Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 29, 2018, EQT Corporation (EQT) appointed Jimmi Sue Smith, currently EQTs Chief Accounting Officer, to become Senior Vice President and Chief Financial Officer of EQT, effective as of, and conditioned upon, the closing of the previously announced separation of EQTs upstream and midstream businesses (the Separation). Ms. Smith will replace Robert J. McNally, who will become President and Chief Executive Officer of EQT effective as of the Separation.
In addition, on August 29, 2018, EQT appointed Jeffery C. Mitchell to become EQTs Principal Accounting Officer, effective as of, and conditioned upon, the closing of the Separation.
Ms. Smith, age 46, has served as EQTs Chief Accounting Officer since September 2016. Ms. Smith served as Vice President and Controller of EQTs midstream and commercial businesses from March 2013 to September 2016 and as Vice President and Controller of the midstream business from January 2013 through March 2013. Ms. Smith has also served as the Chief Accounting Officer of each of EQT Midstream Services, LLC, the general partner of EQT Midstream Partners, LP and EQT GP Services, LLC, the general partner of EQT GP Holdings, LP, since September 2016, and served as the Chief Accounting Officer of Rice Midstream Management, LLC, the general partner of Rice Midstream Partners, LP, from November 2017 to July 2018.
Mr. Mitchell, age 46, has served as Vice President and Controller of EQTs production business since March 2015. Mr. Mitchell served as Corporate Director, Internal Audit of EQT, from March 2013 to March 2015, and as Corporate Director, Internal Audit and Financial Risk of EQT, from October 2011 to March 2013.
Cautionary Statements
Disclosures in this Form 8-K contain certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this Form 8-K specifically include the expectations of management transition plans of EQT and EQTs subsidiaries. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. EQT has based these forward-looking statements on current expectations and assumptions about future events. While EQT considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, and other risks and uncertainties, many of which are difficult to predict and beyond EQTs control.
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The risks and uncertainties that may affect the operations, performance and results of EQTs business and forward-looking statements include, but are not limited to, those set forth under Item 1A, Risk Factors, of EQTs Form 10-K for the year ended December 31, 2017, as updated by any subsequent Form 10-Qs.
Any forward-looking statement speaks only as of the date on which such statement is made and EQT does not intend to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.
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