8-KLeadership Changes

ENTERPRISE PRODUCTS PARTNERS L.P. 8-K Report, Executive Changes (Feb 29, 2016)

Filed February 29, 2016For Securities:EPDEPDU

Summary

This 8-K filing from Enterprise Products Partners L.P. (EPD) announces a significant change in its senior leadership. Michael J. Knesek, the Senior Vice President, Controller, and Principal Accounting Officer of the general partner, has notified the company of his intention to retire. His retirement is scheduled to be effective on August 31, 2016. This announcement is important for investors as it signals a transition in a key financial oversight role. Investors should monitor the company's subsequent filings and communications for information regarding Mr. Knesek's successor, the transition plan, and any potential impact on financial reporting and controls during this period. The long notice period suggests a planned and orderly succession.

Key Highlights

  • 1Michael J. Knesek, Senior Vice President, Controller, and Principal Accounting Officer, has announced his retirement.
  • 2The retirement is effective August 31, 2016, providing a substantial transition period.
  • 3This change affects a critical role responsible for financial reporting and accounting oversight.
  • 4The filing was made on February 29, 2016, with the event date being February 28, 2016.
  • 5Investors should anticipate further announcements regarding Knesek's successor.

Frequently Asked Questions

Michael J. Knesek is the Senior Vice President, Controller, and Principal Accounting Officer of the general partner of Enterprise Products Partners L.P. This role is crucial for overseeing the company's financial reporting and accounting practices.

Mr. Knesek's retirement is effective August 31, 2016. He provided notice of his intent to retire on February 29, 2016.

The retirement of the Principal Accounting Officer is a significant event for investors as it pertains to financial oversight. Investors will want to understand the succession plan and ensure continuity in financial reporting integrity.

This 8-K filing does not mention the appointment of a successor. Investors should look for future SEC filings or company announcements for updates on this matter.