Philip Conti Becomes SVP Special Projects, and Remains Board Member of EQT Midstream Partners, LP
EQT CFO Rob McNally
Yesterday Robert J. McNally became the new SVP and chief financial officer for EQT Corporation (ticker: EQT; EQT.com). McNally, 45, was also appointed to this same role for EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) and will join their respective boards of directors. Philip P. Conti, who has been with EQT since 1996 and whose intent to retire as EQT’s chief financial officer was announced in August 2015, will remain principal financial officer through the filing of the Company’s first quarter 2016 results, after which he will serve as senior vice president, special projects and remain on the board of directors for EQM.
According to the company press release, McNally has more than 22 years of direct experience in the energy sector, with his most recent position being executive vice president and chief financial officer of Precision Drilling Corporation, a Calgary based oil and natural gas contract drilling, completions, and production services provider. He also has a strong capital markets background, which includes oversight of investments in energy technology start-ups at Kenda Capital LLC; an initial public offering while with Warrior Energy Services Corp.; and several years of investment banking and M&A advisory experience with Simmons & Company International. McNally began his career with Schlumberger, working first in operations and then in sales.
McNally holds a Masters of Business Administration, with a concentration in finance, from Tulane University Freeman School of Business; a Bachelor of Science, Mechanical Engineering from University of Illinois; and a Bachelor of Arts, Mathematics from Knox College. Married with four children, he and his family will relocate to the Pittsburgh area in the coming months.
EQT is focused on Appalachian area natural gas production, gathering, and transmission. EQT owns a 90% limited partner interest in EQT GP Holdings, LP. EQT GP Holdings, LP owns the general partner interest, all of the incentive distribution rights, and a portion of the limited partner interests in EQT Midstream Partners, LP.
