BNET Industries

Market Cap:$1.5B
Last Fiscal Year Sales:$1.5B
  • Public
  • US
Dow Jones Description

At Suburban Propane, we view every customer contact as an opportunity to listen and learn from the people that we service. When we say "Our business is customer satisfaction," we mean it. We're focused on it. And we deliver it every day.

Number of Employees 2,895
Contact Information

1 Suburban Plz 240 Rte 10 W PO Box 206

Whippany, New Jersey 07981-0206

suburbanpropane...

(973) 887-5300

NAICS Code Liquefied Petroleum Gas (Bottled Gas) Dealers: 454312

Recent Events

  • Suburban Propane Partners Taps New Executives

    11/13/09 - Mgmt. Change Entering - Legal - View Story

  • Suburban Propane Partners, L.P. Announces Executive Appointments

    11/16/09 - Mgmt. Change Entering - Legal - View Story

  • Suburban Propane SPH Posts Q4 Loss of $0.67, Misses by 10c

    11/12/09 - Financial Announcement - View Story

  • Suburban Propane Partners, L.P. Announces Third Quarter Earnings Following Twenty-Second Distribution Increase

    8/06/09 - Financial Announcement - View Story

  • Suburban Propane Partners, L.P. Announces Executive Appointment

    7/23/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

energy and suburban propane partners l.p. - All News and Analysis

Decision Makers

Name (plus bio) Position
Mark A. Alexander CEO
Michael Dunn President
David R. Eastin COO & Senior Vice President
Michael A. Stivala Chief Financial Officer and Chief Accounting Officer
Robert M. Plante Chief Financial Officer
A. Davin D'Ambrosio Vice President and Treasurer
A. Davin D. Ambrosio Vice President and Treasurer
Douglas T. Brinkworth Vice President, Product Supply
Mark Anton Vice President, Business Development
Mark Wienberg Vice President, Operational Planning and Analysis
Michael Keating Vice President Hr & Admin.
Neil Scanlon Vice President
Paul Abel Vice President, General Counsel and Secretary
Russell T. Rupp Vice President, Support Services
Steven C. Boyd SE & West Area Vice President
William E. Anderson Northeast Area Vice President
Dennis W. Trautman Managing Director
Michael Kuglin Controller
Dudley C Mecum Supervisor
Harold R. Logan Jr. Elected Supervisor
Jane Swift Supervisor
John D. Collins Supervisor
John Hoyt Stookey Dudley C. Mecum Principal Accounting Fees and Services

Mr. Alexander has served as Chief Executive Officer and as a Supervisor since March 1996, and as President from October 1996 until May 2005. He was Executive Vice Chairman from March 1996 through October 1996. From 1989 until joining the Partnership, Mr. Alexander was an officer of Hanson Industries (the United States management division of Hanson plc, a global diversified industrial conglomerate), most recently Senior Vice President – Corporate Development. Mr. Alexander is the sole member of the General Partner. Mr. Alexander is a Director of Kaydon Corporation and a member of its Corporate Governance and Nominating Committee.

Organization Position Status
Suburban Propane Partners, L.P. CEO Current
The Suburban Chief Executive Officer Current
Suburban Propane Partners, L.P. President Former
Corporate Governance Board of Directors Current
Kaydon Corporation Board of Directors Current
Suburban Propane Partners, L.P. Board of Directors Current
Hanson Industries, LLC Officer Former

Mr. Dunn has served as President since May 2005. From June 1998 until that date he was Senior Vice President, becoming Senior Vice President – Corporate Development in November 2002. Mr. Dunn has served as a Supervisor since July 1998. He was Vice President – Procurement and Logistics from March 1997 until June 1998. Before joining the Partnership, Mr. Dunn was Vice President of Commodity Trading for the investment banking firm of Goldman Sachs & Company (“Goldman Sachs”).

Organization Position Status
Suburban Propane Partners, L.P. President Current
Suburban Propane Partners, L.P. Director Current
Suburban Propane Partners, L.P. Senior Vice President Former
Goldman, Sachs & Co. Vice President of Commodity Former
Suburban Propane Partners, L.P. Supervisor Former

Organization Position Status
Suburban Propane Partners, L.P. COO & Senior Vice President Current

Mr. Stivala has served as Chief Financial Officer and Chief Accounting Officer since October 2007. Prior to that he was Controller and Chief Accounting Officer since May 2005 and Controller since December 2001. Before joining the Partnership, he held several positions with PricewaterhouseCoopers LLP, an international accounting firm, most recently as Senior Manager in the Assurance practice. Mr. Stivala is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Organization Position Status
Suburban Propane Partners, L.P. Chief Financial Officer and Chief Accounting Officer Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current

Organization Position Status
Suburban Propane Partners, L.P. Chief Financial Officer Current
Suburban Propane Partners, L.P. Vice President Former
Suburban Propane Partners, L.P. Financial and Managerial Positions Former
Suburban Propane Partners, L.P. Treasurer Former

Mr. D’Ambrosio has served as Treasurer since November 2002 and was additionally made a Vice President in October 2007. He served as Assistant Treasurer from October 2000 to November 2002 and as Director of Treasury Services from January 1998 to October 2000. Mr. D’Ambrosio joined the Partnership in May 1996 58 after ten years in the commercial banking industry.

