Utilities
UGI Corp Executive Compensation (FY25)
UGI · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): February 4, 2026
285 figures on this page: 274 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
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 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Robert Beard Former Chief Operations Officer | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Sean O'Brien Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Bob Flexon | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Bob Flexon | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Joseph Hartz | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Joseph Hartz | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kathleen Shea Ballay | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kathleen Shea Ballay | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mario Longhi | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mario Longhi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Sharp | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Sharp | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sean O'Brien | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Sean O'Brien | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael Sharp | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Robert Beard | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/31/3033 | |
| Option | ◇ | — | ◇ | 1/11/2033 | |
| Mario Longhi | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Sean O'Brien | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| Option | ◇ | — | ◇ | 4/10/2033 | |
| Kathleen Ballay | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 12/31/2033 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Joseph Hartz | Option | ◇ | — | ◇ | 12/31/2033 |
| PSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 1/11/2033 | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Bob Flexon | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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.
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.
Stock ownership guideline: 5x base annual cash retainer
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | January 30, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | January 31, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | January 26, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | January 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | January 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | January 29, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | January 22, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | January 30, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | January 25, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | January 24, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | January 28, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
285 figures on this page: 274 cited to the filing that reported them, 11 calculated from figures it prints.
274 cited to the filing
11 calculated from the filing
Documents cited
- 0001104659-26-010315
- 0001104659-25-122095CEO PAY RATIO · Determination of Non-Employee Director Compensation · Director Compensation in Fiscal 2025 · Grants of Plan-Based Awards · and 2 more sections
- 0001558370-25-000628
- 0001558370-24-016395
- 0001140361-24-004863
- 0000884614-23-000020
- 0000884614-22-000006
- 0000884614-21-000006
- 0000884614-20-000003
- 0001564590-19-001818
- 0001299933-18-000102
- 0001299933-17-000088
- 0001299933-16-001990
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “UGI Corp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/UGI (accessed 2026).
Short form: data: Velarion
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about UGI Corp and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Utilities rankings
Peers UGI Corp discloses
The companies named in UGI's own disclosed peer group.
Terms on this page
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}
}