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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

Alternate Symbol(s):  T.PPL.PF.E | T.PPL.PR.A | PMMBF | PBNAF | T.PPL.PR.C | T.PPL.PR.E | PPLOF | T.PPL.PR.G | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | T.PPL.PR.S | T.PPL.PF.A | PBA | PPLAF | T.PPL.PF.B

Pembina Pipeline Corp (Pembina) is a Canada-based energy transportation and midstream service provider. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. It operates through three segments: Pipelines, Facilities and... see more

TSX:PPL - Post Discussion

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Post by Al42 on Feb 23, 2022 7:50am

New Boss

CALGARY, AB, Feb. 23, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced that it has appointed Scott Burrows as the Company's President and Chief Executive Officer. This appointment concludes the previously announced executive search process undertaken by the Pembina Board of Directors. Mr. Burrows previously served as the Company's Chief Financial Officer for approximately seven years and was appointed interim President and Chief Executive Officer in November 2021. Mr. Burrows has also been appointed to the Pembina Board of Directors.

"Pembina today has great momentum and significant opportunities, and we are thrilled to have Scott take on the CEO role permanently and lead Pembina into the future," said Randy Findlay, Chair of the Pembina Board of Directors. "Scott brings the critical capabilities and qualities we need to build on our more than 65-year history, develop our world-class team, strengthen relationships with our stakeholders and deliver value from our core businesses. Just as importantly, he has the strategic vision and experience to advance our position as a truly differentiated, integrated leader in the midstream space. The Board looks forward to continuing to work with Scott and the rest of the Pembina leadership team."

Pembina also announced two additional executive appointments. Jaret Sprott, the Company's current Senior Vice President & Chief Operating Officer, Facilities, has been appointed Senior Vice President & Chief Operating Officer, Pipelines and Facilities; and Eva Bishop will be joining Pembina as Senior Vice President, Corporate Services. Ms. Bishop has received her Canadian work authorization and her appointment will be effective upon her relocation from London to Calgary in April. Cameron Goldade, previously Pembina's Vice President – Capital Markets, continues to serve as the Company's interim Chief Financial Officer, as management and the Board evaluate internal and external candidates for that position. Along with these leadership changes, the Company also announced that Harry Andersen, formerly Senior Vice President & Chief Operating Officer, Pipelines, has departed the Company to pursue other opportunities.

Comment by stocktalk on Feb 23, 2022 10:24am
Mr. Burrows was 2nd in command and a dedicated company man with credibility. He was pro Heartland deal, might there be a jv down the pipeline ?
Comment by bttmfischer on Feb 23, 2022 10:45am
If you mean a joint venture, what venture did you think of?
Comment by stockmarket1 on Feb 23, 2022 11:58am
I guess that would explain the recent rise in share price. Great news because now there's confidence and direction. Plus $45 by summer / fall ?
Comment by hawk35 on Feb 23, 2022 12:28pm
Take a look at Burrow's previous experience.  Acquisitions or JV's in our future??? Canada’s Pembina Pipeline Corp said on Wednesday its interim Chief Executive Officer Scott Burrows would lead the company on a permanent basis. Burrows was previously Pembina’s financial head until November, when he replaced Mick Dilger who stepped down as president and CEO to pursue other ...more  
Comment by stocktalk on Feb 23, 2022 12:39pm
Exactly, all the uneducated investors don't know his background and track history.
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