Press Release: Suburban Propane Partners, L.P. Announces Executive Level Promotion

Dow Jones
01/22

WHIPPANY, N.J., Jan. 22, 2026 /PRNewswire/ -- Suburban Propane Partners, L.P. $(SPH)$, 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, announced today an executive promotion to further its long-term strategic goal of developing the Partnership's renewable energy platform.

The Partnership announced that M. Douglas Dagan has been promoted to Senior Vice President -- Renewable Energy. In this newly created position, Mr. Dagan is responsible for the development and execution of the strategic growth plan for Suburban Propane's renewable energy platform, under its subsidiary, Suburban Renewable Energy, LLC ("Suburban Renewables"), as well as overseeing the operations.

In announcing this promotion, Suburban Propane President and Chief Executive Officer Michael A. Stivala stated, "This well-deserved promotion aligns with our long-term strategy to build and grow a renewable energy platform. By combining our strategic and corporate development activities with the day-to-day operations of the renewable energy assets under one senior leader, we will ensure that strategic priorities are translated seamlessly into operational execution, facilitating tighter coordination and a single point of accountability, which will ultimately lead to enhanced performance, scalability, and innovation across the renewable energy portfolio."

Suburban Renewables builds off the well-established legacy of Suburban Propane as a trusted and reliable provider of energy and exceptional customer service. Suburban Renewables leads the way to a renewable energy future that provides value to customers, unitholders, employees, and the communities served.

Suburban Renewables houses the three owned and operated anaerobic digester facilities that produce renewable natural gas in Stanfield, Arizona; Columbus, Ohio; and Upstate New York. The platform also includes investments in Oberon Fuels, which produces a range of ultra-low-carbon or carbon-negative fuels that are practical, economical, and sustainable, and is the only domestic producer of renewable dimethyl ether ("rDME") and Independence Hydrogen, a pioneer in the American hydrogen economy, developing a gaseous production, storage, and distribution network to deliver affordable, fuel cell grade hydrogen at a lower carbon intensity than liquid alternatives.

About Suburban Propane:

Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and 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 producer of and investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 750 locations across 42 states.

Suburban Propane is supported by three core pillars: (1) Suburban Commitment to Excellence-showcasing Suburban Propane's almost 100-year legacy, and ongoing commitment to the highest standards for safety, dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares-highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane-promoting propane and renewable propane as versatile, low-carbon energy solutions and investing in the next generation of innovative, renewable energy alternatives.

For additional information on Suburban Propane, please visit www.suburbanpropane.com.

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SOURCE Suburban Propane Partners, L.P.

 

(END) Dow Jones Newswires

January 22, 2026 09:00 ET (14:00 GMT)

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