Ferrellgas CFO Michael Cole to retire

March 21, 2025 By Sydney Fischer

Ferrellgas CFO and Treasurer Michael Cole has declared his intention to retire effective May 2. Ferrellgas retained Moelis & Co. to advise on various financial strategies and will continue this relationship while a search for a new CFO is undertaken.

Cole was named CFO in 2023 after more than 35 years of experience in financial and energy-related fields.

“Ferrellgas has benefited from the experience and leadership of Mike Cole,” says Tamria Zertuche, president and CEO of Ferrellgas. “Mike’s career spans multiple decades and has garnered Mike a vast portfolio of experience and knowledge in the finance and energy sectors. This is showcased in how quickly Mike made an impact on Ferrellgas and our key stakeholders. Mike has served Ferrellgas and all its key stakeholders with high integrity and the employee-owner mindset key to our continued success.”

Ferrellgas is a technology-enabled logistics company and nationwide distributor of propane and related products and services.

“Mike has developed our finance and accounting team, adding strong and key positions within the organization,” says Zertuche. “His focus on the organization has created an opportunity for us to build upon a strong foundation. We appreciate all that Mike has done to move Ferrellgas forward in several key areas, including FP&A (financial planning and analysis), treasury and our investor relations outreach. We wish Mike the best in his retirement.”

Founded by A.C. Ferrell in Atchison, Kansas, in 1939, Ferrellgas has grown over the years from serving customers in the Kansas City area to the second-largest propane retailer in the country, now serving customers in all 50 states, the District of Columbia and Puerto Rico. Today, Ferrellgas employs more than 4,000 people nationwide.

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