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Posted 31 July, 2023

FERRELLGAS PARTNERS L P appointed Tamria Zertuche as new CEO

OTC:FGPR appointed new Chief Executive Officer Tamria Zertuche in a 8-K filed on 31 July, 2023.


  Ferrellgas Partners, L.P. (the "Company") today announced that its Board of Directors had elected Chief Operating Officer Tamria Zertuche as President and Chief Executive Officer, effective August 1, 2023, succeeding James Ferrell, who was appointed as Executive Chairman of the Board, also effective August 1, 2023.  

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Overview of FERRELLGAS PARTNERS L P
Retail/Wholesale • Specialty Retail
Ferrellgas Partners LP engages in the retail distribution of propane and related equipment sales. The company was founded by A.C. Ferrell and Mabel Ferrell in 1939 and is headquartered in Liberty, MO.
Market Cap
$248M
View Company Details
FERRELLGAS PARTNERS L P by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

Ferrellgas Partners, L.P. (the "Company") today announced that its Board of Directors had elected Chief Operating Officer Tamria Zertuche as President and Chief Executive Officer, effective August 1, 2023, succeeding James Ferrell, who was appointed as Executive Chairman of the Board, also effective August 1, 2023. 

Biographical and other information regarding Ms. Zertuche is disclosed in Part III of the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 2022 filed with the Securities and Exchange Commission filed on September 30, 2022. 

Executive Employment Agreement - Tamria Zertuche

On July 25, 2023, Ferrellgas, Inc. (the "general partner") and Ms. Zertuche entered into an Executive Employment Agreement (the "Employment Agreement"), effective as of August 1, 2023 (the "Commencement Date"), pursuant to which Ms. Zertuche will serve as President and Chief Executive Officer of the general partner and principal executive officer for purposes of the Exchange Act.

Pursuant to the Employment Agreement, as compensation for Ms. Zertuche's services, she will be paid an annual base salary of $825,000, be eligible to participate in any of the general partner's incentive and benefits plans as such plans are implemented and will receive certain severance benefits in the event of termination based on the nature of such termination.

Executive Chairman Agreement - James E. Ferrell

On July 28, 2023, the general partner and Mr. Ferrell entered into an Executive Chairman Agreement (the "Chairman Agreement"), effective as the Commencement Date, pursuant to which Mr. Ferrell will serve as Executive Chairman of the general partner.

Pursuant to the Chairman Agreement, as compensation for Mr. Ferrell's services, he will be paid an annual base salary of $825,000, be eligible to participate in any of the general partner's incentive and benefits plans as such plans are implemented and will receive certain severance benefits in the event of termination based on the nature of such termination.