UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 28, 2008
Plains All American Pipeline, L.P.
(Exact name of registrant as specified in its charter)
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| DELAWARE
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1-14569
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76-0582150 |
(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
333 Clay Street, Suite 1600, Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code 713-646-4100
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
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| Item 5.02 |
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On July 28, 2008, Plains All American Pipeline, L.P. (“PAA”) issued a press release announcing
that Phil Kramer will relinquish his position as Chief Financial
Officer effective November 15,
2008. PAA also announced that Al Swanson, who currently serves as Senior Vice President — Finance
and Treasurer, will be promoted to the position of Senior Vice President and Chief Financial
Officer, also effective November 15, 2008. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by
reference.
Mr. Swanson, age 44, has served in his current position since August 2007. He served as Vice
President — Finance and Treasurer from August 2005 to August 2007, as Vice President and Treasurer
from February 2004 to August 2005 and as Treasurer from May 2001 to February 2004. In addition,
he held finance related positions at Plains Resources including Treasurer from February 2001 to May
2001 and Director of Treasury from November 2000 to February 2001. Prior to joining Plains
Resources, he served as Treasurer of Santa Fe Snyder Corporation from 1999 to October 2000 and in
various capacities at Snyder Oil Corporation including Director of Corporate Finance from 1998,
Controller — SOCO Offshore, Inc. from 1997, and Accounting Manager from 1992. Mr. Swanson began
his career with Apache Corporation in 1986 serving in internal audit and accounting.
Mr. Swanson’s
base salary is $180,000 per year. He holds a total of 67,000 phantom
units under the Company’s long-term incentive plans that vest on various dates through May 2012.
He also holds 10,000 Class B units of Plains AAP, L.P., the sole member of PAA’s general partner.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 — Press Release dated July 28, 2008.