AmeriGas Propane Inc., general partner of AmeriGas Partners, L.P. (NYSE:APU), announced today that Anne Pol has been elected a director of AmeriGas Propane, Inc.
Lon R. Greenberg, chairman of the board of AmeriGas, and chairman and chief executive officer of UGI Corporation (NYSE: UGI), said, “In Anne Pol, AmeriGas has found an individual who has been successful in a variety of senior management roles in both publicly traded companies and in the private sector. Anne has served as a director of UGI Corporation and UGI Utilities, Inc. for nearly 18 years and AmeriGas will certainly benefit from her experience and input in the future.”
Pol, 65, retired in 2005 as President and Chief Operating Officer of Trex Enterprises Corporation (a high technology research and development company). Previously, she served as Senior Vice President of Thermo Electron Corporation (an environmental monitoring and analytical instruments company and a major producer of recycling equipment, biomedical products and alternative energy systems). Mrs. Pol also served as President of Pitney Bowes Shipping and Weighing Systems Division, a business unit of Pitney Bowes Inc.
Concurrently, Dr. Stephen Ban retired from the boards of AmeriGas Propane, Inc., UGI Corporation and UGI Utilities, Inc. having reached the mandatory retirement age. Greenberg noted, “Steve’s contribution to both AmeriGas and UGI is clearly reflected in the success we have achieved during his nearly 22 year tenure. His strong leadership, outstanding judgment, and extensive knowledge of gas markets will be missed and all of us wish him well in retirement.”
AmeriGas is the nation’s largest retail propane marketer, serving over two million customers in all 50 states from over 2,100 locations. UGI Corporation, through subsidiaries, is the sole General Partner and owns 26% of the Partnership. An affiliate of Energy Transfer Partners, L.P. owns 32% of the Partnership and the public owns the remaining 42%.