Steven Schlotterbeck took over as CEO of EQT Corp. (NYSE: EQT) on March 1, succeeding the retiring David Porges. Schlotterbeck also became CEO of EQT Midstream Partners LP (NYSE: EQM) and EQT GP Holdings LP (NYSE: EQGP).
EQT develops natural gas resources, primarily in the Marcellus and Utica shale regions of the Appalachian Basin. The company said in a statement that it will continue its strategy of consolidation, pipeline infrastructure growth, and customer and market expansion.
“We have outstanding upstream and midstream assets; a strong financial position; dedicated leadership from our board; and the continued commitment of the most talented employees in the industry – all contributing to EQT’s next phase of evolution, growth, and shareholder value creation,” Schlotterbeck said.
The new CEO also announced his senior management team:
§ David Schlosser was appointed senior vice president, EQT Corp.; and president, exploration & production;
§ Lisa Hyland was appointed senior vice president, EQT Corp., and president, midstream; and also senior vice president and chief operating officer for the general partner of EQT Midstream Partners. These are interim positions because Hyland has announced her intention to retire in March 2018;
§ Rob McNally remains senior vice president and CFO and will assume management responsibilities for the business development, facilities, information technology, innovation, and procurement functions;
§ Lew Gardner remains general counsel and vice president, external affairs;
§ Charlene Petrelli remains vice president and chief human resources officer;
§ Blue Jenkins was appointed to the newly created role of chief commercial officer; and
§ Pat Kane remains chief investor relations officer and will assume management of EQT’s strategy and competitive analysis function.
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