AmeriGas Propane, the general partner of AmeriGas Partners (NYSE:APU) and subsidiary of propane distributor UGI (NYSE:UGI), announced Monday that it has promoted its treasurer, Hugh J. Gallagher, to the position of company vice president for finance, and chief financial officer.
Current company CFO John Iannarelli is leaving the company, and so Gallagher will replace him effective May 20. Gallagher will simultaneously continue serving as company treasurer until a replacement can be named for that position.
Gallagher has a long history within the AmeriGas family of companies, first joining UGI in 1990 and serving in various executive positions both there and at AmeriGas. AmeriGas CEO Jerry Sheridan highlighted this breadth of experience as key to Gallagher's promotion, noting that his "demonstrated track record and hands-on business experience at both UGI and AmeriGas made him the perfect candidate."