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.