Organization Position Status
Suburban Propane Partners, L.P. Vice President and Treasurer Current
Suburban Propane Partners, L.P. Treasurer Current
Suburban Propane Partners, L.P. Assistant Treasurer Former

Organization Position Status
Suburban Propane Partners, L.P. Vice President and Treasurer Current

Mr. Brinkworth has served as Vice President – Supply since May 2005. Mr. Brinkworth joined the Partnership in April 1997 after a nine year career with Goldman Sachs and, since joining the Partnership, has served in various positions in the supply area, most recently as Managing Director.

Organization Position Status
Suburban Propane Partners, L.P. Vice President, Product Supply Current
The Suburban Current
Suburban Propane Partners, L.P. Board of Directors Current

Organization Position Status
Suburban Propane Partners, L.P. Vice President, Business Development Current
Suburban Propane Partners, L.P. Director Current

Mr. Wienberg has served as Vice President – Operational Planning since October 2007. Prior to that he served as Managing Director, Financial Planning and Analysis from October 2003 to October 2007 and as Director, Financial Planning and Analysis from July 2001 to October 2003. Prior to joining the Partnership, Mr. Wienberg was Assistant Vice President – Finance of International Home Foods Corp., a consumer products manufacturer.

Organization Position Status
Suburban Propane Partners, L.P. Vice President, Operational Planning and Analysis Current

Mr. Keating has served as Vice President – Human Resources and Administration since July 1996. He previously held senior human resource positions at Hanson Industries and Quantum Chemical Corporation (“Quantum”), a predecessor of the Partnership.

Organization Position Status
Suburban Propane Partners, L.P. Vice President Hr & Admin. Current
Hanson Industries, LLC Senior Human Resource Positions Former

Mr. Scanlon became Vice President Information Services in November 2008. Prior to that he served as Assistant Vice President Information Services since November 2007, Managing Director Information Services from November 2002 to November 2007 and Director Information Services from April 1997 until November 2002. Prior to joining the Partnership, Mr. Scanlon spent several years with JP Morgan & Co., most recently as Vice President Corporate Systems and earlier held several positions with Andersen Consulting ( Accenture ), an international systems consulting firm, most recently as Manager.

Organization Position Status
Suburban Propane Partners, L.P. Vice President Current
Andersen Corporation Former

Mr. Abel has served as General Counsel and Secretary since June 2006 and was additionally made a Vice President in October 2007. From May 2005 until June 2006, Mr. Abel was Assistant General Counsel of Velocita Wireless, L.P., the owner and operator of a nationwide wireless data network. From 1998 until May 2005, Mr. Abel was Vice President, Secretary and General Counsel of AXS-One Inc. (formerly known as Computron Software, Inc.), an international business software company.

Organization Position Status
Suburban Propane Partners, L.P. Vice President, General Counsel and Secretary Current
AXS-One Inc. Vice President Former
AXS-One Inc. General Counsel Former
Suburban Propane Partners, L.P. General Counsel & Secretary Former
AXS-One Inc. Secretary Former

Organization Position Status
Suburban Propane Partners, L.P. Vice President, Support Services Current

Mr. Boyd has served as Vice President – Operations since October 2008. Prior to that he was Southeast and Western Area Vice President since March 2007, Managing Director – Area Operations since November 2003 and Regional Manager – Northern California since May 1997. Mr. Boyd held various managerial positions with predecessors of the Partnership from 1986 through 1996.

Organization Position Status
Suburban Propane Partners, L.P. SE & West Area Vice President Current

Organization Position Status
Suburban Propane Partners, L.P. Northeast Area Vice President Current

Mr. Trautman became Chief Operating Officer in May 2005. He joined Suburban in December 2003 as Managing Director, Northeast Operations, upon Suburban's acquisition of substantially all the assets and operations of Agway. For the balance of the prior five years, Mr. Trautman served as Chief Operating Officer of Agway, then a leading regional marketer of propane, fuel oil, gasoline and diesel fuel.

Organization Position Status
Suburban Propane Partners, L.P. Managing Director Current
Agway Chief Operating Officer Former
Suburban Propane Partners, L.P. Coo Former
Suburban Propane Partners, L.P. Board of Directors Former

Mr. Kuglin has served as Controller since October 2007. For the eight years prior to joining the Partnership he held several financial and managerial positions with Alcatel-Lucent, a global communications solutions provider. Prior to Alcatel-Lucent, Mr. Kuglin held several positions with the international accounting firm PricewaterhouseCoopers LLP, most recently Manager in the Assurance practice. Mr. Kuglin is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

Organization Position Status
Suburban Propane Partners, L.P. Controller Current
American Institute of Certified Public Accountants Board of Directors Current
American Institute of Certified Public Accountants Member Current

Mr. Mecum has served as an Elected Supervisor since June 1996. He has been a Managing Director of Capricorn Holdings, LLC (a sponsor of and investor in leveraged buyouts) since June 1997. Mr. Mecum was a partner of G.L. Ohrstrom & Co. (a sponsor of and investor in leveraged buyouts) from 1989 to June 1996. Mr. Mecum also is a Director of CitiGroup, Inc.

