---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-098935"
form_type: "8-K"
ticker: null
cik: "0001747009"
company_name: "Equitrans Midstream Corp"
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T22:55:46.025931+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Equitrans names Diana Charletta CEO effective Jan 1, 2024; Karam becomes Executive Chairman

## Summary
- Thomas F. Karam steps down as CEO effective Jan 1, 2024, becomes Executive Chairman with base salary $625,000.
- Diana M. Charletta, currently President and COO, succeeds as CEO; base salary $720,000, STIP target 120%, LTIP $3.5M.
- Karam receives $7.5M cash bonus for efforts on MVP project, including inclusion in Fiscal Responsibility Act of 2023.
- CEO transition tied to targeted completion of Mountain Valley Pipeline by year-end 2023.
- Amendments to non-compete agreements for named executives, including enhanced severance for Charletta (30 months base salary).

## SEC filing metadata
- accession: 0001104659-23-098935
- form_type: 8-K
- cik: 0001747009
- company_name: Equitrans Midstream Corp
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747009/000110465923098935/0001104659-23-098935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747009/000110465923098935/tm2325516d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-098935
- JSON: https://secwatch.observer/filing/0001104659-23-098935.json
- Plain text: https://secwatch.observer/filing/0001104659-23-098935.txt

## Key facts
- Executive change
  Thomas F. Karam was appointed as Executive Chairman at Equitrans Midstream Corp.
  - Action: appointed
  - Role: Executive Chairman
  source text: Thomas F. Karam will step down as Chief Executive Officer (CEO) of the Company and Diana M. Charletta, currently the Company’s President and Chief Operating Officer, will succeed Mr. Karam as CEO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747009/000110465923098935/0001104659-23-098935-index.htm
- Executive change
  Diana M. Charletta was appointed as Chief Executive Officer at Equitrans Midstream Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Diana M. Charletta, currently the Company’s President and Chief Operating Officer, will succeed Mr. Karam as CEO.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747009/000110465923098935/0001104659-23-098935-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.