The estimated Net Worth of Marvin O Schlanger is at least $3.22 Million dollars as of 16 December 2020. Mr. Schlanger owns over 12,750 units of UGI stock worth over $2,664,728 and over the last 21 years he sold UGI stock worth over $1,061. In addition, he makes $557,171 as Independent Chairman of the Board at UGI.
Marvin has made over 19 trades of the UGI stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 12,750 units of UGI stock worth $240,465 on 16 December 2020.
The largest trade he's ever made was exercising 14,400 units of UGI stock on 10 May 2010 worth over $124,272. On average, Marvin trades about 3,320 units every 116 days since 2004. As of 16 December 2020 he still owns at least 113,586 units of UGI stock.
You can see the complete history of Mr. Schlanger stock trades at the bottom of the page.
Marvin O. Schlanger serves as Independent Chairman of the Board of the Company. He is a Principal in the firm of Cherry Hill Chemical Investments, L.L.C. (a management services and capital firm for chemical and allied industries) (since 1998). Mr. Schlanger served as Chief Executive Officer of CEVA Holdings BV and CEVA Holdings, LLC, an international logistics supplier (2012 to 2013). Mr. Schlanger currently serves as a Director of UGI Utilities, Inc., a subsidiary of the Company, and on the advisory board of the Kleinman Center for Energy Policy at the University of Pennsylvania. He previously served as a director of CEVA Logistics AG (2018 to 2019), CEVA Holdings, LLC (2009 to 2018), CEVA Group, plc (2009 to 2018), Hexion, Inc. (2014 to 2019), Momentive Performance Materials, Inc. (2010 to 2019), and VECTRA Company (2015 to 2018). Mr. Schlanger also served as a Director of AmeriGas Propane, Inc. (2009 to 2019), a subsidiary of the Company, until its merger into UGI Corporation in August 2019. As previously disclosed, Mr. Schlanger has announced his intention to retire from the Company’s Board of Directors, effective as of the Company’s Annual Meeting of Shareholders to be held in January 2021. Mr. Schlanger has been nominated to serve as the Company’s Vice Chair of the Board following the Company’s 2020 Annual Meeting to facilitate the transition to Mr. Hermance as the incoming Chair of the Board. Mr. Schlanger’s qualifications to serve as a director include his senior management, strategic planning, business development, risk management, and general operational experience. Additionally, by virtue of his prior experience as Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer of a large public company, ARCO Chemical Company, and his experience serving as Chair, director and committee member on the boards of directors of large public and private international companies, Mr. Schlanger also possesses in-depth knowledge in the areas of executive compensation.
As the Independent Chairman of the Board of UGI, the total compensation of Marvin Schlanger at UGI is $557,171. There are 14 executives at UGI getting paid more, with John Walsh having the highest compensation of $8,592,760.
Marvin Schlanger is 71, he's been the Independent Chairman of the Board of UGI since 2016. There are no older and 30 younger executives at UGI.
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, and John 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: