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Utilities

UGI Corp Executive Compensation (FY25)

UGI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Robert Flexon
Median of the other named officers
$3,230,990
6 officers, excluding the chief executive
Latest say-on-pay support
=
January 30, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): February 4, 2026
14 filings cited on this page
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329 figures on this page: 318 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on UGI Corp

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Mario Longhi → Robert Flexon
Say-on-pay support: 94.5% → 94.9% (0.4 points higher)
CEO pay ratio: 84:1 → 125:1 (48.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is UGI Corp's chief executive and what were they paid?
Robert Flexon, President and Chief Executive Officer, received $8,991,090 in total compensation for fiscal 2025.
What was UGI Corp's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.9% of votes cast for or against in favor at the meeting held January 30, 2026.
Which companies are in UGI Corp's peer group?
The disclosed peer group includes Assurant, Inc., Bath & Body Works, BorgWarner Inc., Campbell Soup Company and Clorox Company, among others.
What is UGI Corp's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 125:1, against median employee compensation of $74,756.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Roger Perreault
President and CEO
◇—◇◇◇—◇◇
Ted J. Jastrzebski
Chief Financial Officer
◇—◇◇◇—◇◇
Robert F. Beard
Executive Vice President, Natural Gas, Global Engineering & Construction, and Procurement
◇—◇◇◇◇◇◇
Monica M. Gaudiosi
Vice President, General Counsel and Secretary
◇—◇◇◇—◇◇
Judy Zagorski
Chief Human Resources Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Beard
Former Chief Operations Officer
◇—◇◇◇◇◇◇
Sean O'Brien
Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mario Longhi
Former Interim President and Chief Executive Officer; Non-Executive Board Chair
Served on an interim basis
◇—◇—◇—◇◇
Robert Beard
Former Chief Operations Officer
◇—◇◇◇◇◇◇
Sean O'Brien
Chief Financial Officer
◇—◇◇◇—◇◇
Kathleen Shea Ballay
General Counsel, Chief Legal Officer & Chief Compliance Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Flexon
President and Chief Executive Officer
◇◇◇—◇—◇◇
Robert Beard
Former Chief Operations Officer
Departed during or after this year
◇————◇◇◇
Michael Sharp
President, AmeriGas Propane, Inc.
◇◇◇—◇—◇◇
Sean O'Brien
Chief Financial Officer
◇—◇—◇—◇◇
Mario Longhi
Former Interim President and Chief Executive Officer; Non-Executive Board Chair
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
Kathleen Shea Ballay
General Counsel, Chief Legal Officer & Chief Compliance Officer
◇—◇—◇—◇◇
Joseph Hartz
President, UGI Energy Services, LLC
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bob FlexonPSU◇◇◇—◇—◇
Bob FlexonRSU◇——◇——◇
Joseph HartzPSU◇◇◇—◇—◇
Joseph HartzRSU◇——◇——◇
Kathleen Shea BallayPSU◇◇◇—◇—◇
Kathleen Shea BallayRSU◇——◇——◇
Mario LonghiRSU◇——◇——◇
Mario LonghiPSU◇◇◇—◇—◇
Michael SharpPSU◇◇◇—◇—◇
Michael SharpRSU◇——◇——◇
Robert FlexonRSU◇——◇——◇
Robert FlexonPSU◇◇◇—◇—◇
Sean O'BrienRSU◇——◇——◇
Sean O'BrienPSU◇◇◇—◇—◇
Fiscal 2022 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael SharpRSU◇◇——
PSU◇◇——
Robert BeardPSU◇◇——
PSU◇◇——
Option◇—◇12/31/3033
PSU◇◇——
PSU◇◇——
Option◇—◇1/11/2033
Mario LonghiPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Sean O'BrienRSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇12/31/2033
PSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇4/10/2033
Kathleen Shea BallayPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇12/31/2033
Bob FlexonPSU◇◇——
RSU◇◇——
Joseph HartzPSU◇◇——
Option◇—◇12/31/2033
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇1/11/2033
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Joseph Hartz
President, UGI Energy Services, LLC · Change-in-control agreement
Change-in-control multiple◇
Kathleen Shea Ballay
General Counsel, Chief Legal Officer & Chief Compliance Officer · Change-in-control agreement
Change-in-control multiple◇
Michael Sharp
President, AmeriGas Propane, Inc. · Change-in-control agreement
Change-in-control multiple◇
Robert Flexon
President and Chief Executive Officer · Change-in-control agreement
Change-in-control multiple◇
Sean O'Brien
Chief Financial Officer · Change-in-control agreement
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mario Longhi
Board chair
◇◇———◇◇
Tina V. Faraca
◇◇◇———◇
Alan N. Harris
◇◇————◇
M. Shawn Bort
◇◇————◇
David Bingenheimer
◇◇————◇
Melanie Ruiz
◇◇————◇
Theodore A. Dosch
◇◇————◇
Kelly A. Romano
◇◇————◇
Santiago Seage
◇◇————◇
William Marrazzo
◇————◇◇
Robert C. Flexon served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Stock Units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Assurant, Inc. AIZ
  • Bath & Body Works BBWI
  • BorgWarner Inc. BWA
  • Campbell Soup Company CPB
  • Clorox Company CLX
  • EQT Corporation EQT
  • Hasbro, Inc. HAS
  • Invesco Ltd. IVZ
  • JetBlue Airways Corporation JBLU
  • Lamb Weston Holdings, Inc. LW
  • Maximus, Inc. MMS
  • MDU Resources Group, Inc. MDU
  • NiSource Inc. NI
  • Nordstrom, Inc. JWN
  • Norwegian Cruise Line Holdings Ltd. NCLH
  • PPL Corporation PPL
  • PVH Corp. PVH
  • Reliance Steel & Aluminum Co. RS
  • Science Applications International Corporation SAIC
  • Seagate Technology Holdings plc STX
  • Sealed Air Corporation SEE
  • Stanley Black & Decker, Inc. SWK
  • The AES Corporation AES
  • The Chemours Company CC
  • Unum Group UNM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025January 30, 2026=◇◇◇
2024January 31, 2025=◇◇◇
2023January 26, 2024=◇◇◇
2022January 27, 2023=◇◇◇
2021January 28, 2022=◇◇◇
2020January 29, 2021=◇◇◇
2019January 22, 2020=◇◇◇
2018January 30, 2019=◇◇◇
2017January 25, 2018=◇◇◇
2016January 24, 2017=◇◇◇
2015January 28, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Robert Flexon (President and Chief Executive Officer), FY2025 total compensation $8,991,090 (base salary $1,021,722) [exec_comp, SEC accession 0001104659-25-122095, filed 2025-12-17]

