OVERLAND PARK, Kan., Nov. 30, 2015 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (NYSE:FGP) announced that Stephen M. Clifford, retired Managing Partner at Ernst & Young LLP in Kansas City, was appointed to the company’s Board of Directors effective immediately. Mr. Clifford, who also concurrently served as an audit partner for Ernst & Young, will join both Ferrellgas’ Audit and Governance Committees.
“In addition to his leadership role, Mr. Clifford has served as a strategic and technical advisor to numerous boards of directors, audit committees, and senior management teams across numerous industries – including multiple Fortune 1000 companies,” said Ferrellgas’ President and Chief Executive Officer Stephen L. Wambold. “We feel fortunate to have him on board, and look forward to his leadership and guidance as we continue creating our next chapter.”
“Mr. Clifford is a welcome addition to our Board of Directors,” added James E. Ferrell, Ferrellgas’ Chairman of the Board. “He has a track record of successes, both with Ernst & Young and with the organizations he has advised. His unique background will be invaluable to not only the Board, but to everyone at Ferrellgas.”
In addition to his new role with Ferrellgas, Mr. Clifford, a graduate of Texas Christian University, is an active and well-known civic leader and Board member for numerous not-for-profit entities – including the Leukemia and Lymphoma Society, Cristo Rey High School, and the Archdiocese of Kansas.
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico, and provides midstream services to major energy companies in the United States. Ferrellgas employees indirectly own 22.8 million common units of the partnership, or 22.7% of the outstanding units, through an employee stock ownership plan. Ferrellgas Partners, L.P. filed a Form 10-K with the Securities and Exchange Commission on September 29, 2015. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com.
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Source:Ferrellgas Partners, L.P.