| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 24, 2018, Bryan F. Bulawa resigned as Senior Vice President and Chief Financial Officer of Enterprise Products Holdings LLC, the general partner (the “Enterprise GP”) of Enterprise Products Partners L.P. (the “Partnership”), effective immediately. The Partnership and Mr. Bulawa remain in discussions with respect to the terms of his departure.
On August 24, 2018, the board of directors of Enterprise GP elected W. Randall Fowler to serve as President and Chief Financial Officer, effective concurrently with the effectiveness of Mr. Bulawa’s resignation.
Mr. Fowler (age 61) was elected a director of Enterprise GP in September 2011 and serves asCo-Chairman of the Capital Projects Committee. He has served as the President of Enterprise GP since January 2016, having previously served as Chief Administrative Officer from April 2015 to January 2016. He served as Executive Vice President and Chief Financial Officer of Enterprise GP from November 2010 to March 2015 and as Executive Vice President and Chief Financial Officer of Enterprise Products GP, LLC, the previous general partner of the Partnership (“EPGP”), from August 2007 to November 2010. He also served as President and Chief Executive Officer of DEP Holdings, LLC, the general partner of Duncan Energy Partners L.P. (“DEP GP”), from April 2010 until September 2011 and as Executive Vice President and Chief Financial Officer of DEP GP from August 2007 to April 2010. He served as a director of DEP GP from September 2006 until September 2011.
Mr. Fowler served as Senior Vice President and Treasurer of EPGP from February 2005 to August 2007 and of DEP GP from October 2006 to August 2007. Mr. Fowler also previously served as a director of EPGP and of the general partner of Enterprise GP Holdings L.P. (“Holdings GP”) from February 2006 to May 2010. Mr. Fowler also served as Senior Vice President and Chief Financial Officer of Holdings GP from August 2005 to August 2007. Mr. Fowler was elected Vice Chairman and Chief Financial Officer of Enterprise Products Company (“EPCO”) in May 2010. He previously served as President and Chief Executive Officer of EPCO from December 2007 to May 2010 and as its Chief Financial Officer from April 2005 to December 2007.
Mr. Fowler, a Certified Public Accountant (inactive), joined the Partnership as Director of Investor Relations in January 1999. He also serves as Chairman of the Board of the Master Limited Partnership Association (formerly National Association of Publicly Traded Partnerships). Mr. Fowler is on the Advisory Board of Alerian, an independent provider of market intelligence for master limited partnerships (“MLPs”), which includes its benchmark Alerian MLP Index, or AMZ. He also serves on the Advisory Board for the College of Business at Louisiana Tech University.
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