UGI Names Villanova Alum Flexon CFO

By Philadelphia Business Journal

UGI Corp. said Monday it has named Robert C. Flexon chief financial officer, effective Feb. 14.

Flexon will replace Peter Kelly, who will be retiring as announced last July.

Flexon, 52, resigned as CEO of Foster Wheeler AG (NASDAQ:FWLT) to pursue other interests in October after less than five months on the job. Prior to taking the helm of the Geneva, Switzerland-based global engineering and construction firm, he headed its U.S. division, which is based in Houston.

Before joining Foster Wheeler, Flexon was CFO and chief operating officer with NRG Energy Inc., a Princeton, N.J., wholesale power generator. He has a bachelorâ¿¿s degree in accounting from Villanova University and lived in Bucks County, Pa., when he was named CEO of Foster Wheeler last year, according to a report in The Express Times.

UGI is based in Valley Forge, Pa. Its subsidiaries run electric and natural gas utilities and manage power generation and midstream natural gas operations in Pennsylvania; market energy in the Middle Atlantic States; and distribute propane domestically and in Europe.

UGIâ¿¿s press release on Flexonâ¿¿s appointment is here.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/philadelphia/news/2011/01/24/ugi-names-villanova-alum-flexon-cfo.html?ana=thestreet

Copyright bizjournals.com 2010

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