Westlake Chemical Partners LP Board Changes Announced

Ticker: WLKP · Form: 8-K · Filed: Jul 15, 2024 · CIK: 1604665

Westlake Chemical Partners LP 8-K Filing Summary
FieldDetail
CompanyWestlake Chemical Partners LP (WLKP)
Form Type8-K
Filed DateJul 15, 2024
Risk Levellow
Pages3
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: director-departure, executive-compensation, corporate-governance

TL;DR

Albert Chao out at Westlake Partners LP board, other exec comp details filed.

AI Summary

Westlake Chemical Partners LP announced on July 15, 2024, a change in its board of directors. Specifically, Albert Chao has resigned from his position as a director. The company also reported on compensatory arrangements for certain officers and provided a Regulation FD disclosure.

Why It Matters

Changes in a company's board of directors can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns director resignation and executive compensation disclosures, which are routine corporate events with no immediate indication of significant financial distress or operational risk.

Key Players & Entities

  • Westlake Chemical Partners LP (company) — Registrant
  • Albert Chao (person) — Resigned Director
  • July 15, 2024 (date) — Date of Report

FAQ

Who resigned from the Westlake Chemical Partners LP board of directors?

Albert Chao resigned from the board of directors of Westlake Chemical Partners LP.

What is the filing date for this 8-K report?

The filing date for this 8-K report is July 15, 2024.

What other items are covered in this 8-K filing besides director departure?

This 8-K filing also covers the election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosure, and financial statements and exhibits.

In which state is Westlake Chemical Partners LP incorporated?

Westlake Chemical Partners LP is incorporated in Delaware.

What is the principal executive office address for Westlake Chemical Partners LP?

The principal executive office address is 2801 Post Oak Boulevard, Suite 600, Houston, Texas 77056.

Filing Stats: 827 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-07-15 08:30:31

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits The following exhibits are furnished herewith: 99.1 Press release issued July 15, 2024. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTLAKE CHEMICAL PARTNERS LP By: Westlake Chemical Partners GP LLC, its general partner Date: July 15, 2024 By: /s/ L. Benjamin Ederington L. Benjamin Ederington Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer

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