Suburban Propane Partners, L.P. Announces Retirement of Lawrence C. Caldwell from the Board, Effective May 20, 2024
January 26, 2024 at 10:38 am EST
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Suburban Propane Partners, L.P. announced that at its regular meeting on January 24, 2024, the board of supervisors of the company was notified by Lawrence C. Caldwell that he intends to retire from the board and the committees of the board on which he serves, effective May 20, 2024. Mr. Caldwell has served on the board since November 2012 and his decision to retire from the board was not because of any disagreement with the Partnership. The Partnership gratefully acknowledges Mr. Caldwell?s 11 years of dedicated service on the Board.
Effective upon Mr. Caldwell?s retirement on May 20, 2024 and pursuant to authority granted to the Board under the Partnership?s Third Amended and Restated Agreement of Limited Partnership, as amended, the size of the Board of Supervisors will be reduced from nine (9) Supervisors to eight (8) Supervisors.
Suburban Propane Partners, L.P. is a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives. The Company's segments include propane, fuel oil and refined fuels, natural gas and electricity, and all other. The propane segment is engaged in the retail distribution of propane and renewable propane to residential, commercial, industrial, agricultural and government customers and, to a lesser extent, wholesale distribution to large industrial end users. The fuel oil and refined fuels segment is engaged in the retail distribution of fuel oil, diesel, kerosene and gasoline. The natural gas and electricity segment is engaged in the marketing of natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania. The all other segment includes its service business.
SUBURBAN PROPANE PARTNERS, L.P. 
