WHIPPANY, N.J., March 2, 2021 /PRNewswire/ -- Suburban
Propane Partners, L.P. (NYSE: SPH) ("Suburban"), a nationwide
distributor of propane, renewable propane, fuel oil and related
products and services, as well as a marketer of natural gas and
electricity and an investor in low carbon fuel alternatives, today
announced the creation of a new executive-level position of Vice
President, Strategic Initiatives – Renewable Energy, in support
of its Go Green with Suburban
Propane corporate pillar and its commitment to invest in
clean energy solutions. The new position will be responsible
for supporting Suburban's long-term strategic growth and
diversification initiatives through the identification, analysis
and execution of transformative acquisitions, strategic
partnerships or investments in renewable energy
opportunities.
M. Douglas Dagan has joined
Suburban to fill this new position after spending the past decade
advising companies on the development of renewable energy projects,
advocating for environmental and renewable energy policies, and
supporting climate change strategies and initiatives through his
association with local, national and international organizations
including; the Natural Resources Defense Council, Clean Air Task
Force and the United Nations Framework Convention on Climate
Change. Doug brings a unique perspective to Suburban,
combining his background in chemistry and environmental management,
a real passion for climate change science and policy, and
experience in advocating for public policy that is supportive of
renewable energy investments. He holds degrees from Middlebury
College, Vermont Law School, and the Yale School of the
Environment.
In announcing the new executive-level position, President and
Chief Executive Officer Michael A.
Stivala commented, "In 2019, Suburban launched our
Go Green with Suburban Propane
corporate pillar with the dual-purpose of advocating for the clean
attributes of traditional propane as part of the solution for the
goals of reducing greenhouse gas emissions, and our commitment to
invest in innovative solutions that can contribute to a sustainable
energy future. Over the course of the last six months, we
made great strides in advancing our strategic growth initiatives
with the supply and distribution of renewable propane, and our
investment in Oberon Fuels, a development-stage producer of a
low carbon transportation fuel."
Mr. Stivala continued, "With the creation of this new role,
which will report directly to me, Suburban will now have a
dedicated resource focused on investment and business development
opportunities in the growing renewable energy space. We are
excited to welcome Doug into the Suburban Propane family, and look
forward to his contributions toward our efforts to build out a
renewable energy platform."
About Suburban Propane Partners, L.P.
Suburban Propane
Partners, L.P. is a publicly-traded master limited partnership
listed on the New York Stock Exchange. Headquartered
in Whippany, New Jersey,
Suburban has been in the customer service business since 1928. The
Partnership serves the energy needs of approximately 1.0 million
residential, commercial, industrial and agricultural customers
through approximately 700 locations in 41 states. For
additional information on Suburban Propane, please
visit http://www.suburbanpropane.com/.
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SOURCE Suburban Propane Partners, L.P.