secwatch.observer — SEC 8-K summary
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Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001140361-23-057370
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGI CEO Roger Perreault steps down; Mario Longhi named interim CEO; FY2024 guidance reaffirmed
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- Roger Perreault ceased as President/CEO and board member effective Dec 12, 2023; departure not due to any disagreement.
- Mario Longhi (former US Steel CEO) appointed Interim President and CEO; steps down from board committees.
- Longhi receives $1M base salary, $2.5M RSUs (one-year vest), cash bonus target 125% of base for FY2024.
- Company reaffirms FY2024 adjusted EPS guidance of $2.70-$3.00 per diluted share.
- Board continues strategic alternatives review for LPG business announced Aug 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000114036123057370/0001140361-23-057370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000114036123057370/ef20016544_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-057370

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer