UGI Appoints Sean P. O’Brien as Chief Financial Officer; Ted Jastrzebski to Retire as Chief Financial Officer
March 14 2023 - 4:15PM
Business Wire
UGI Corporation (NYSE: UGI) announced today that Sean P. O’Brien
will succeed Ted Jastrzebski as Chief Financial Officer (CFO),
effective on April 11. Jastrzebski has announced his intent to
retire but will remain with the Company until early June to
complete key projects and ensure a smooth transition.
“I want to express my deepest appreciation for the many
contributions Ted has made to UGI since he joined in 2018,” said
Roger Perreault, UGI’s President and CEO. “He has helped us build a
stronger and more efficient Finance function, successfully drove
strategic productivity and efficiency initiatives across the
organization, enhanced our investor relations capabilities, and has
been a great leader. Ted’s professionalism, in addition to his
financial expertise, were huge assets for our Company and he will
be missed.”
“We are very excited to welcome Sean to UGI,” continued
Perreault. “I am confident that he will be an excellent fit and
make significant contributions to our Executive Leadership Team.
Sean’s key areas of responsibility as Chief Financial Officer will
be to continue the development of our Finance organization and
investor relations capabilities. In particular, his deep experience
in the Energy sector will allow him to hit the ground running and
make an immediate impact at UGI.”
O'Brien has more than 25 years of experience working in roles of
increasing responsibility for publicly traded companies. Most
recently he was with DCP Midstream, a $16 billion, publicly traded,
midstream energy asset portfolio company, where he spent the past
14 years and served as Group Vice President and Chief Financial
Officer since 2012. Prior to DCP Midstream, O'Brien was at Duke
Energy Corporation where he gained experience in financial planning
and forecasting, economic analysis, and served as a business unit
Controller and Chief Financial Officer. He graduated from Temple
University with a degree in accounting.
“This is an exciting time for the Company,” concluded Perreault.
“We continue to pursue our ‘three R’ strategy to deliver Reliable
earnings growth, invest in Renewables, and Rebalance our portfolio.
We are confident that Sean will make significant contributions to
our strategy and help us deliver long-term value for our
shareholders.”
UGI Corporation
UGI Corporation is a distributor and marketer of energy products
and services. Through subsidiaries, UGI operates natural gas and
electric utilities in Pennsylvania, natural gas utilities in West
Virginia, distributes LPG both domestically (through AmeriGas) and
internationally (through UGI International), manages midstream
energy assets in Pennsylvania, Ohio, and West Virginia and electric
generation assets in Pennsylvania, and engages in energy marketing,
including renewable natural gas in the Mid-Atlantic region of the
United States and California and internationally in France,
Belgium, and the Netherlands.
Comprehensive information about UGI Corporation is available on
the Internet at https://www.ugicorp.com.
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