EQT Midstream Partners, LP (NYSE:EQM) 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.
Jeremiah J. Ashcroft III, 45, was elected as a Director and as Senior Vice President and Chief Operating Officer of EQT Midstream Services, LLC (EQM General Partner), the general partner of EQT Midstream Partners, LP, effective August7, 2017. Effective as of the same day, Mr.Ashcroft was also elected as Senior Vice President, EQT Corporation (EQT) and President, Midstream.
Mr.Ashcroft was most recently the Chief Executive Officer of Gulf Oil LP (a distributor of fuel products and lubricants) from September2015 through June2017. Prior to that Mr.Ashcroft served as the Chief Operating Officer of JP Energy Partners, LP (an operator of a diversified portfolio of midstream assets including crude oil pipelines and storage, refined product terminals and storage, and natural gas liquids (NGLs) distribution and sales capabilities) from May2014 through August2015. Mr.Ashcroft held various roles of increasing responsibility with Buckeye Partners, LP (Buckeye) (a provider of midstream logistics solutions, primarily consisting of the transport, storage, processing and marketing of liquid petroleum products) from May 2009 through May2014. Mr.Aschroft served as President of Buckeye’s Natural Gas Storage, Development & Logistics and Energy Services business units from January2012 through May2014.
M. Elise Hyland, who was serving as a Director and Senior Vice President and Chief Operating Officer of the EQM General Partner, has stepped down from both positions. Ms.Hyland will continue to serve as Senior Vice President, Special Projects for EQT through her previously announced retirement from EQT by March30, 2018, after which EQT expects Ms.Hyland will serve EQT under her executive alternative work arrangement.
Item 7.01. Regulation FD Disclosure.
On August3, 2017, the EQM General Partner issued a news release with respect to the appointment of Mr.Ashcroft as Senior Vice President and Chief Operating Officer, a copy of which is furnished with this Form8-K as Exhibit99.1 and incorporated into this Item 7.01 by reference. The information in this Item 7.01 of Form8-K shall not be deemed to be “filed” for the purposes of Section18 of the Securities and Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
