AmeriGas Partners, L.P's (APU) general partner AmeriGas Propane announced that Chief Executive Officer Jerry Sheridan is leaving the company and will be replaced by Chief Financial Officer Hugh Gallagher. The changes take effect on September 18, 2018. Sheridan will remain an AmeriGas employee until January to help with the change in leadership.
Sheridan also has resigned from the company's board.
AmeriGas Partners, L.P. is a holding company. The Company is a retail propane distributor in the United States. It serves approximately two million residential, commercial, industrial, agricultural, wholesale and motor fuel customers in all 50 states from approximately 2,000 propane distribution locations. It operates through the segment that engages in the distribution of propane and related equipment and supplies. The Company conducts its business through its subsidiary, AmeriGas Propane, L.P. The Partnership also sells, installs and services propane appliances, including heating systems, and operates a residential heating, ventilation, air conditioning, plumbing, and related services business in certain counties of Pennsylvania, Delaware, and Maryland. The Partnership operates as an interstate carrier in all states across the continental United States. The Company's AmeriGas Cylinder Exchange program enables consumers to purchase or exchange propane cylinders at retail locations.