UGI Corporation Names Michael Sharp as President & CEO of AmeriGas Propane

December 18, 2024 at 09:00 AM EST

UGI Corporation (NYSE: UGI) announced today that Michael Sharp has been appointed as President of AmeriGas Propane, effective December 30, 2024.

“I am pleased to welcome Michael to AmeriGas, and I look forward to our reuniting and working closely together to drive performance in the business,” said Bob Flexon, President & CEO of UGI Corporation. “Having worked closely with Mike before, I am very familiar with his leadership capabilities, his thoughtful approach to business, and his ability to embrace and drive change that leads to performance. Mike’s experience in physical and financial commodity management, hands on operations, and driving an operating culture will be of significant value to AmeriGas, its customers, and employees. He has a proven track record in transforming and maximizing the value of assets and organizations and creating an environment that promotes a strong safety mindset and a high-performing customer service-oriented culture. I am happy to have someone with his capabilities joining us to lead AmeriGas.”

“I am excited to join AmeriGas and for the opportunity to lead this notable company that has been meeting the energy needs of countless customers for many decades,” commented Mr. Sharp. “While there is a lot of work ahead to improve the underlying business operations, strengthen customer relationships, and transform the financial position of AmeriGas, I am looking forward to working closely with the team to drive meaningful change, creating greater value for all.”

Mr. Sharp joins AmeriGas from Talen Energy, LLC where he has served as Vice President of Asset Management since 2023 and was responsible for integrating the operational and commercial aspects of the fleet to maximize long-term value. Prior to Talen Energy, Mr. Sharp held several senior leadership positions, including Chief Operations Officer at Virgin Islands Water & Power Authority, Senior Vice President of Commercial Asset Management at Dynegy, and General Manager of Commercial Generation for Duke Energy.

About UGI

UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

About AmeriGas Propane

AmeriGas Propane is the largest retail propane distributor in the United States, with more than 820 million gallons sold annually to over 1.1 million customers in all 50 states from approximately 1,360 locations.