8-KLeadership Changes

EQT Corp 8-K Report, Executive Changes (Feb 6, 2006)

Filed February 6, 2006For Securities:EQT

Summary

Equitable Resources, Inc. (EQT) filed an 8-K on February 6, 2006, reporting changes to its principal financial officers, effective January 31, 2006. Philip P. Conti, previously named Vice President and Chief Financial Officer on January 1, 2006, has assumed additional responsibilities for accounting and financial reporting functions. These functions will now report to Mr. Conti, who retains oversight of treasury, business development, planning, and risk management. This filing designates Mr. Conti as a co-principal financial officer alongside Executive Vice President David L. Porges for SEC reporting purposes. While Mr. Porges retains broad oversight of finance, human resources, legal, IT, and environmental compliance, Mr. Conti will be directly responsible for the operational aspects of accounting and financial reporting. Both officers will collaborate on the company's financial reporting, including the upcoming 2005 annual report on Form 10-K. The company has also confirmed that Mr. Conti's appointment meets regulatory requirements, with no undisclosed arrangements or reportable transactions.

Key Highlights

  • 1Philip P. Conti appointed as co-principal financial officer for SEC reporting purposes, effective January 31, 2006.
  • 2Mr. Conti will now oversee accounting and financial reporting functions, in addition to his existing responsibilities.
  • 3David L. Porges will continue to have broad oversight of finance and administration, serving as co-principal financial officer with Mr. Conti.
  • 4Both Mr. Conti and Mr. Porges will collaborate on the company's financial reporting, including the 2005 Form 10-K.
  • 5The company confirmed Mr. Conti's appointment complies with regulatory requirements, with no undisclosed arrangements or reportable transactions.
  • 6Mr. Conti's prior roles include Vice President and Chief Financial Officer since January 2006, and previously VP, CFO & Treasurer since January 2005.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report a change in the principal financial officers of Equitable Resources, Inc. (EQT). Specifically, it announces that Philip P. Conti has been designated as a co-principal financial officer and will now oversee accounting and financial reporting functions.

Effective January 31, 2006, the principal financial officers for SEC reporting purposes are Philip P. Conti and David L. Porges. They will collaborate on the company's financial reporting.

Mr. Conti's new responsibilities include overseeing accounting and financial reporting functions. He retains his existing duties related to treasury, business development, planning, and risk management.

No, the company confirmed that there were no undisclosed arrangements or understandings regarding Mr. Conti's appointment, no family relationships with other executive officers or directors that require disclosure, and no transactions between Mr. Conti and the company that would require disclosure under Item 404(a) of Regulation S-K.