McNally named president and CEO of EQT

Aug. 9, 2018
Robert J. McNally will become president and chief executive officer of EQT Corp. when the company completes the separation of its upstream and midstream businesses. Now chief financial officer, McNally will succeed David L. Porges, who has been interim president and CEO since the resignation in March of Steven Schlotterbeck.

Robert J. McNally will become president and chief executive officer of EQT Corp., Pittsburgh, when the company completes the separation of its upstream and midstream businesses (OGJ Online, Feb. 21, 2018).

Now chief financial officer, McNally will succeed David L. Porges, who has been interim president and CEO since the resignation in March of Steven Schlotterbeck (OGJ Online, Mar. 15, 2018).

Thomas F. Karam has been appointed senior vice-president and president, midstream of EQT. He also becomes president and chief executive officer of the general partners of EQT Midstream Partners LP and EQT GP Holdings LP.

Karam, an EQT director since November 2017, is expected to become president and chief executive officer of Equitrans Midstream Corp., the company to be formed when EQT divides its businesses. He succeeds Jeremiah J. Ashcroft III, who has departed EQT.

On separation of EQT’s businesses, Porges will leave the EQT board of directors and become chairman of the board of Equitrans Midstream. Karam also will leave the EQT board and become a director of the new company.