UGI Corporation appoints Sean O’Brien as new Chief Financial Officer starting April
Effective on April 11, 2023, a new CFO will take the reins at UGI Corporation, as current CFO Ted Jastrzebski begins the process of retirement after serving five years in the role.
In his place, the company will gain Sean O’Brien, a more than 25-year veteran of publicly traded companies like UGI. Most recently, he worked at DCP Midstream – a midstream energy asset portfolio company – as Group Vice President and CFO since 2012. Prior to this, he worked at Duke Energy Corporation, also as a CFO and as a business unit controller. He graduated from Temple University with a degree in accounting.
“We are very excited to welcome Sean to UGI,” Roger Perreault, UGI president and CEO, said. “I am confident that he will be an excellent fit and make significant contributions to our Executive Leadership Team. Sean’s key areas of responsibility as Chief Financial Officer will be to continue the development of our Finance organization and investor relations capabilities. In particular, his deep experience in the Energy sector will allow him to hit the ground running and make an immediate impact at UGI.”
Jastrzebski will not fully leave until early June to finish up key projects and help with the transition. He first joined the company in 2018, and Perreault credited him with many contributions during that time.
“He has helped us build a stronger and more efficient Finance function, successfully drove strategic productivity and efficiency initiatives across the organization, enhanced our investor relations capabilities, and has been a great leader,” Perreault said. “Ted’s professionalism, in addition to his financial expertise, were huge assets for our Company, and he will be missed.”
For the company itself, the focus will continue to be on reliable earnings growth, renewables investment, and rebalancing of its portfolio. UGI oversees both natural gas and electric utility subsidiaries in Pennsylvania, natural gas utilities in West Virginia, distributes liquefied petroleum gas (LPG) through AmeriGas domestically and internationally through UGI International, manages midstream energy assets in Pennsylvania, Ohio, and West Virginia, electric generation assets in Pennsylvania and more.
