UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | September 24, 2012 |
AmeriGas Partners, L.P.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-13692 | 23-2787918 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
460 No. Gulph Road, King of Prussia, Pennsylvania | 19406 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (610) 337-7000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 27, 2012, UGI Corporation, the parent of AmeriGas Propane, Inc., the general partner ("General Partner") of AmeriGas Partners, L.P., announced that its Chief Executive Officer, Lon R. Greenberg, age 62, intends to retire in the spring of 2013. In connection with his retirement as Chief Executive Officer of UGI Corporation, Mr. Greenberg will cease to serve as the executive Chairman of the Board of Directors of the General Partner. Upon his retirement, Mr. Greenberg will instead serve as the non-executive Chairman of the General Partner's Board of Directors.
A copy of UGI Corporation's press release dated September 27, 2012 is included as Exhibit 99.1 to this Report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of UGI Corporation dated September 27, 2012.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AmeriGas Partners, L.P. | ||||
September 27, 2012 | By: |
Monica M. Gaudiosi
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Name: Monica M. Gaudiosi | ||||
Title: Vice President and Secretary of AmeriGas Propane, Inc., the general partner of AmeriGas Partners, L.P. |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press Release of UGI Corporation dated September 27, 2012. |
Contact:610-337-1000
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For Immediate Release: | |
Hugh J. Gallagher, ext. 1029 Simon Bowman, ext. 3645 Shelly Oates, ext. 3202 |
September 27, 2012 |
UGI Announces CEO Succession Plan
Lon R. Greenberg to retire as Chief Executive Officer in 2013
John L. Walsh to be named UGIs Chief Executive Officer
VALLEY FORGE, Pa., September 27 UGI Corporation (NYSE: UGI) today announced that Lon R. Greenberg intends to retire as Chief Executive Officer in the spring of 2013. Mr. Greenberg will continue to serve UGI as non-executive Chairman of its Board of Directors. Mr. Greenberg will also continue to serve as non-executive Chairman of the Boards of Directors of AmeriGas Propane, Inc. and UGI Utilities, Inc. John L. Walsh, UGIs President and Chief Operating Officer, will be named President and Chief Executive Officer of UGI upon Mr. Greenbergs retirement.
Mr. Greenberg, 62, has been UGIs Chief Executive Officer since 1995 and Chairman of its Board of Directors since 1996. Mr. Greenberg joined UGI in 1980 as Corporate Development Counsel and has served the company for over three decades in various senior management roles including General Counsel (1983-1987), Vice President Legal and Corporate Development (1987-1989), Senior Vice President Legal and Corporate Development (1989-1994), President (1994-2005) and Vice Chairman of the Board (1995-1996).
Marvin O. Schlanger, UGIs Presiding Director, said Lons time as CEO will be remembered as one of truly remarkable growth and value creation for UGIs shareholders. UGIs total shareholder return during Lons tenure is nearly 900%, an average growth rate of over 14% per year. In addition to this remarkable track record of financial success, Lon has instilled a true culture of excellence at UGI and has developed a strong management team that will serve UGI shareholders for the foreseeable future. This team will be led by John Walsh, a talented executive and a worthy successor to Lon as CEO. Although we wish Lon a long, happy and healthy future retirement, we are very pleased that UGI shareholders will continue to benefit from Lons leadership as the non-executive Chairman of UGIs Board of Directors.
Mr. Walsh, 57, has been President and Chief Operating Officer of UGI Corporation since 2005. Mr. Walsh also serves as a Director of UGI Corporation and as Vice Chairman of the Boards of Directors of both AmeriGas Propane, Inc. and UGI Utilities, Inc. In addition to his role as UGIs President and Chief Operating Officer, Mr. Walsh also serves as UGIs principal financial officer (since 2011) and previously served as Chief Executive Officer of UGI Utilities, Inc. (2009-2011). Mr. Walsh held various senior management positions at the BOC Group plc from 1986 to 2005, including Chief Executive of the Industrial and Special Products Division (2001-2005). Prior to joining BOC, Mr. Walsh held several management positions in planning, corporate development and field operations at UGI and AmeriGas from 1981 to 1986.
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UGI Announces CEO Succession Plan Page 2
Lon R. Greenberg, Chairman and Chief Executive Officer of UGI, said, I am very pleased to announce John Walsh as my successor as UGIs Chief Executive Officer. John has been an invaluable resource to me personally and to the company as a whole since he rejoined UGI in 2005 following a stellar career at BOC. John is a well-rounded executive with both financial and operations experience and I am confident that I will be leaving the day-to-day operations of UGI in very capable hands when I retire as CEO in the spring. I am also very pleased that I will continue my association with UGI as the non-executive Chairman of the Board and I look forward to contributing to the future success of the company in that role.
About UGI
UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI
operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically
and internationally, manages midstream energy and electric generation assets in Pennsylvania, and
engages in energy marketing in the Mid-Atlantic region. UGI, through subsidiaries, is the sole
General Partner and owns 26% of AmeriGas Partners, L.P. (NYSE:APU), the nations largest retail
propane distributor.
Comprehensive information about UGI Corporation is available on the Internet at http://www.ugicorp.com.
C-12 ### 9/27/2012