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What this page does not include

Everything above is a fact UGI Corp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where UGI Corp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
329 figures on this page: 318 cited to the filing that reported them, 11 calculated from figures it prints.
318 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001104659-26-010315
  2. 0001104659-25-122095
    CEO PAY RATIO · Determination of Non-Employee Director Compensation · EXECUTIVE OFFICER COMPENSATION – EXECUTIVE COMPENSATION TABLES · Grants of Plan-Based Awards · and 2 more sections
  3. 0001558370-25-000628
  4. 0001558370-24-016395
  5. 0001140361-24-004863
  6. 0000884614-23-000020
  7. 0001140361-22-045549
    Compensation of Executive Officers - Executive Compensation Tables
  8. 0000884614-22-000006
  9. 0000884614-21-000006
  10. 0000884614-20-000003
  11. 0001564590-19-001818
  12. 0001299933-18-000102
  13. 0001299933-17-000088
  14. 0001299933-16-001990
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “UGI Corp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UGI (accessed 2026).
Short form: data: Velarion

The paid brief for UGI Corp

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
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14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
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Utilities rankings

Chief executive pay — UtilitiesCEO pay ratio — UtilitiesSay-on-pay support — Utilities

Peers UGI Corp discloses

The companies named in UGI's own disclosed peer group.

Assurant, Inc.Bath & Body WorksBorgWarner Inc.Campbell Soup CompanyClorox CompanyEQT CorporationHasbro, Inc.Invesco Ltd.JetBlue Airways CorporationLamb Weston Holdings, Inc.Maximus, Inc.MDU Resources Group, Inc.NiSource Inc.Nordstrom, Inc.Norwegian Cruise Line Holdings Ltd.PPL CorporationPVH Corp.Reliance Steel & Aluminum Co.Science Applications International CorporationSeagate Technology Holdings plcSealed Air CorporationStanley Black & Decker, Inc.The AES CorporationThe Chemours Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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