EQT Corp. has completed its acquisition of Rice Energy Inc.
In conjunction with the closing, and as previously announced under the terms of the merger agreement, two former Rice directors — Daniel J. Rice IV and Robert F. Vagt — have joined the EQT board, effective immediately.
In addition, the company had previously commenced a search for two additional, independent board members with extensive midstream experience to be appointed to the board and serve on the committee formed to evaluate options for addressing the company’s sumof- parts discount. EQT appointed Thomas F. Karam, founder and chairman of Karbon Partners LLC, and Norman J. Szydlowski, former president and CEO of SemGroup Corp., to its board, effective immediately.