UGI Corp CFO Departs, New Directors Appointed
Ticker: UGI · Form: 8-K · Filed: May 31, 2024 · CIK: 884614
| Field | Detail |
|---|---|
| Company | Ugi CORP /Pa/ (UGI) |
| Form Type | 8-K |
| Filed Date | May 31, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, board-election, management-change
TL;DR
UGI's CFO is out, new board members in. Time to watch for changes.
AI Summary
On May 29, 2024, UGI Corporation announced the departure of its Chief Financial Officer, Douglas L. Dotson, effective June 14, 2024. The company also appointed Robert F. Bertram as interim CFO. Additionally, UGI Corporation elected two new directors, Robert L. Knauss and Paul D. Ryan, to its Board of Directors, effective immediately.
Why It Matters
The departure of a CFO and the appointment of new board members can signal strategic shifts or governance changes within the company, potentially impacting investor confidence and future financial strategies.
Risk Assessment
Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty regarding future strategy and financial management.
Key Players & Entities
- UGI Corporation (company) — Registrant
- Douglas L. Dotson (person) — Departing Chief Financial Officer
- June 14, 2024 (date) — Effective date of CFO departure
- Robert F. Bertram (person) — Appointed Interim Chief Financial Officer
- Robert L. Knauss (person) — Elected Director
- Paul D. Ryan (person) — Elected Director
- May 29, 2024 (date) — Date of Report
FAQ
Who has been appointed as the interim Chief Financial Officer of UGI Corporation?
Robert F. Bertram has been appointed as the interim Chief Financial Officer of UGI Corporation.
When is Douglas L. Dotson's departure as CFO effective?
Douglas L. Dotson's departure as CFO is effective June 14, 2024.
How many new directors were elected to UGI Corporation's Board?
Two new directors, Robert L. Knauss and Paul D. Ryan, were elected to UGI Corporation's Board.
What is the principal executive office address for UGI Corporation?
The principal executive office address for UGI Corporation is 500 North Gulph Road, King of Prussia, PA 19406.
What is the filing date for this Current Report on Form 8-K?
The filing date for this Current Report on Form 8-K is May 31, 2024, and the earliest event reported is May 29, 2024.
Filing Stats: 471 words · 2 min read · ~2 pages · Grade level 13.2 · Accepted 2024-05-31 16:03:03
Filing Documents
- ugi-20240529.htm (8-K) — 25KB
- 0000884614-24-000057.txt ( ) — 183KB
- ugi-20240529.xsd (EX-101.SCH) — 2KB
- ugi-20240529_def.xml (EX-101.DEF) — 15KB
- ugi-20240529_lab.xml (EX-101.LAB) — 27KB
- ugi-20240529_pre.xml (EX-101.PRE) — 16KB
- ugi-20240529_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES 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. UGI Corporation May 31, 2024 By: /s/ Jessica A. Milner Name: Jessica A. Milner Title: Vice President, Deputy General Counsel and Secretary