Ferrell Takes the CEO Reins at Ferrellgas

Ferrellgas Partners, L.P. has announced that that James E. Ferrell, company founder and board chairman, is now the interim president and CEO of Ferrellgas.

Ferrell succeeds Stephen Wambold, who has stepped down from those roles, as well as from his membership on the board of directors.

Wambold’s departure comes in the wake of┬ásubstantial fiscal fourth-quarter losses for the company.