8-K filed October 15, 2024, 7:59 PM ET ticker UGI CIK 0000884614

leadership confidence high sentiment neutral materiality 0.65

UGI appoints Robert Flexon as President and CEO effective Nov 1, 2024

UGI CORP /PA/

Robert Flexon appointed President and CEO; Mario Longhi resumes role as non-executive Chair, effective Nov 1.
Flexon receives $1.15M base salary, $300K sign-on bonus, target bonus 125% of base, and $5.1125M equity award.
Equity award is 60% performance units (3-year TSR vesting) and 40% time-restricted stock units (2/3-year vesting).
Flexon steps down from PG&E Board (NYSE: PCG) on Oct 31; he previously served as UGI CFO in 2011.
Alan Harris ceases as Presiding Director; Flexon also eligible for SERP, Severance Plan, and Change-in-Control benefits.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Robert Flexon

Member of the Board of Directors

UGI · UGI CORP /PA/

Effective: 2024-11-01
Filed: October 15, 2024, 7:59 PM ET

Mr. Flexon will be appointed as a member of the Board, effective November 1, 2024.

Departed (interim)

Mario Longhi

Interim President and Chief Executive Officer

UGI · UGI CORP /PA/

Effective: 2024-11-01
Successor: Robert Flexon
Filed: October 15, 2024, 7:59 PM ET

Mario Longhi will cease serving as Interim President and Chief Executive Officer, effective November 1, 2024.

Departed

Alan Harris

Presiding Director

UGI · UGI CORP /PA/

Effective: 2024-11-01
Filed: October 15, 2024, 7:59 PM ET

Alan Harris will cease serving as the Board’s Presiding Director, effective November 1, 2024.

Appointed

Robert Flexon

President and Chief Executive Officer

UGI · UGI CORP /PA/

Effective: 2024-11-01
Successor: Mario Longhi
Filed: October 15, 2024, 7:59 PM ET

appointed Robert Flexon as President and Chief Executive Officer, effective November 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Robert Flexon was appointed as Member of the Board of Directors at UGI CORP /PA/.

Action: Appointed as member of the Board
Role: Member of the Board of Directors

Exact text from the filing

Mr. Flexon will be appointed as a member of the Board, effective November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Mario Longhi departed as Interim President and Chief Executive Officer at UGI CORP /PA/.

Action: Ceased serving as Interim President and Chief Executive Officer
Role: Interim President and Chief Executive Officer

Exact text from the filing

Mario Longhi will cease serving as Interim President and Chief Executive Officer, effective November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Alan Harris departed as Presiding Director at UGI CORP /PA/.

Action: Ceased serving as Presiding Director
Role: Presiding Director

Exact text from the filing

Alan Harris will cease serving as the Board’s Presiding Director, effective November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Robert Flexon was appointed as President and Chief Executive Officer at UGI CORP /PA/.

Action: Appointed as President and Chief Executive Officer
Role: President and Chief Executive Officer

Exact text from the filing

appointed Robert Flexon as President and Chief Executive Officer, effective November 1, 2024.

View on SEC.gov

UGI CORP /PA/ filing history →

Source: SEC EDGAR

accession 0001558370-24-013284

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.