The estimated Net Worth of Frank S Hermance is at least $17.5 Milhão dollars as of 1 December 2022. Mr. Hermance owns over 12,750 units of UGI stock worth over $11,208,015 and over the last 21 years he sold UGI stock worth over $6,060,033. In addition, he makes $258,828 as Independent Director at UGI.
Frank has made over 24 trades of the UGI stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 12,750 units of UGI stock worth $282,285 on 1 December 2022.
The largest trade he's ever made was exercising 335,790 units of UGI stock on 10 February 2017 worth over $6,578,126. On average, Frank trades about 15,715 units every 41 days since 2003. As of 1 December 2022 he still owns at least 477,750 units of UGI stock.
You can see the complete history of Mr. Hermance stock trades at the bottom of the page.
Frank S. Hermance serves as Independent Director of the Company. Mr. Hermance is the retired Chairman (2001 to 2017) and Chief Executive Officer (1999 to 2016) of AMETEK, Inc. (a global manufacturer of electronic instruments and electromechanical devices). He previously served as AMETEK’s President and Chief Operating Officer (1996 to 1999). Mr. Hermance serves as Director Emeritus of the Greater Philadelphia Alliance for Capital and Technologies, as Vice Chairman of the World Affairs Council of Philadelphia, and as an advisory board member at American Securities LLP (a private equity firm). He previously served as a member of the Board of Trustees of the Rochester Institute of Technology (until November 2016) and as a Director of AmeriGas Propane, Inc., a subsidiary of the Company, until its merger into UGI Corporation in August 2019. Mr. Hermance also serves as a Director of UGI Utilities, Inc., a subsidiary of the Company. As previously announced, Mr. Hermance has been nominated to succeed Marvin O. Schlanger as Chair of the Board following the Company’s 2020 Annual Meeting. Mr. Hermance’s qualifications to serve as a director include his extensive senior management experience in the roles of Chairman, Chief Executive Officer, President and Chief Operating Officer of a large global company. The Board also considered Mr. Hermance’s relevant experience in the areas of international operations, logistics, distribution, risk management, mergers and acquisitions, corporate governance, human resources management and executive compensation.
As the Independent Director of UGI, the total compensation of Frank Hermance at UGI is $258,828. There are 17 executives at UGI getting paid more, with John Walsh having the highest compensation of $8,592,760.
Frank Hermance is 70, he's been the Independent Director of UGI since 2011. There are 1 older and 28 younger executives at UGI. The oldest executive at UGI Corp. is Marvin Schlanger, 71, who is the Independent Chairman of the Board.
Over the last 21 years, insiders at UGI have traded over $41,811,006 worth of UGI stock and bought 615,482 units worth $23,755,692 . The most active insiders traders include Lon R Greenberg, Frank S Hermance, eJohn L Walsh. On average, UGI executives and independent directors trade stock every 19 days with the average trade being worth of $754,661. The most recent stock trade was executed by Jean Felix Tematio on 18 July 2024, trading 4,020 units of UGI stock currently worth $94,309.
ugi corporation (the “company”) is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services. we are a domestic and international retail distributor of propane and butane (which are liquefied petroleum gases (“lpg”)); a provider of natural gas and electric service through regulated local distribution utilities; a generator of electricity; a regional marketer of energy commodities; an owner and manager of midstream assets; and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. our subsidiaries and affiliates operate principally in the following six business segments: • amerigas propane • international propane - antargaz • international propane - flaga & other • energy services • electric generation • gas utility ugi corporation (nyse:ugi) is a fortune 500 company that provides investors with a balanced growth and income vehicle. ugi has paid common dividend
UGI executives and other stock owners filed with the SEC include: