01—Abstract
Summary
Summary of the 8-K filed February 16, 2024. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Enterprise Products Partners L.P.
(EPD) announces a key executive leadership change. Effective March 1, 2024, R. Daniel Boss has been promoted to Executive Vice President and Chief Financial Officer (CFO) of Enterprise GP, the general partner.
Mr. Boss, a Certified Public Accountant with extensive experience within EPD since 2008 in various financial and risk management roles, will also continue to serve as the principal accounting officer. This promotion signifies internal succession and continuity in financial leadership. Mr. Boss's new responsibilities will include the overall leadership of Enterprise's Internal Audit organization in addition to his existing oversight of Accounting, Risk Control, and Information Technology.
He will report to Co-CEO W. Randall Fowler, who will continue in his CEO role alongside A. James Teague.
Other finance-related executives, Christian M. Nelly and Penny R. Houy, will continue in their roles and report to Mr. Fowler.
02—Key points
Key Highlights
- R. Daniel Boss promoted to Executive Vice President and Chief Financial Officer (CFO) of Enterprise GP, effective March 1, 2024.
- Mr. Boss will also continue to serve as the principal accounting officer.
- The promotion reflects internal succession and leverages extensive experience within EPD.
- Mr. Boss has held various senior financial and risk management roles at EPD since 2008.
- New responsibilities for Mr. Boss include oversight of the Internal Audit organization.
- Mr. Boss will report to Co-CEO W. Randall Fowler, who continues in his role.
- Executive leadership team structure remains largely intact with continuity in reporting lines.
03—Questions
Frequently Asked Questions
Who has been appointed as the new Chief Financial Officer?
R. Daniel Boss has been promoted to Executive Vice President and Chief Financial Officer of Enterprise GP, effective March 1, 2024.
What is R. Daniel Boss's background and experience?
Mr. Boss is a Certified Public Accountant with a long tenure at Enterprise Products Partners L.P. (EPD) since 2008. He has held numerous leadership positions in accounting, risk control, information technology, and regulated business operations. Most recently, he served as Executive Vice President – Accounting, Risk Control and Information Technology.
Will Mr. Boss also handle accounting responsibilities?
Yes, in his new role as CFO, Mr. Boss will continue to serve as Enterprise GP’s principal accounting officer.
How does this change impact the reporting structure?
Mr. Boss will report directly to W. Randall Fowler, who continues as one of Enterprise GP’s two Co-Chief Executive Officers. Christian M. Nelly and Penny R. Houy will also continue in their roles and report to Mr. Fowler.
04—Continue