Enterprise Products Partners L.P. (EPD) filed a Form 8K - Director, Officer or Compensation Filing - with the U.S Securities and Exchange Commission on July 01, 2026.
On July 1, 2026, Enterprise Products Partners L.P. (the "Partnership") issued a press release announcing that A. James "Jim" Teague, Co-Chief Executive Officer of the Partnership's general partner (the "General Partner") has indicated his intent to retire effective as of January 4, 2027. The board of directors (the "Board") of the General Partner has elected W. Randall "Randy" Fowler (who currently serves as Co-Chief Executive Officer of the General Partner) to serve as Chief Executive Officer upon Mr. Teague's retirement.
Mr. Fowler (age 69) was elected as a director of the General Partner in September 2011 and has served as one of its two Co-Chief Executive Officers (together with Mr. Teague) since January 2020, having previously served as President from January 2016 to January 2020 and as Chief Administrative Officer from April 2015 to January 2016. Mr. Fowler served as Chief Financial Officer of the General Partner from August 2018 through February 2024, having previously served as Executive Vice President and Chief Financial Officer from November 2010 to March 2015 and as Executive Vice President and Chief Financial Officer of the General Partner's predecessor from August 2007 to November 2010. He has served as Co-Chairman of the General Partner's Capital Projects Committee since November 2016. Mr. Fowler joined the Partnership in 1999, shortly after its initial public offering and has 48 years of finance and accounting experience in various sectors of the energy industry.
Upon Mr. Teague's retirement, the General Partner will expand its Office of the Chairman (a management oversight group that serves as a liaison between the Board and the General Partner's senior management). Currently, the Office of the Chairman consists of Randa Duncan Williams (in her capacity as non-executive Chairman of the Board), Richard H. "Hank" Bachmann (in his capacity as non-executive Vice Chairman of the Board), and Messrs. Teague and Fowler (in their capacities as the General Partner's Co-Chief Executive Officers). As expanded, the Office of the Chairman will consist of Ms. Duncan Williams, Mr. Bachmann, Mr. Fowler (in his capacity as the General Partner's Chief Executive Officer), Michael C. "Tug" Hanley (in his capacity as the General Partner's Chief Commercial Officer), and R. Daniel Boss (in his capacity as the General Partner's Chief Financial Officer).
A copy of the press release referenced above is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein in its entirety.
The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/1061219/000119312526291582/d67955d8k.htm
Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/1061219/000119312526291582/0001193125-26-291582-index.htm
Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.