---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-142824"
form_type: "8-K"
ticker: "NFG"
cik: "0000070145"
company_name: "NATIONAL FUEL GAS CO"
filed_at: "2025-06-18T23:59:59+00:00"
generated_at: "2026-05-19T03:50:50.134554+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-142824
- form_type: 8-K
- ticker: NFG
- cik: 0000070145
- company_name: NATIONAL FUEL GAS CO
- filed_at: 2025-06-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70145/000119312525142824/0001193125-25-142824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70145/000119312525142824/d920645d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-142824
- JSON: https://secwatch.observer/filing/0001193125-25-142824.json
- Plain text: https://secwatch.observer/filing/0001193125-25-142824.txt

## Key facts
- Executive change
  Michael D. Colpoys was appointed as President of National Fuel Gas Distribution Corporation at NATIONAL FUEL GAS CO.
  - Action: appointed
  - Role: President of National Fuel Gas Distribution Corporation
  source text: As previously disclosed by the Company, Ms. DeCarolis will be succeeded as President of Distribution Corporation by Michael D. Colpoys, effective July 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70145/000119312525142824/0001193125-25-142824-index.htm
- Executive change
  Donna L. DeCarolis retired as President of National Fuel Gas Distribution Corporation at NATIONAL FUEL GAS CO.
  - Action: retired
  - Role: President of National Fuel Gas Distribution Corporation
  source text: As previously disclosed by the Company, Ms. DeCarolis has determined to retire from employment with the Company on July 1, 2025 (the “Retirement Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/70145/000119312525142824/0001193125-25-142824-index.htm

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