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UGI Corporation Elects Tina Faraca to its Board of Directors

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UGI (NYSE: UGI) has announced the election of Tina Faraca to its Board of Directors, effective August 7, 2024. Ms. Faraca, currently serving as Executive Vice President and President of U.S. Natural Gas Pipelines at TC Energy , brings extensive experience in energy infrastructure and strategic planning. Her appointment is expected to bolster UGI's leadership with her industry expertise and operational knowledge.

Prior to her role at TC Energy, Ms. Faraca held key positions at Enable Midstream Partners and Enbridge, showcasing a strong background in commercial operations and strategic development within the energy sector. UGI's Interim President and CEO, Mario Longhi, expressed confidence that Ms. Faraca's experience will be a valuable asset to the company's board.

UGI (NYSE: UGI) ha annunciato l'elezione di Tina Faraca nel suo Consiglio di Amministrazione, con decorrenza 7 agosto 2024. La signora Faraca, attualmente Vice Presidente Esecutivo e Presidente delle Pipeline di Gas Naturale negli Stati Uniti di TC Energy, porta con sé una vasta esperienza nelle infrastrutture energetiche e nella pianificazione strategica. Si prevede che la sua nomina rafforzi la leadership di UGI grazie alla sua competenza nel settore e alla sua conoscenza operativa.

Prima del suo ruolo in TC Energy, la signora Faraca ha ricoperto posizioni chiave in Enable Midstream Partners e Enbridge, dimostrando un forte background nelle operazioni commerciali e nello sviluppo strategico all'interno del settore energetico. Mario Longhi, Presidente e CEO ad interim di UGI, ha espresso fiducia che l'esperienza della signora Faraca sarà un prezioso contributo per il consiglio dell'azienda.

UGI (NYSE: UGI) ha anunciado la elección de Tina Faraca en su Junta Directiva, efectiva a partir del 7 de agosto de 2024. La Sra. Faraca, que actualmente se desempeña como Vicepresidenta Ejecutiva y Presidenta de Gasoductos de Gas Natural de EE. UU. en TC Energy, aporta una amplia experiencia en infraestructura energética y planificación estratégica. Se espera que su nombramiento refuerce el liderazgo de UGI con su experiencia en la industria y conocimiento operativo.

Antes de su papel en TC Energy, la Sra. Faraca ocupó puestos clave en Enable Midstream Partners y Enbridge, mostrando un sólido trasfondo en operaciones comerciales y desarrollo estratégico dentro del sector energético. Mario Longhi, Presidente y CEO interino de UGI, expresó su confianza en que la experiencia de la Sra. Faraca será un valioso activo para la junta de la empresa.

UGI (NYSE: UGI)는 Tina Faraca를 이사회의 일원으로 선출했다고 발표했으며, 이는 2024년 8월 7일부터 효력이 발생합니다. Faraca 씨는 현재 TC Energy의 미국 천연가스 파이프라인 부문 부사장 겸 사장으로 재직 중이며, 에너지 인프라 및 전략적 계획 분야에서 폭넓은 경험을 가지고 있습니다. 그녀의 임명은 UGI의 리더십을 강화하고 그녀의 산업 전문성과 운영 지식이 기여할 것으로 기대됩니다.

TC Energy에서의 역할 이전에, Faraca 씨는 Enable Midstream Partners와 Enbridge에서 주요 직책을 맡아 에너지 부문 내 상업 운영 및 전략적 개발에 대한 강력한 배경을 보여주었습니다. UGI의 임시 사장 겸 CEO인 Mario Longhi는 Faraca 씨의 경험이 회사 이사회에 귀중한 자산이 될 것이라고 확신을 표명했습니다.

UGI (NYSE: UGI) a annoncé l'élection de Tina Faraca au sein de son Conseil d'administration, avec effet à partir du 7 août 2024. Mme Faraca, actuellement Vice-présidente exécutive et Présidente des pipelines de gaz naturel aux États-Unis chez TC Energy, apporte une vaste expérience en infrastructure énergétique et en planification stratégique. Sa nomination devrait renforcer le leadership d'UGI grâce à son expertise dans l'industrie et à sa connaissance opérationnelle.

