Ferrellgas Partners Extends CEO Tamria Zertuche Through July 2029

What Happened

• Ferrellgas Partners, L.P. (via its general partner Ferrellgas, Inc.) filed an 8-K reporting a First Amendment to the Executive Employment Agreement with Tamria Zertuche, the Company’s President and Chief Executive Officer, effective July 16, 2026. The amendment extends her employment term through July 31, 2029, unless earlier terminated under the agreement.
• Beginning August 1, 2026, Ms. Zertuche’s annual base salary will be $935,000; the Board may increase this salary at its discretion. The amendment also provides that she is eligible to participate in the general partner’s incentive and benefits plans as implemented and will receive specified severance benefits depending on the nature of any termination. A press release announcing the extension was issued on July 21, 2026.

Key Details

• Amendment effective date: July 16, 2026; employment term extended to July 31, 2029.
• New base salary: $935,000 per year, effective August 1, 2026; Board may adjust upward.
• Ms. Zertuche remains eligible for incentive/benefit plans and will receive severance benefits if terminated under certain circumstances.
• Company issued a press release on July 21, 2026 announcing the extension.

Why It Matters

• The filing documents leadership continuity by extending the CEO’s contract through mid-2029, a material governance and management update for investors.
• The specified $935,000 base salary (and the Board’s ability to raise it) creates a committed compensation level to consider when evaluating executive pay and potential impacts on operating expenses and governance disclosures.
• Investors seeking more detail can review the Company’s Form 10-K (for Ms. Zertuche’s biography) and the July 21, 2026 press release referenced in the 8-K.