Plains All American Pipeline and Plains GP Holdings Announce Appointment of New Chief Operating Officer

manilatimes.net · 2026-09-29

HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, 'Plains”) announced that Dean Liollio has been appointed to serve as Executive Vice President and Chief Operating Officer of Plains effective as of October 2, 2026. Mr. Liollio replaces Chris Chandler, the current EVP and COO, who is resigning from Plains to pursue other interests and not due to any disagreement relating to the company’s operations, policies or practices.

TickrTrends take: Plains All American Pipeline announced a new Chief Operating Officer appointment, which represents a leadership transition that investors should monitor for operational execution and strategic direction changes. Given that TickrTrends currently rates PAA as overvalued, this management change introduces uncertainty around whether the company can justify its current valuation through improved operational performance in the energy sector. Valuation-focused investors should track whether this leadership shift leads to operational efficiency gains or strategic initiatives that could either support or challenge the overvaluation assessment.

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