---
schema_version: "secwatch.filing_event.v1"
accession: "0000884614-22-000063"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T11:22:28.518689+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UGI appoints Robert F. Beard as Chief Operations Officer, effective immediately

## Summary
- Beard, previously EVP of Natural Gas, appointed COO overseeing Global LPG and Natural Gas lines.
- Base salary set at $632,500; target annual bonus 85% of base (prorated for FY2023).
- Target equity value $1,350,000 under 2021 Incentive Award Plan, granted in January 2023.
- New Change in Control Agreement provides 2x base+bonus if terminated without cause within 2 yrs post-control change.
- CEO cites streamlined 'one company' structure to capture synergies and drive the 'three R' strategy.

## SEC filing metadata
- accession: 0000884614-22-000063
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000088461422000063/0000884614-22-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000088461422000063/ugi-20221201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884614-22-000063
- JSON: https://secwatch.observer/filing/0000884614-22-000063.json
- Plain text: https://secwatch.observer/filing/0000884614-22-000063.txt

## Key facts
- Executive change
  Robert F. Beard was appointed as Chief Operations Officer at UGI CORP /PA/.
  - Action: appointed
  - Role: Chief Operations Officer
  source text: On December 1, 2022, UGI Corporation (the “Company”) announced the appointment of Robert F. Beard, age 57, to the newly created executive officer position of Chief Operations Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461422000063/0000884614-22-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.