---
schema_version: "secwatch.filing_event.v1"
accession: "0000884614-23-000036"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T04:07:02.759751+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UGI Corp. appoints Sean O'Brien as CFO; Ted Jastrzebski to retire April 11

## Summary
- O'Brien joins from DCP Midstream, where he served as Group VP and CFO since 2012.
- Jastrzebski will retire as CFO effective April 11, 2023, but stay until early June for transition.
- O'Brien receives base salary of $625,000, target bonus 80% of salary, equity award of $1M.
- O'Brien also granted a target equity award for FY2024 valued at $1.5M.
- Change-in-control agreement provides 2.5x base salary and bonus if terminated without cause post-change.

## SEC filing metadata
- accession: 0000884614-23-000036
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000088461423000036/0000884614-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000088461423000036/ugi-20230313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884614-23-000036
- JSON: https://secwatch.observer/filing/0000884614-23-000036.json
- Plain text: https://secwatch.observer/filing/0000884614-23-000036.txt

## Key facts
- Executive change
  Sean P. O'Brien was appointed as Chief Financial Officer at UGI CORP /PA/.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: will be succeeded as Chief Financial Officer by Sean P. O’Brien, age 53
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461423000036/0000884614-23-000036-index.htm
- Executive change
  Ted J. Jastrzebski departed as Chief Financial Officer at UGI CORP /PA/.
  - Action: retire
  - Role: Chief Financial Officer
  source text: Ted J. Jastrzebski, age 61, intends to retire from his position as Chief Financial Officer of the Company on April 11, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000088461423000036/0000884614-23-000036-index.htm

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