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Suburban Propane Partners, L.P. (SPH)

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23.72-0.17 (-0.71%)
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Suburban Propane Partners, L.P.

240 Route 10 West
Whippany, NJ 07981
United States
973-887-5300
http://www.suburbanpropane.com

SectorUtilities
IndustryGas Utilities
Full Time Employees3,417

Key Executives

NameTitlePayExercisedAge
Mr. Michael A. StivalaPres, CEO & Member of Board of Supervisors545.92kN/A48
Mr. Michael A. KuglinCFO & Chief Accounting Officer350.28kN/A47
Mr. Steven C. BoydSr. VP of Operations368.47kN/A53
Mr. Paul E. AbelSr. VP, Gen. Counsel and Sec.331.93kN/A64
Mr. Douglas T. BrinkworthSr. VP of Product Supply, Purchasing & Logistics353.35kN/A56
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. Its Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. This segment offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces and as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The company’s Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. Its Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The company also sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 24, 2016, it served approximately 1.1 million residential, commercial, industrial, and agricultural customers through 675 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.

Corporate Governance

Suburban Propane Partners, L.P.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.