Westlake Chemical Partners names new chief accountant
Westlake Chemical Partners LP (WLKP) reported a leadership change in its accounting function.
Rhea-AI Filing Summary
Westlake Chemical Partners LP (WLKP) reported a leadership change in its accounting function. On August 31, 2026, Tommy E. Darby, age 45, was appointed Vice President, Chief Accounting Officer of Westlake Chemical Partners GP LLC, the general partner of the partnership, effective immediately. On the same date, he was also appointed Vice President, Chief Accounting Officer of Westlake Corporation, the indirect parent of the general partner. Darby brings prior senior accounting and controller experience from Pactiv Evergreen Inc. (now Novolex), Valaris plc (now Valaris Limited), and Deloitte LLP, and is a Certified Public Accountant. He succeeds Jeffrey A. Holy, who will transition to Vice President, Finance and Investor Relations of the general partner, effective concurrent with Darby’s appointment.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Age of new Chief Accounting Officer: 45 years
Effective date of appointment: August 31, 2026
General partner commission file number: 001-36567
3 metrics
Age of new Chief Accounting Officer
45 years
Age of Tommy E. Darby at the time of appointment
Effective date of appointment
August 31, 2026
Date Tommy E. Darby’s roles at the general partner and Westlake Corporation became effective
General partner commission file number
001-36567
SEC Commission File Number for Westlake Chemical Partners LP
Key Terms
general partner, limited partner interests, Regulation S-K, Certified Public Accountant
4 terms
general partner financial
"Westlake Chemical Partners GP LLC, the general partner of the Partnership"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
limited partner interests financial
"Common units representing limited partner interests"
An investor's ownership stake in a limited partnership that gives them rights to a share of profits and losses but not day-to-day control over the business, similar to being a silent partner in a project. For investors this matters because it defines how they earn returns, how much risk and liability they carry, and how easy it is to sell their position — all key factors when valuing and comparing investments.
Regulation S-K regulatory
"transactions with the Partnership requiring disclosure under Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Certified Public Accountant financial
"and is a Certified Public Accountant"
A certified public accountant (CPA) is a licensed accounting professional who has passed rigorous exams and met education and experience requirements to prepare, review, and officially certify financial statements and tax filings. For investors, a CPA's involvement is like a neutral referee confirming that a company's reported numbers are accurate and follow accounting rules, which improves trust in financial reports and lowers the risk of unexpected errors or misleading information.
FAQ
What leadership change did WLKP announce on August 31, 2026?
Westlake Chemical Partners LP announced that Tommy E. Darby was appointed Vice President, Chief Accounting Officer of Westlake Chemical Partners GP LLC, its general partner, effective immediately, and will also serve as Vice President, Chief Accounting Officer of Westlake Corporation as of August 31, 2026.
Who is Tommy E. Darby, the new Chief Accounting Officer at WLKP?
Tommy E. Darby, age 45, previously served as Vice President and Chief Accounting Officer at Pactiv Evergreen Inc. (now Novolex), held various leadership roles at Valaris plc (now Valaris Limited), worked in audit and assurance at Deloitte LLP, and is a Certified Public Accountant.
What role change is occurring for Jeffrey A. Holy at WLKP?
Jeffrey A. Holy will move from his role as Vice President, Chief Accounting Officer of the general partner to become Vice President, Finance and Investor Relations of Westlake Chemical Partners GP LLC, effective concurrent with Tommy E. Darby’s appointment.
When did Tommy E. Darby’s appointment at WLKP become effective?
Tommy E. Darby’s appointment as Vice President, Chief Accounting Officer of Westlake Chemical Partners GP LLC became effective immediately on August 31, 2026, and his appointment to the same role at Westlake Corporation is also effective August 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
