Research Reports

Key takeaways

Cynthia B. Taylor appointed independent Class III director of PAA GP Holdings LLC board on May 11, 2026.

Ms. Taylor joins Compensation Committee and Health, Safety, Environmental and Sustainability Committee.

Over 30 years energy experience, former CEO/President of Oil States International, Inc. (2007-2026).

Current director of AT&T Inc. (audit committee chair) and former Federal Reserve Bank of Dallas director.

Annual compensation: $120,000 cash retainer plus ~$160,000 phantom Class A Shares of PAGP vesting in one year.

Full analysis

The appointment of Cynthia B. Taylor strengthens the board of PAA GP Holdings LLC, which manages Plains All American Pipeline, L.P. and Plains GP Holdings, L.P., with her extensive energy sector expertise including nearly two decades as CEO and President of Oil States International, Inc. Her financial background as a former CFO, CPA, and current AT&T audit committee chair enhances governance oversight. Committee assignments position her to influence executive compensation and HSE&S strategies, aligning with standard non-employee director pay structure to attract qualified independents without diluting economic interests via phantom shares.

PAGP · Plains GP Holdings, L.P.

Summary

Key takeaways

Full analysis