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UGI Corporation Announces Energy Services Succession

February 15, 2017

Bradley C. Hall to retire as President of UGI Energy Services

Joseph L. Hartz to be named President of UGI Energy Services

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) announced today that Bradley C. Hall, president of UGI Energy Services, intends to retire after a 34-year career with the company. Joseph L. Hartz, chief operating officer of UGI Energy Services, has been named president of UGI Energy Services, effective March 6, 2017.

Mr. Hall joined UGI in 1982 and held several leadership positions during his tenure with the company. Initially a member of the utility business, where he held leadership roles in marketing and rates, Mr. Hall moved on to lead UGI’s corporate development program in 1994. Mr. Hall oversaw the company’s highly successful expansion into Europe and began UGI’s natural gas marketing business. He was named president of the Energy Services segment in 1995 and since that time has grown the business into a preeminent natural gas marketer and operator of midstream assets in the Mid-Atlantic region.

John L. Walsh, president and chief executive officer of UGI, said, “Brad has contributed tremendous leadership and vision to UGI during his career with the company. In addition to his numerous business achievements, he is an outstanding colleague who has mentored many other leaders within the organization and championed our participation in the United Way. We thank Brad for his exemplary service to the company and wish him a happy and well-earned retirement. We are delighted that Joe Hartz, a proven leader with deep industry and company experience, will be succeeding Brad. We are confident that Joe will continue to excel in his new role and serve the company with distinction, as he has for over 30 years.”

Mr. Hartz joined UGI in 1985 as an accountant within the utility business. He joined Energy Services in 1995 where he has served as vice president – assets and supply, chief financial officer, and, in 2014, was named chief operating officer.

Mr. Hartz earned a Bachelor of Science from Pennsylvania State University and attended the Executive Program at Pennsylvania State University and the Advanced Management Program at the Sloan School of Management at the Massachusetts Institute of Technology.

About UGI Corporation

UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in Pennsylvania, and engages in energy marketing in ten states and the District of Columbia. UGI, through subsidiaries, is the sole General Partner and owns 26% of AmeriGas Partners, L.P. (NYSE:APU), the nation's largest retail propane distributor.

About UGI Energy Services, LLC

UGI Energy Services is a subsidiary of UGI Corporation. UGI Energy Services markets natural gas, electricity and liquid fuels to approximately 16,000 residential, commercial, industrial, institutional and government customers in ten states and Washington, D.C. In addition, UGI Energy Services owns and operates a variety of midstream natural gas assets that support the storage, transportation and delivery of natural gas in the Mid-Atlantic region and also owns and operates electric generation assets in Pennsylvania.

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

Source: UGI Corporation

UGI Corporation

Will Ruthrauff, 610-337-1000 ext. 6571

Shelly Oates, 610-337-1000 ext. 3202

Crude Oil PRICE: $ Volume:
Natural Gas PRICE: $ 2.96 +0.02 +0.58% Volume: 453 September 22, 2017
Propane PRICE: $ 0.881 +0.001 +0.15% Volume: 0 Pricing delayed 20 minutes September 22, 2017