Greg L. Armstrong is a seasoned executive in the energy sector, having served as CEO of Plains All American Pipeline, L.P. from its inception in 1998 until his retirement in 2018. His leadership saw the company through critical phases, notably...
Greg L. Armstrong is a seasoned executive in the energy sector, having served as CEO of Plains All American Pipeline, L.P. from its inception in 1998 until his retirement in 2018. His leadership saw the company through critical phases, notably a major corporate transition to Plains GP Holdings, L.P. where he also held the CEO position from 2013 to 2018. Following his retirement, he became a Senior Advisor to the CEO and has continued to contribute his expertise to the company's governance. Notably, Armstrong has a strong academic and professional background in energy management, and he currently chairs the Federal Reserve Bank of Dallas, highlighting his influence beyond the company. His compensation reflects a sharp contrast over the years, from a whopping $5.59 million in 2012, heavily tied to performance-based bonuses, to a more modest $4.14 million in 2019, which includes substantial annual bonuses and vested phantom units based on company performance metrics. His insider trading activities show fluctuations in his wealth, reaching as high as $34.25 million in September 2019, indicating a strong link between his personal investment decisions and company performance. Armstrong's long-term involvement in the energy industry and his strategic insights make him a key figure in the sector.