president, CEO, and chairman Jim Flores, who has been at the helm since PXP's spin-off from parent company Plains Resources (which he also led) in 2002. Before his involvement with Plains, Flores helped cofound and lead Ocean Energy
for $5.3 billion. Including Flores, Plains has a nine-member board, most of whom were former directors at Plains Resources (Plains Exploration's former parent company) or Nuevo Energy, which Plains acquired in 2004. We like that there