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Steven Schlotterbeck
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Schlotterbeck abruptly resigns from EQT

Courtesy of EQT Corp.

Schlotterbeck abruptly resigns from EQT

Steve Schlotterbeck is leaving EQT Corp. after just a year at the helm. 

The oil and gas company announced his sudden resignation Thursday morning, citing “personal reasons.” Mr. Schlotterbeck has also left his positions at EQT’s affiliated companies, including its midstream subsidiaries. 

To tide the company over, EQT is bringing back Dave Porges, who preceded Mr. Schlotterbeck, as interim president and CEO.

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Mr. Schlotterbeck, whose background is in operations, oversaw EQT’s $6.7 billion acquisition of Rice Energy Inc. and was preparing to shepherd the company through a separation into an oil and gas business and a midstream company after pressure from shareholders.

Steven Schlotterbeck
Anya Litvak
EQT's former CEO says his compensation dispute wasn't (all) about the money

EQT’s board of directors thanked Mr. Schlotterbeck for his 18 years of service to the company and assured that the separation is on track.

Anya Litvak: alitvak@post-gazette.com or 412-263-1455.

First Published: March 15, 2018, 2:20 p.m.

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Steven Schlotterbeck  (Courtesy of EQT Corp.)
Courtesy of EQT Corp.
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