EQT GP Holdings, LP (NYSE:EQGP) 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
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EQT GP Holdings, LP (NYSE:EQGP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 19, 2017, consistent with the succession plan announced in EQT GP Holdings, LP’s (EQGP’s) Form 8-K filed with the U.S. Securities and Exchange Commission on October 27, 2016, Steven T. Schlotterbeck was elected President and Chief Executive Officer of EQT GP Services, LLC (EQGP General Partner), the general partner of EQGP, effective March 1, 2017.  Mr. Schlotterbeck will succeed David L. Porges as President and Chief Executive Officer.  Mr. Porges will continue to serve as Chairman of the Board of Directors of the EQGP General Partner.

Mr. Schlotterbeck, age 51, has been President, EQT Corporation (EQT) and President, Exploration and Production since December 2015 and has served as a director of EQT since January 1, 2017. He was Executive Vice President and President, Exploration and Production from December 2013 to December 2015; Senior Vice President and President, Exploration and Production from April 2010 to December 2013; and Vice President and President, Production from January 2008 to April 2010. Mr. Schlotterbeck has served as a director of the EQGP General Partner since January 2015 and was elected as a director of EQT Midstream Services, LLC (EQM General Partner), the general partner of EQT Midstream Partners, LP, on January 19, 2017. Mr. Schlotterbeck will also become President and Chief Executive Officer of EQT and the EQM General Partner on March 1, 2017.


About EQT GP Holdings, LP (NYSE:EQGP)

EQT GP Holdings, LP (EQGP) is a limited partnership company and subsidiary of EQT Gathering Holdings, LLC (EQT Gathering Holdings). The Company is formed to own EQT Corporation’s (EQT’s) partnership interests in EQT Midstream Partners, LP (EQM), a limited partnership formed by EQT to own, operate, acquire and develop midstream assets in the Appalachian Basin. Its segments include Transmission and storage, and Gathering. The Transmission and storage segment includes EQM’s Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline and storage business. The Gathering segment includes high-pressure gathering lines and the FERC-regulated low-pressure gathering system. EQGP has no independent operations and EQGP’s assets consist of partnership interests in EQM. EQM provides midstream services to EQT and third parties in the Appalachian Basin across over 20 counties in Pennsylvania and West Virginia. EQGP’s assets and operations are located in the continental United States.

EQT GP Holdings, LP (NYSE:EQGP) Recent Trading Information

EQT GP Holdings, LP (NYSE:EQGP) closed its last trading session down -0.21 at 27.75 with 147,328 shares trading hands.