Summary
Targa Resources Corp. (TRGP) announced the retirement of long-serving Board member James W. Whalen, effective December 10, 2021. Mr. Whalen had been a director since October 27, 2005, and was a member of the Board's Risk Management Committee. His departure is not due to any disagreements with the company, which is a positive sign for stability and continued good governance. The company has also reduced its Board size from 13 to 12 directors following his retirement.
Key Highlights
- 1James W. Whalen, a director since 2005, retired from the Targa Resources Corp. Board of Directors.
- 2Mr. Whalen's retirement was effective December 10, 2021.
- 3There were no disagreements between Mr. Whalen and the Company regarding its operations, policies, or practices.
- 4Mr. Whalen was a member of the Board's Risk Management Committee.
- 5The Board size has been reduced from 13 to 12 directors.
- 6The filing indicates a smooth transition with no underlying issues or disputes related to the director's departure.
Frequently Asked Questions
James W. Whalen retired from the Board of Directors of Targa Resources Corp. for reasons not specified beyond his retirement, effective December 10, 2021. The filing explicitly states there are no disagreements between Mr. Whalen and the Company on any matter relating to its operations, policies, or practices.
Mr. Whalen's retirement has led to a reduction in the size of the Board of Directors from 13 to 12 members. He was also a member of the Board's Risk Management Committee.
No, the filing indicates that Mr. Whalen's retirement is amicable and without any disagreements concerning the company's operations, policies, or practices. This suggests a stable and well-managed transition.