EQT CFO David Khani to step down in July 2023; company launches search for successor

EQT Corp

Transition effective July 2023; Khani will remain employed through at least July 31, 2023 to assist with transition.
Severance package includes $2,624,495 cash payment (24 months salary + incentive) plus accelerated equity vesting.
EQT will conduct a search for a new CFO; Khani helped improve credit ratings and repay debt since joining in 2020.
Khani's employment will be terminated without cause on Separation Date, contingent on signing a release.

item 5.02 item 7.01 item 9.01

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Departed

David Khani

Chief Financial Officer

EQT · EQT Corp

Filed: February 13, 2023, 6:59 PM ET

it was determined that David Khani, the Chief Financial Officer of EQT Corporation (the “Company”), would transition from the Company and will cease to serve as Chief Financial Officer of the Company, effective on such future date as designated by the Company and communicated to Mr. Khani

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Khani changed role as Chief Financial Officer at EQT Corp.

Action: transition
Role: Chief Financial Officer

Exact text from the filing

it was determined that David Khani, the Chief Financial Officer of EQT Corporation (the “Company”), would transition from the Company and will cease to serve as Chief Financial Officer of the Company, effective on such future date as designated by the Company and communicated to Mr. Khani

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EQT Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-019723

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