Parent Announces New EVP Overseeing Marketing Business, Including Retail Supplier

UGI Corporation (UGI or the Company) announced the appointment of Robert F. Beard to the newly created position of Executive Vice President, Natural Gas, effective October 1, 2018.

As Executive Vice President, Natural Gas, Beard will be responsible for utility operations as well as the midstream and marketing activities of the company, conducted through UGI Utilities, Inc. and UGI Energy Services, LLC and their subsidiaries.

Beard will work closely with Joseph L. Hartz, President of UGI Energy Services.

Beard will remain President and Chief Executive Officer of UGI Utilities, a position he has held since 2011.

Beard joined UGI Utilities in 2008 and previously served as Vice President, Marketing, Rates and Gas Supply and as Vice President, Southern Region of UGI Utilities.

UGI also announced the appointment of Roger Perreault to the newly created position of Executive Vice President, Global LPG

John L. Walsh, President and Chief Executive Officer of the Company, stated, "The creation of these two new executive roles will allow us to better support strategic initiatives, accelerate growth, drive efficiencies and foster best practice sharing across the Company’s four business segments."

"Appointment of two highly-regarded executives to these critical roles will allow us to enhance our focus on identifying and developing the strategic growth opportunities that are so critical to our future. It will also enable us to more fully leverage the 'common ground' within our primary lines of business," Mr. Walsh added.