Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL

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

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

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TSX:PPL - Post Discussion

Pembina Pipeline Corp > CEO Leadership Transition

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Post by Betteryear2 on Nov 22, 2021 7:36am

CEO Leadership Transition

CALGARY, AB, Nov. 22, 2021 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) today announced that Mick Dilger has stepped down as President and Chief Executive Officer to pursue other opportunities. The Board of Directors has named Scott Burrows, Pembina's current Chief Financial Officer, as interim President and Chief Executive Officer. The Board will be working with a leading search firm to identify and evaluate internal and external candidates for a new CEO to lead Pembina in its next chapter. With Mr. Burrows' appointment, Cameron Goldade, currently Pembina's Vice President – Capital Markets, has been appointed interim Chief Financial Officer.

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Comment by darb on Nov 22, 2021 8:39am

That seems like a rather terse announcement..........none of the standard "wish him well...yadda....yadda...yadda". What's going on?

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Comment by splurge on Nov 22, 2021 8:59am

Read the PPL's press release. It has what you would expect. Splurge

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Comment by hawk35 on Nov 22, 2021 10:25am

It appears the board of directors decided it was time for a new CEO so they pushed him out. This is suggested by the phrase in the announcement that the CEO has stepped down to "pursue other opportunities". I worked at senior levels in many well known organizations and every time an executive was let go, that "pursuing other opportunity" phrase appeared in the ...more

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Comment by darb on Nov 22, 2021 10:33am

I still think he blew it when he didn't grab Heartland.

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Comment by Rakaposhi on Nov 22, 2021 11:13am

That, or the board was not in agreement and wanted to stick to its knitting. Holding...

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Comment by PabloLafortune on Nov 22, 2021 3:23pm

The Chairman praised Kilger in today’s press release...

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Comment by Antonyius on Nov 22, 2021 1:27pm

Or he could've been caught doing some shady stuff like banging his secretary so he was forced to step down. Happened to one of our senior VP who was expected to take over who then suddenly announced he was pursuing other opportunities to take an associate professor role at Texas A&M lol what. Then a year later he became CEO somewhere else.

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