PITTSBURGH, Sept. 27, 2021 /PRNewswire/ -- EQT
Corporation (NYSE: EQT) today announced that its Board of Directors
has appointed Frank C. Hu, former
Vice President of Capital World Investors, an investment group in
the Capital Group Companies, Inc., to the EQT Board of Directors,
effective as of October 19, 2021.
"We are pleased to welcome Frank to the EQT Board. His decades
of financial experience and deep understanding of the oil and gas
industry bring added depth to our Board," said Lydia I. Beebe, Chair of the EQT Board.
"The combination of Frank's executive leadership experience
managing downstream and business development segments, coupled with
his strong oil and gas investment background, will be extremely
valuable in helping EQT advance its mission of becoming the
operator of choice," said Toby Z.
Rice, President and Chief Executive Officer of EQT
Corporation.
Mr. Hu most recently served as Vice President of Capital World
Investors, an investment group in the Capital Group Companies,
Inc., one of the largest investment management firms in the world.
During his 14 years with Capital Group, Mr. Hu served as an analyst
for investments in large oil and gas companies globally, directly
managing nearly $10 billion in
equities.
Prior to joining The Capital Group Companies, Inc. in 2003, Mr.
Hu served as Manager of Project Finance for Unocal Corporation from
2002 through 2003 and Global Energy Practice Consultant for
McKinsey & Company from 2000 to 2002.
Prior to joining McKinsey in 2000, Mr. Hu held various
leadership roles at Atlantic Richfield Company in both Los Angeles and Hong
Kong relating to downstream operations and business
development, refining and marketing investments, upstream
divisions, portfolio management and treasury.
Mr. Hu holds Bachelor of Science and Master of Science degrees
in engineering from Harvey Mudd College
and an M.B.A from the Amos Tuck School at Dartmouth College. He also currently serves as an
advisory board member for the Geology & Planetary Science
Division at the California Institute of
Technology.
EQT Contact:
Bridget McNie
Director of Communications
412.720.4500
Bridget.mcnie@eqt.com
About EQT
EQT Corporation is a leading independent natural gas production
company with operations focused in the cores of the Marcellus and
Utica Shales in the Appalachian Basin. We are dedicated to
responsibly developing our world-class asset base and being the
operator of choice for our stakeholders. By leveraging a culture
that prioritizes operational efficiency, technology and
sustainability, we seek to continuously improve the way we produce
environmentally responsible, reliable and low-cost energy. We have
a longstanding commitment to the safety of our employees,
contractors, and communities, and to the reduction of our overall
environmental footprint. Our values are evident in the way we
operate and in how we interact each day – trust, teamwork, heart,
and evolution are at the center of all we do. To learn more, visit
eqt.com.
View original
content:https://www.prnewswire.com/news-releases/eqt-appoints-frank-c-hu-to-board-of-directors-301385189.html
SOURCE EQT Corporation (EQT-IR)