Ferrellgas Partners LP appointed Doran Schwartz as CFO, effective Oct. 16. Schwartz will report to Ferrellgas president and interim CEO Jim Ferrell and serve as a member of the company’s executive leadership committee.
Prior to joining Ferrellgas, Schwartz, 48, served as vice president and CFO of MDU Resources Group Inc., a diversified energy and infrastructure company based in Bismarck, North Dakota, from February 2010 to 2017. He was vice president and chief accounting officer at MDU from September 2005 to February 2010. He holds a Bachelor of Science in business administration from Moorhead State University, a Master of Business Administration with an emphasis in finance from the University of Wisconsin-Whitewater and a Bachelor of Arts in accounting from the University of Northern Iowa. He has also earned his certified public accountant designation.
“Doran is a seasoned finance leader who we are eager to welcome to the team,” Ferrell says. “We are confident that he will be a valuable asset to our company as we continue to improve operational efficiency and drive business results.”
Schwartz will succeed current CFO Al Heitmann after Heitmann’s retirement on Jan. 31, 2018. In order to facilitate an orderly transition of responsibilities, Ferrellgas says Heitmann will remain employed by the company as a special adviser from Oct. 16, 2017, until his anticipated retirement date.
Heitmann says, “It’s been a pleasure to get to know Doran, and I have a high degree of confidence in him. I know that everyone in my organization joins me in welcoming him to Ferrellgas and is excited to help him write our next chapter.”