Reading, PA (June 11, 2010) – Donald E. Brown will assume the position of Vice President – Finance and Chief Financial Officer for UGI Utilities, Inc., John L. Walsh, President and CEO – UGI Utilities, Inc., announced recently.
Brown, 38, of Downingtown, succeeds John C. Barney, Senior Vice President — Finance, who has announced plans to retire this summer after nearly 40 years of service.
“John has been a major contributor to the success of UGI Utilities,’’ Walsh said. “His knowledge, insight and leadership have been instrumental in securing UGI’s strong current position
within the utility sector.’’
In his new capacity, Brown will be responsible for overseeing the entire accounting/finance function of UGI Utilities. Brown was previously Controller for the Utilities. He joined UGI Corporation in 2005 as Director of Treasury Services. In 2007, he was promoted to Controller, Gas Division.
Prior to joining UGI, Brown worked for Constellation Energy as Principal, Corporate Financial Planning and Analysis. He also was employed by Progress Energy, Inc., and Deloitte & Touche.
“Donald has significant experience in financial analysis, strategic planning, management consulting and tax compliance,’’ Walsh said. “I am very pleased that he will be moving into this key role.’’
Brown has a Bachelor of Science in Economics degree with a concentration in Accounting from the University of Pennsylvania and a Masters of Business Administration with a concentration in Finance from Duke University.