---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013284"
form_type: "8-K"
ticker: "UGI"
cik: "0000884614"
company_name: "UGI CORP /PA/"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T15:06:27.985657+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-013284
- form_type: 8-K
- ticker: UGI
- cik: 0000884614
- company_name: UGI CORP /PA/
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/0001558370-24-013284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/ugi-20241015x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013284
- JSON: https://secwatch.observer/filing/0001558370-24-013284.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013284.txt

## Key facts
- Executive change
  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
  source text: Mr. Flexon will be appointed as a member of the Board, effective November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/0001558370-24-013284-index.htm
- Executive change
  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
  source text: Mario Longhi will cease serving as Interim President and Chief Executive Officer, effective November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/0001558370-24-013284-index.htm
- Executive change
  Alan Harris departed as Presiding Director at UGI CORP /PA/.
  - Action: Ceased serving as Presiding Director
  - Role: Presiding Director
  source text: Alan Harris will cease serving as the Board’s Presiding Director, effective November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/0001558370-24-013284-index.htm
- Executive change
  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
  source text: appointed Robert Flexon as President and Chief Executive Officer, effective November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/884614/000155837024013284/0001558370-24-013284-index.htm

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