Market Exclusive

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 Officers

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.

On January 19, 2017, Steven T. Schlotterbeck was elected as a director of EQT Midstream Services, LLC (EQM General Partner), the general partner of EQT Midstream Partners, LP (EQM). Consistent with the succession plan announced in EQM’s Form 8-K filed with the U.S. Securities and Exchange Commission on October 27, 2016, Mr. Schlotterbeck was also elected President and Chief Executive Officer of the EQM General Partner, 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 EQM 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 EQT GP Services, LLC (EQGP General Partner), the general partner of EQT GP Holdings, LP, since January 2015. Mr. Schlotterbeck will also become President and Chief Executive Officer of EQT and the EQGP General Partner on March 1, 2017.

About EQT Midstream Partners, LP (NYSE:EQM)
EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company operates through two segments: Transmission and storage, which includes its Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline and storage business, and Gathering, which includes high pressure gathering lines and the FERC-regulated low pressure gathering system. It provides midstream services to EQT Corporation (EQT) and multiple third parties across 20 counties in Pennsylvania and West Virginia through its approximately two assets, such as the transmission and storage system, which serves as a header system transmission pipeline, and the gathering system, which delivers natural gas from wells and other receipt points to transmission pipelines. The Company provides transmission and storage services in over two manners, such as firm service and interruptible service. EQT Midstream Partners, LP (NYSE:EQM) Recent Trading Information
EQT Midstream Partners, LP (NYSE:EQM) closed its last trading session up +0.89 at 78.12 with 222,703 shares trading hands.

Exit mobile version