Ferrellgas Partners, L.P. Announces CEO Transition
September 28 2016 - 7:00AM
Stephen L. Wambold Steps Down as President and
Chief Executive Officer
Ferrellgas Partners, L.P. (NYSE:FGP) (“Ferrellgas” or the
“Company”) today announced that James E. Ferrell, the Company’s
founder and Chairman of the Board of Directors, has been appointed
as Interim President and Chief Executive Officer, effective
immediately. Mr. Ferrell succeeds Stephen L. Wambold, who has
stepped down from his roles as President and Chief Executive
Officer and as a member of the Board.
About FerrellgasFerrellgas Partners, L.P.,
through its operating partnership, Ferrellgas, L.P., and
subsidiaries, serves propane customers in all 50 states, the
District of Columbia, and Puerto Rico, and provides midstream
services to major energy companies in the United States. Ferrellgas
employees indirectly own 22.8 million common units of the
partnership, through an employee stock ownership plan. Ferrellgas
Partners, L.P. filed a Form 10-K with the Securities and Exchange
Commission on September 28, 2016. Investors can request a hard copy
of this filing free of charge and obtain more information about the
partnership online at www.ferrellgas.com.
Forward Looking Statements
Statements in this release concerning expectations for the
future are forward-looking statements. A variety of known and
unknown risks, uncertainties and other factors could cause results,
performance and expectations to differ materially from anticipated
results, performance and expectations. These risks, uncertainties
and other factors are discussed in the Form 10-K of Ferrellgas
Partners, L.P., Ferrellgas Partners Finance Corp., Ferrellgas,
L.P., and Ferrellgas Finance Corp. for the fiscal year ended July
31, 2016, and in other documents filed from time to time by these
entities with the Securities and Exchange Commission.
Contact:
Jim Saladin, Media Relations – jimsaladin@ferrellgas.com, 913-661-1833
Jack Herrold, Investor Relations – jackherrold@ferrellgas.com, 913-661-1851
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