CNX Resources appoints Timothy Bedard as EVP General Counsel; Alex Reyes departs with severance

CNX Resources Corp

Timothy Bedard appointed EVP, General Counsel and Secretary effective Dec 22, 2023; previously head of legal at Visa's Value Added Services.
Alexander J. Reyes separated without cause after 16 years; receives $440,000 lump sum and accelerated vesting of 51,989 RSUs.
Reyes' performance share units (81,168 target shares) and ESG units (10,400) continue vesting subject to performance goals.
Reyes will consult through Dec 31, 2023; non-compete reduced to one year from separation.
Both parties agree not to disparage; separation characterized as amicable.

item 5.02 item 9.01

Executive movements

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Departed

Alexander J. Reyes

Executive Vice President, General Counsel and Secretary

CNX · CNX Resources Corp

Successor: Timothy S. Bedard
Filed: December 1, 2023, 6:59 PM ET

On November 29, 2023, it was mutually agreed that Mr. Alexander J. Reyes, Executive Vice President, General Counsel and Secretary of CNX, will separate from service without cause from the Company.

Appointed

Timothy S. Bedard

Executive Vice President, General Counsel and Secretary

CNX · CNX Resources Corp

Effective: 2023-12-22
Filed: December 1, 2023, 6:59 PM ET

The Board of Directors announced that it has appointed Mr. Timothy S. Bedard as the Executive Vice President, General Counsel and Secretary of CNX Resources Corporation (“CNX” or the “Company”) effective December 22, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Alexander J. Reyes departed as Executive Vice President, General Counsel and Secretary at CNX Resources Corp.

Action: separated without cause
Role: Executive Vice President, General Counsel and Secretary

Exact text from the filing

On November 29, 2023, it was mutually agreed that Mr. Alexander J. Reyes, Executive Vice President, General Counsel and Secretary of CNX, will separate from service without cause from the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy S. Bedard was appointed as Executive Vice President, General Counsel and Secretary at CNX Resources Corp.

Action: appointed
Role: Executive Vice President, General Counsel and Secretary

Exact text from the filing

The Board of Directors announced that it has appointed Mr. Timothy S. Bedard as the Executive Vice President, General Counsel and Secretary of CNX Resources Corporation (“CNX” or the “Company”) effective December 22, 2023

View on SEC.gov

CNX Resources Corp filing history →

Source: SEC EDGAR

accession 0001070412-23-000111

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