CONSOL Energy Inc. (NYSE:CNX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
In advance of the previously announced separation of the business of CNX Resources Corporation, formerly known as CONSOL Energy Inc. (“CNX”) into two independent, publicly traded companies, a coal company, CONSOL Energy Inc., formerly known as CONSOL Mining Corporation (the “Company”), and CNX, which will retain the natural gas exploration and production (E&P) business (the“Separation”), the Company’s Board of Directors appointed John Rothka, age 40, to the position of Chief Accounting Officer of the Company, effective as of November22, 2017. Mr.Rothka also serves as the Chief Accounting Officer of CONSOL Coal Resources GP LLC, formerly known as CNX Coal Resources GP LLC (the “GP”), the general partner of CONSOL Coal Resources LP, a position he has held since August2, 2017. Prior to his appointment as the Chief Accounting Officer of the GP, Mr.Rothka served as the Controller of the GP since July 2015. Mr.Rothka joined the Accounting Department of CNX in September 2005, where he served in positions of increasing responsibility, and was promoted to Senior Manager in February 2012, a position he served in until July 2015. Prior to joining CNX, Mr.Rothka began his professional career at the accounting firm of Aronson LLC, where he served from September 1999 to November 2002, before joining Deloitte from November 2002 to September 2005, where he held several positions of increasing responsibility in the audit and assurance groups.
There are no family relationships between Mr.Rothka and any director, executive officer or person nominated to become a director or executive officer of the Company. Mr.Rothka does not have a direct or indirect material interest in any transaction or arrangement in which the Company is a participant.
Item 5.02 Other Events
In connection with the Separation, the Company changed its address to CNX Center, 1000 CONSOL Energy Drive, Suite 100, Canonsburg, Pennsylvania 15317.
About CONSOL Energy Inc. (NYSE:CNX)
CONSOL Energy Inc. (CONSOL Energy) is an integrated energy company that operates through two divisions: oil and gas exploration and production (E&P) and coal mining. The principal activity of the E&P division is to produce pipeline quality natural gas for sale primarily to natural gas wholesalers. The E&P division’s segments are Marcellus, Utica, Coalbed Methane, and Other Gas. The Other Gas segment is primarily related to shallow oil and gas production, as well as Upper Devonian Shale, and includes the Company’s purchased gas activities and general and administrative activities, as well as various other activities assigned to the E&P division but not allocated to each individual well type. The principal activities of the Coal division are mining, preparation and marketing of thermal coal, sold primarily to power generators, and metallurgical coal, sold to metal and coke producers. The Coal division’s segments are Pennsylvania (PA) Operations, Virginia (VA) Operations, and Other Coal.