 2021 | US$4m | US$600k | US$393m |
| Sep 30 2021 | n/a | n/a | -US$85m |
| Jun 30 2021 | n/a | n/a | US$118m |
| Mar 31 2021 | n/a | n/a | US$478m |
| Dec 31 2020 | US$4m | US$600k | -US$3b |
| Sep 30 2020 | n/a | n/a | -US$2b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$2b |
| Dec 31 2019 | US$4m | US$600k | US$2b |
| Sep 30 2019 | n/a | n/a | US$3b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$9m | US$450k | US$2b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$418m |
| Mar 31 2018 | n/a | n/a | US$516m |
| Dec 31 2017 | US$3m | US$325k | US$685m |
Compensation vs Market: Willie's total compensation ($USD7.45M) is below average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Willie's compensation has been consistent with company performance over the past year.
CEO
Willie Chiang (63 yo)
6.2yrs
Tenure
US$7,453,919
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Plains All American GP LLC | 6.2yrs | US$7.45m | 0.12% $ 14.3m | |
| President & Director of Plains All American GP LLC | 26.9yrs | US$2.05m | 0.060% $ 7.1m | |
| Executive VP & CFO of Plains All American GP LLC | 16.1yrs | US$2.90m | 0.070% $ 8.4m | |
| Executive VP & COO of Plains All American GP LLC | 5.8yrs | US$3.45m | 0.051% $ 6.0m | |
| Executive VP | 12.8yrs | US$2.90m | 0.071% $ 8.5m | |
| Senior Advisor to the CEO & Director of Plains All American GP LLC | 4.9yrs | US$265.84k | 0.21% $ 25.6m | |
| Executive VP & Chief Commercial Officer of Plains All American GP LLC | 6.6yrs | US$3.45m | 0.054% $ 6.4m | |
| Senior VP of Finance & Chief Accounting Officer of Plains All American GP LLC | 14.3yrs | no data | 0.028% $ 3.4m | |
| Senior Vice President of Technology | 21.5yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources of Plains All American GP LLC | less than a year | no data | no data | |
| Senior VP of Operations - Plains Midstream Canada Ulc - Plains All American Gp Llc-General Partner | 8.4yrs | no data | no data |
8.4yrs
Average Tenure
60.5yo
Average Age
Experienced Management: PAA's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Plains All American GP LLC | 7.8yrs | US$7.45m | 0.12% $ 14.3m | |
| President & Director of Plains All American GP LLC | 7.8yrs | US$2.05m | 0.060% $ 7.1m | |
| Senior Advisor to the CEO & Director of Plains All American GP LLC | 26.9yrs | US$265.84k | 0.21% $ 25.6m | |
| Lead Independent Director of Plains All American GP LLC | 8.1yrs | US$290.50k | 0.0050% $ 593.6k | |
| Independent Director of Plains All American GP LLC | 2.3yrs | US$255.50k | no data | |
| Independent Director of Plains All American GP LLC | 23.5yrs | US$240.50k | 0.0097% $ 1.2m | |
| Independent Director of Plains All American GP LLC | 14yrs | US$255.50k | 0.23% $ 27.1m | |
| Independent Director of Plains All American GP LLC | 4.2yrs | US$240.50k | 0.028% $ 3.4m | |
| Independent Director of Plains All American GP LLC | 6yrs | US$255.50k | no data | |
| Independent Director of Plains All American GP LLC | 10.9yrs | US$270.50k | 0.0053% $ 627.0k | |
| Independent Director of Plains All American GP LLC | 4.9yrs | US$270.50k | 0.00033% $ 39.3k |
7.8yrs
Average Tenure
67yo
Average Age
Experienced Board: PAA's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
Plains All American Pipeline, L.P. is covered by 46 analysts. 8 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 |
| Ishan Majumdar | Baptista Research |
| Theresa Chen | Barclays |