Organization Position Status
Capricorn Investment Group Managing Director Current
Suburban Propane Partners, L.P. Supervisor Current
Suburban Propane Partners, L.P. Board of Directors Current
Capricorn Investment Group General Partner Former
Peat, Marwick, Mitchell & Co. Former
Capricorn LLC Former
Citigroup Inc. Board of Directors Former
Harvard University MBA Former
Ohio Wesleyan University BA Former

Organization Position Status
National Energy Resources Acquisition Co. Chief Financial Officer Current
National Energy Resources Acquisition Co. Founder Current
Basic Materials Co-Founder Current
Rivington Capital Advisors, LLC Chief Financial Officer, Treasurer, Secretary, Director Current
TransMontaigne, Inc. Director Finance Committee Current
Suburban Propane Partners, L.P. Elected Supervisor Current
TransMontaigne, Inc. Chairman Finance Committee Current
Suburban Propane Partners, L.P. Chairman and Non-Management Supervisor Current
Southfield Carton Director Current
Cimarex Energy Co. Board of Directors Current
Basic Materials Director Current
Minnesota Automation Director Current
National Energy Resources Acquisition Co. Board of Directors Current
The Houston Exploration Company Board Director Current
TransMontaigne, Inc. Cfo Former
TransMontaigne, Inc. Executive Vice President Former
Rothschild Inc. Partner Former
Dillon Read Partner Former
Rivington Capital Advisors, LLC Board of Directors Former
Suburban Propane Partners, L.P. Director Former
S-Board Ltd. Board of Directors Former
TransMontaigne, Inc. Board Director Former
Columbia University MBA In Finance Former
Oklahoma State University B.S. In Economics Former
Columbia University degree in finance Former
S-Board Ltd. Member Former

Organization Position Status
Wnp Consulting, LLC. Founder Current
Suburban Propane Partners, L.P. Supervisor Current
College Summit Board of Directors Current
Landmark Volunteers Board of Directors Current
Community Outreach, Inc. Board of Directors Current
Suburban Propane Partners, L.P. Board of Directors Current
Republican Leadership Council Board of Directors Current
Animated Speech Corporation Board of Directors Current
WellCare Health Plans, Inc. Board of Directors Current
Brigham and Women's Hospital Board of Directors Current
WellCare Enterprises, Inc. Director Current
TeachScape Director Current
WellCare Enterprises, Inc. Member Current
Landmark Volunteers Member Current
College Summit Member Current
Arcadia Partners General Partner Former
Massachusetts Port Authority Director of Regional Airport Development Former
Wnp Consulting, LLC. Principal Former
Massachusetts, Inc. Former
Trinity College Bachelor of Arts Degree In American Studies Former

Mr. Collins has served as a Supervisor since April 2007. He served with KPMG, LLP, an international accounting firm, from 1962 until 2000, most recently as senior audit partner of its New York office. He has served as a United States representative on the International Auditing Procedures Committee, a committee of international accountants responsible for establishing international auditing standards. Mr. Collins is a Director of Montpelier Re, Mrs. Fields Famous Brands, LLC and Columbia Atlantic Funds, and serves as a Trustee of LeMoyne College.

Organization Position Status
Suburban Propane Partners, L.P. Supervisor Current
Suburban Propane Partners, L.P. Chairman Current
Governors Board of Directors Current
Le Moyne College Board of Directors Current
Northern Forest Board of Directors Current
Manhattan College B.A. In History Former

Organization Position Status
Landmark Volunteers Founder Current
Per Scholas, Inc Founder and Chairman of the Board Current
Suburban Propane Partners, L.P. Dudley C. Mecum Principal Accounting Fees and Services Current
Berkshire School Board of Directors Current
Robert Sterling Clark Foundation, Inc Board of Directors Current
Suburban Propane Partners, L.P. Board of Directors Current
Cyprus Amax Minerals Company Director Current
U.S. Trust Corporation Director Current
Arcadia Partners Advisory board member Current
Berkshire School Trustee Current
Landmark Volunteers President, Landmark Volunteers, Chairman of the Board, Suburban Propane Former
Chesapeake Corporation Director Former
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     SPH $44.32 +0.24 (0.54% )
Average Volume 98,402
Shares Outstanding 35.23M
Market Cap 1.6B
Year High 46.41
Year Low 26.5
Earnings Per Share 4.96
P/E Ratio 8.94
Dividend 3.32
Yield 7.49
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