Targa Resources Corp. announced that its Chief Financial Officer, William A. Byers, will retire effective September 1, 2026. He will be succeeded by Benjamin J. Branstetter, the company's current President – Logistics and Transportation. Brent B. Secrest, a former executive at Enterprise Products, has been appointed to fill Branstetter's role.
Key Details
- CFO Retirement: William A. Byers will retire as CFO on September 1, 2026, but will remain with the company in a non-executive capacity until December 31, 2026, to ensure a smooth transition.
- New CFO Appointment: Benjamin J. Branstetter will assume the role of Chief Financial Officer, effective September 1, 2026. His compensation will include an increased annual base salary of $600,000.
- New President of Logistics & Transportation: Brent B. Secrest will join the company as President – Logistics and Transportation, also effective September 1, 2026. He most recently served as Executive Vice President at Enterprise Products Holdings LLC.