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UGI > SEC Filings for UGI > Form 8-K on 21-Nov-2012All Recent SEC Filings

Show all filings for UGI CORP /PA/

Form 8-K for UGI CORP /PA/


Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously announced, Lon R. Greenberg will retire in the spring of 2013 as Chief Executive Officer of UGI Corporation (the "Company"). In connection with his retirement as Chief Executive Officer, Mr. Greenberg will cease to serve as the executive Chairman of the Company's Board of Directors. Upon his retirement, Mr. Greenberg will serve as the Non-Executive Chairman of the Company's Board of Directors. In consideration for Mr. Greenberg's service as Non-Executive Chairman and subject to Mr. Greenberg's election as a Director at the Company's Annual Meeting of Shareholders on January 24, 2013, the Company's Board of Directors approved an annual retainer of $400,000, which will be pro-rated for the number of months Mr. Greenberg serves as Non-Executive Chairman during Fiscal 2013. Mr. Greenberg will not receive any equity compensation for his service as Non-Executive Chairman.

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