01—Abstract
Summary
Summary of the 8-K filed November 3, 2025. Cited figures are marked; the original filing is the authoritative source.
Energy Transfer LP (ET) has filed an 8-K reporting a change in its board of directors.
Richard D. Brannon has resigned from the board of directors of LE GP, LLC, the general partner of Energy Transfer LP, effective immediately. This resignation is in connection with his appointment as chairman of the board of directors of the managing member of SunocoCorp LLC, a company in which Energy Transfer LP holds a 100%a equity interest in its managing member.
While this change impacts the board composition, it's important for investors to note that Mr. Brannon's departure was not a result of any disagreements related to the Company's or Partnership's operations, practices, or policies. The filing also notes that Matthew S. Ramsey will join the audit committee of the board, replacing Mr. Brannon in that capacity.
02—Key points
Key Highlights
- Richard D. Brannon resigns from the Energy Transfer LP board of directors (LE GP, LLC) effective immediately.
- Mr. Brannon's resignation is due to his new role as chairman of the board of SunocoCorp LLC.
- Energy Transfer LP owns 100% of the equity interest in the managing member of SunocoCorp LLC.
- The resignation is not due to any disagreements regarding operations, practices, or policies.
- Matthew S. Ramsey has been appointed to the audit committee, replacing Mr. Brannon.
03—Questions
Frequently Asked Questions
Why did Richard D. Brannon resign from the board?
Richard D. Brannon resigned from the board of directors of LE GP, LLC (the general partner of Energy Transfer LP) in connection with his appointment as chairman of the board of directors of the managing member of SunocoCorp LLC.
Is Mr. Brannon's resignation due to any company issues?
No, the filing explicitly states that Mr. Brannon's decision to resign was not due to any disagreement with the Company or the Partnership relating to operations, practices, or policies.
What is the relationship between Energy Transfer LP and SunocoCorp LLC?
Energy Transfer LP owns 100% of the equity interest in the managing member of SunocoCorp LLC.
Who has replaced Mr. Brannon on the audit committee?
Matthew S. Ramsey has been appointed to the audit committee of the board of directors of the Company, replacing Mr. Brannon.
04—Continue