Form 8-K · Current Report · Filed 2026-08-25
Targa Resources Announces Key Executive Appointments and CFO Retirement
Targa Resources Corp. announced on August 20, 2026, the appointment of Brent B. Secrest as President - Logistics and Transportation, effective September 1, 2026. Additionally, Benjamin J. Branstetter, the current President - Logistics and Transportation, was appointed as the new Chief Financial Officer, succeeding William A. Byers, who informed the company of his intent to retire from his CFO position, effective September 1, 2026. The company and Mr. Byers have entered into a Separation Agreement detailing his compensation during the transition period until December 31, 2026.
- Filer
- Targa Resources Corp. TRGP · NYSE
- Filed
- Accession
- 0001193125-26-364099
- CIK
- 0001389170
- Signal
- High impactEnergy
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$294.26
Since filing
+0.0%
Latest close
$294.26
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from TRGP reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, TRGP insiders reported 6 Form 4 transactions — net selling of $985K.
About Targa Resources Corp.
Targa Resources Corp. is a prominent midstream energy company focused on the processing, storage, transportation, and marketing of natural gas and natural gas liquids (NGLs). It plays a vital role in the energy sector by facilitating the efficient flow of these critical resources from production sites to end users. Targa Resources Corp. provides a variety of essential services including gathering and processing, which involves collecting natural gas from wells, separating impurities, and preparing it for transport. Additionally, the company is involved in fractionation, which divides mixed NGLs into individual hydrocarbons such as propane, butane, and ethane. Targa's operations are key to energy infrastructure, supporting industries that rely on natural gas and NGLs for power generation, manufacturing, and heating. With a significant presence in major U.S. shale basins, Targa Resources Corp. contributes to the country's energy supply chain stability and efficiency, making it a strategic player in the integration and distribution of energy resources across multiple markets.
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