EQT Corporation (NYSE:EQT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

6 years ago

EQT Corporation (NYSE:EQT) 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.

On August29, 2018, EQT Corporation (EQT) appointed Jimmi Sue Smith, currently EQT’s Chief Accounting Officer, to become Senior Vice President and Chief Financial Officer of EQT, effective as of, and conditioned upon, the closing of the previously announced separation of EQT’s upstream and midstream businesses (the Separation). Ms.Smith will replace Robert J. McNally, who will become President and Chief Executive Officer of EQT effective as of the Separation.

In addition, on August29, 2018, EQT appointed Jeffery C. Mitchell to become EQT’s Principal Accounting Officer, effective as of, and conditioned upon, the closing of the Separation.

Ms.Smith, age 46, has served as EQT’s Chief Accounting Officer since September2016. Ms.Smith served as Vice President and Controller of EQT’s midstream and commercial businesses from March2013 to September2016 and as Vice President and Controller of the midstream business from January2013 through March2013. Ms.Smith has also served as the Chief Accounting Officer of each of EQT Midstream Services, LLC, the general partner of EQT Midstream Partners, LP and EQT GP Services, LLC, the general partner of EQT GP Holdings, LP, since September2016, and served as the Chief Accounting Officer of Rice Midstream Management, LLC, the general partner of Rice Midstream Partners, LP, from November2017 to July2018.

Mr.Mitchell, age 46, has served as Vice President and Controller of EQT’s production business since March2015. Mr.Mitchell served as Corporate Director,Internal Audit of EQT, from March2013 to March2015, and as Corporate Director,Internal Audit and Financial Risk of EQT, from October2011 to March2013.

Cautionary Statements

Disclosures in this Form8-K contain certain forward-looking statements within the meaning of Section21E of the Securities Exchange Act of 1934, as amended, and Section27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this Form8-K specifically include the expectations of management transition plans of EQT and EQT’s subsidiaries. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. EQT has based these forward-looking statements on current expectations and assumptions about future events. While EQT considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, and other risks and uncertainties, many of which are difficult to predict and beyond EQT’s control.

The risks and uncertainties that may affect the operations, performance and results of EQT’s business and forward-looking statements include, but are not limited to, those set forth under Item 1A, “Risk Factors,” of EQT’s Form10-K for the year ended December31, 2017, as updated by any subsequent Form10-Qs.

Any forward-looking statement speaks only as of the date on which such statement is made and EQT does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.

About EQT Corporation (NYSE:EQT)
EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company’s produced gas and for the independent third parties across the Appalachian Basin. Its EQT Production segment conducts lateral horizontal and completion drilling in the Appalachian Basin. EQT Production’s properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. EQT Midstream owns or operates approximately 8,250 miles of gathering lines and approximately 180 compressor units, as well as other general property and equipment.