UGI CORP (UGI)
Sector: Utilities
Sector: Utilities
UGI CORP - Executive Compensation
Former Interim President and Chief Executive Officer; Non-Executive Board Chair
Executive Compensation
Mario Longhi is a seasoned executive with a distinguished career in the metals and energy industries, spanning over four decades. Born in Brazil, he began his professional journey in the aluminum sector, joining Alcoa Inc. in 1977, where he rose through the ranks to hold various leadership positions, including roles in production, operations, and international management. His expertise in manufacturing and operational efficiency led him to Gerdau Ameristeel Corporation in 2005, where he served as President and CEO, overseeing significant expansions and improvements in steel production across North America. Longhi's strategic vision and ability to navigate complex market challenges earned him a reputation as a turnaround specialist, particularly in revitalizing underperforming assets and driving profitability in competitive global markets. One of Longhi's most notable achievements came during his tenure as President and CEO of United States Steel Corporation from 2013 to 2017. He implemented bold restructuring initiatives, including cost reductions, workforce optimizations, and investments in advanced technologies, which helped stabilize the company amid volatile steel prices and international trade pressures. Under his leadership, U.S. Steel focused on innovation in high-strength steel products for automotive and energy applications, contributing to the company's resilience during economic downturns. Longhi's advocacy for fair trade policies also positioned him as a key voice in industry discussions, influencing U.S. policy on steel imports and domestic manufacturing. At UGI Corporation, a leading energy distribution and services company, Mario Longhi has played a pivotal role since joining the Board of Directors in 2017. He served as Interim President and Chief Executive Officer in 2023, providing steady leadership during a transitional period and guiding the company through strategic initiatives in natural gas, electricity, and renewable energy solutions. Currently, as Non-Executive Board Chair, Longhi oversees governance and strategic direction, leveraging his extensive experience to support UGI's growth in sustainable energy infrastructure and customer-focused innovations across its operations in the United States and Europe.