Donna L. DeCarolis retires as NFG Distribution president; consulting deal at $15k/month through 2028

NATIONAL FUEL GAS CO

Retires as President of National Fuel Gas Distribution Corp effective July 1, 2025.
Three-year consulting agreement pays $15,000/month ($540,000 total) for NY energy policy advisory.
Michael D. Colpoys succeeds DeCarolis as Distribution Corp President effective July 1, 2025.
Consulting includes non-compete and non-solicitation; services limited to <20% of prior employee level.

item 5.02

Executive movements

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Appointed

Michael D. Colpoys

President of National Fuel Gas Distribution Corporation

NFG · NATIONAL FUEL GAS CO

Effective: 2025-07-01
Filed: Jun 18, 2025 23:59 UTC

As previously disclosed by the Company, Ms. DeCarolis will be succeeded as President of Distribution Corporation by Michael D. Colpoys, effective July 1, 2025.

Departed

Donna L. DeCarolis

President of National Fuel Gas Distribution Corporation

NFG · NATIONAL FUEL GAS CO

Effective: 2025-07-01
Successor: Michael D. Colpoys
Filed: Jun 18, 2025 23:59 UTC

As previously disclosed by the Company, Ms. DeCarolis has determined to retire from employment with the Company on July 1, 2025 (the “Retirement Date”).

Source: SEC EDGAR

accession 0001193125-25-142824

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