Ferrellgas Partners, L.P. Announces CFO Retirement
Ferrellgas Partners (OTC: FGPR) announced that Chief Financial Officer and Treasurer Michael E. Cole will retire effective May 2, 2025. The company, a technology-enabled logistics and nationwide propane distribution business, will continue its relationship with Moelis & Company to advise on financial strategies while searching for a new CFO.
CEO Tamria Zertuche praised Cole's decades of experience in finance and energy sectors, highlighting his contributions to the company's Finance and Accounting team development, including strengthening FP&A, Treasury, and Investor Relations functions. Cole's tenure was marked by his impact on key stakeholders and maintaining an employee-owner mindset essential to the company's success.
Ferrellgas Partners (OTC: FGPR) ha annunciato che il Chief Financial Officer e Tesoriere Michael E. Cole si ritirerà con effetto dal 2 maggio 2025. L'azienda, attiva nella logistica tecnologica e nella distribuzione nazionale di propano, continuerà la sua collaborazione con Moelis & Company per ricevere consulenze sulle strategie finanziarie mentre cerca un nuovo CFO.
Il CEO Tamria Zertuche ha lodato l'esperienza di decenni di Cole nei settori finanziario ed energetico, sottolineando i suoi contributi allo sviluppo del team di Finanza e Contabilità dell'azienda, inclusa la valorizzazione delle funzioni di FP&A, Tesoreria e Relazioni con gli Investitori. Il mandato di Cole è stato caratterizzato dal suo impatto sui principali stakeholder e dal mantenimento di una mentalità da dipendente-proprietario, essenziale per il successo dell'azienda.
Ferrellgas Partners (OTC: FGPR) anunció que el Director Financiero y Tesorero Michael E. Cole se retirará a partir del 2 de mayo de 2025. La empresa, que opera en logística habilitada por tecnología y distribución nacional de propano, continuará su relación con Moelis & Company para asesorar sobre estrategias financieras mientras busca un nuevo CFO.
La CEO Tamria Zertuche elogió las décadas de experiencia de Cole en los sectores financiero y energético, destacando sus contribuciones al desarrollo del equipo de Finanzas y Contabilidad de la empresa, incluyendo el fortalecimiento de las funciones de FP&A, Tesorería y Relaciones con Inversores. El mandato de Cole estuvo marcado por su impacto en los principales interesados y el mantenimiento de una mentalidad de propietario-empleado, esencial para el éxito de la empresa.
Ferrellgas Partners (OTC: FGPR)는 최고 재무 책임자이자 재무관인 Michael E. Cole가 2025년 5월 2일부로 은퇴한다고 발표했습니다. 이 회사는 기술 기반 물류 및 전국적인 프로판 유통 사업을 운영하며, 새로운 CFO를 찾는 동안 재무 전략에 대한 자문을 위해 Moelis & Company와의 관계를 계속 유지할 것입니다.
CEO Tamria Zertuche는 금융 및 에너지 분야에서 Cole의 수십 년의 경험을 칭찬하며, FP&A, 재무 및 투자자 관계 기능을 강화하는 등 회사의 재무 및 회계 팀 개발에 대한 그의 기여를 강조했습니다. Cole의 재임 기간은 주요 이해관계자에 대한 그의 영향과 회사의 성공에 필수적인 직원-소유자 마인드를 유지한 것으로 특징지어졌습니다.
Ferrellgas Partners (OTC: FGPR) a annoncé que le Directeur Financier et Trésorier Michael E. Cole prendra sa retraite à compter du 2 mai 2025. L'entreprise, spécialisée dans la logistique technologique et la distribution de propane à l'échelle nationale, continuera sa collaboration avec Moelis & Company pour conseiller sur les stratégies financières tout en recherchant un nouveau CFO.
La PDG Tamria Zertuche a salué les décennies d'expérience de Cole dans les secteurs financier et énergétique, soulignant ses contributions au développement de l'équipe Finance et Comptabilité de l'entreprise, y compris le renforcement des fonctions FP&A, Trésorerie et Relations avec les Investisseurs. Le mandat de Cole a été marqué par son impact sur les parties prenantes clés et le maintien d'un état d'esprit d'employé-propriétaire, essentiel au succès de l'entreprise.
Ferrellgas Partners (OTC: FGPR) gab bekannt, dass der Chief Financial Officer und Schatzmeister Michael E. Cole zum 2. Mai 2025 in den Ruhestand gehen wird. Das Unternehmen, das in der technologiegestützten Logistik und der landesweiten Propanverteilung tätig ist, wird die Zusammenarbeit mit Moelis & Company fortsetzen, um bei finanziellen Strategien zu beraten, während es nach einem neuen CFO sucht.
CEO Tamria Zertuche lobte Coles jahrzehntelange Erfahrung in den Finanz- und Energiesektoren und hob seine Beiträge zur Entwicklung des Finanz- und Buchhaltungsteams des Unternehmens hervor, einschließlich der Stärkung der Funktionen FP&A, Treasury und Investor Relations. Coles Amtszeit war geprägt von seinem Einfluss auf wichtige Interessengruppen und der Aufrechterhaltung einer Mitarbeiter-Eigentümer-Mentalität, die für den Erfolg des Unternehmens entscheidend ist.
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LIBERTY, Mo., March 21, 2025 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas” or the “Company”), a technology enabled logistics company and nationwide distributor of propane and related products and services, announced today that Michael E. Cole, its Chief Financial Officer and Treasurer, has declared his intention to retire effective May 2, 2025. As previously reported, the Company retained Moelis & Company LLC to advise on various financial strategies and will continue this relationship while a search for a new CFO is undertaken.
"Ferrellgas has benefited from the experience and leadership of Mike Cole,” said Tamria Zertuche, President and CEO for Ferrellgas. “Mike’s career spans multiple decades and has garnered Mike a vast portfolio of experience and knowledge in the finance and energy sectors. This is showcased in how quickly Mike made an impact on Ferrellgas and our key stakeholders. Mike has served Ferrellgas and all its key stakeholders with high integrity and the employee-owner mindset key to our continued success.”
Ms. Zertuche continued, "Mike has developed our Finance and Accounting team, adding strong and key positions within the organization. His focus on the organization has created an opportunity for us to build upon a strong foundation. We appreciate all that Mike has done to move Ferrellgas forward in several key areas, including FP&A, Treasury, and our Investor Relations outreach. We wish Mike the best in his retirement.”
About Ferrellgas
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino exchange brand is sold at more than 65,000 locations nationwide. Ferrellgas employees indirectly own 1.1 million common units of the partnership through an employee stock ownership plan. Ferrellgas Partners, L.P. filed a Form 10-K with the Securities and Exchange Commission on September 27, 2024. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com. For more information, follow Ferrellgas on Facebook, X, LinkedIn, and Instagram.
Additional Information
Investors and others should note that we may announce material information using SEC filings, press releases, public conference calls, webcasts, and the Investor Relations page of our website. We may use these channels to distribute material information about the Company and to communicate important information about corporate initiatives and other matters. Information that we may post on our website could be deemed material. Therefore, we encourage investors, the media, our customers, business partners, and others interested in the Company to review the information posted on our website.
Contact: Communications@Ferrellgas.com
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