Ferrellgas promotes McGathey to chief operating officer
March 18, 2013 By Kevin Yanik
Boyd H. McGathey was named executive vice president and COO of Ferrellgas, the company announced.
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Boyd H. McGathey was named executive vice president and COO of Ferrellgas, the company announced.
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R. Brooks Sherman Jr. was promoted to president of Inergy L.P. in a series of promotions and organizational changes within the partnership and Inergy Midstream.
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Inergy is planning to move forward later this year with a large-scale propane storage project in New York that was originally scheduled for completion in 2010.
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Celebrating our industry’s rich history must include the stories of industry challenges and periodic setbacks as well as the great success stories that moved the industry forward.
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Four members of the 2012-13 class of officers were installed at NPGA’s board of directors meeting on June 4 in Washington, D.C. Ray Murray of Ray Murray Inc. will serve as NPGA’s chairman, replacing Carl Hughes of Inergy.
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Inergy LP agreed to sell its retail propane operations to Suburban Propane Partners LP for about $1.8 billion, the companies announced. The transaction is expected to close in the fourth quarter of this year.
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The transaction complements Inergy Midstream’s existing natural gas and NGL storage and transportation platform.
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Given the challenges the propane industry currently faces in the core home heating market segment, most retail businesses have been forced to adapt one way or another.
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Inergy LP has agreed to sell its retail propane operations in a multibillion-dollar deal.
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Tucker Perkins was hired to drive new demand for propane.
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