Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 24, 2018, the Board of Directors of AmeriGas Propane, Inc. (the “General Partner”), the general partner of AmeriGas Partners, L.P., elected Roger Perreault, age 54, and Hugh J. Gallagher, age 55, to serve as Directors of the General Partner, effective October 1, 2018. Messrs. Perreault and Gallagher are not members of any standing committees of the Board of Directors of the General Partner, and neither will be compensated for services performed as a Director.
As previously announced, Mr. Perreault has been appointed to the newly created position of Executive Vice President, Global LPG of UGI Corporation (“UGI”), the General Partner’s parent, effective October 1, 2018. In this role, Mr. Perreault will be responsible for UGI’s LPG distribution businesses, conducted through AmeriGas Propane, L.P. and UGI International, LLC, a subsidiary of UGI (“UGI International”), and their subsidiaries. Mr. Perreault will also continue to serve as President of UGI International, a position he has held since November 2015. Prior to joining UGI, Mr. Perreault spent 21 years with Air Liquide, serving in various leadership positions, including in a global role as President, Large Industries, and prior to that, in a role with responsibility for Air Liquide’s North American large industries business.
Also, as previously announced, Mr. Gallagher was named President and Chief Executive Officer of the General Partner, effective September 18, 2018. Prior to that, he served as Vice President – Finance and Chief Financial Officer of the General Partner since May 2013. Since joining UGI in 1990, Mr. Gallagher has served both UGI and the General Partner in various finance, accounting and operations roles, including Treasurer, Director of Treasury Services and Investor Relations and Director, Business Development.
A copy of the General Partner’s press release is furnished as Exhibit 99.1 to this Current Report on Form8-K.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
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99.1 | | Press Release of AmeriGas Propane, Inc. dated September 25, 2018. |