Avant son rôle chez TC Energy, Mme Faraca a occupé des postes clés chez Enable Midstream Partners et Enbridge, témoignant d'une solide expérience dans les opérations commerciales et le développement stratégique au sein du secteur énergétique. Mario Longhi, Président et PDG par intérim d'UGI, a exprimé sa confiance que l'expérience de Mme Faraca sera un atout précieux pour le conseil d'administration de l'entreprise.

UGI (NYSE: UGI) hat die Wahl von Tina Faraca in seinen Vorstand bekannt gegeben, wirksam ab dem 7. August 2024. Frau Faraca, die derzeit als Geschäftsführende Vizepräsidentin und Präsidentin der US-Naturgas-Pipelines bei TC Energy tätig ist, bringt umfassende Erfahrung im Bereich der Energieinfrastruktur und strategischen Planung mit. Ihre Ernennung wird voraussichtlich die Führung von UGI durch ihre Branchenkenntnis und operatives Wissen stärken.

Vor ihrer Rolle bei TC Energy hatte Frau Faraca wichtige Positionen bei Enable Midstream Partners und Enbridge inne und zeigte einen starken Hintergrund in den Geschäftsabläufen und strategischen Entwicklungen im Energiesektor. Mario Longhi, interimistischer Präsident und CEO von UGI, äußerte sich zuversichtlich, dass Frau Faracas Erfahrung eine wertvolle Bereicherung für den Vorstand des Unternehmens sein wird.

Positive
  • Addition of an experienced energy industry executive to the Board of Directors
  • Potential for fresh strategic insights from a leader in natural gas pipeline operations
  • Enhanced expertise in commercial and operational aspects of energy infrastructure
Negative
  • None.

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) announced today that Tina Faraca was elected a director of UGI Corporation, effective August 7, 2024. Ms. Faraca is the Executive Vice President and President, U.S. Natural Gas Pipelines, for TC Energy Corporation (TSX, NYSE: TRP), a North American energy infrastructure company that safely moves, generates and stores energy, and she is responsible for leading commercial and operational matters across TC Energy’s regulated natural gas transmission and storage business. Ms. Faraca joined TC Energy in 2020.

Mario Longhi, Interim President and Chief Executive Officer, said, “Tina’s leadership, operational and strategic planning experience as a member of the executive leadership team of an energy infrastructure company as well as her in-depth expertise in the energy industry will be an asset to UGI. We are looking forward to welcoming Tina to our Board of Directors.”

Prior to joining TC Energy, Ms. Faraca served as Chief Commercial Officer (2019-2020) and Senior Vice President, Commercial (2018-2019) of Enable Midstream Partners. She also served in a number of leadership roles with Enbridge (2001-2018) and its predecessors, Spectra Energy and Duke Energy, including as Vice President, U.S. Engineering and Construction (2012-2018), Vice President, Strategy Development (2011-2012) and President, Maritimes and Northeast Pipeline (2007-2011).

About UGI

UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

INVESTOR RELATIONS

610-337-1000

Tameka Morris, ext. 6297

Arnab Mukherjee, ext. 7498

Source: UGI Corporation

FAQ

When will Tina Faraca join UGI 's Board of Directors?

Tina Faraca will join UGI 's Board of Directors effective August 7, 2024.

What is Tina Faraca's current position outside of UGI ?

Tina Faraca is currently the Executive Vice President and President of U.S. Natural Gas Pipelines at TC Energy

How might Tina Faraca's experience benefit UGI (UGI)?

Tina Faraca's leadership in energy infrastructure, operational experience, and strategic planning expertise are expected to be valuable assets to UGI 's board, potentially enhancing the company's strategic direction in the energy sector.

What notable positions did Tina Faraca hold before joining TC Energy?

Before TC Energy, Tina Faraca served as Chief Commercial Officer at Enable Midstream Partners and held various leadership roles at Enbridge, including Vice President of U.S. Engineering and Construction.

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