CNX Resources Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$CNX
Oil & Gas Production
Energy
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): June 11, 2025
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 11, 2025, the Board of Directors (the “Board”) of CNX Resources Corporation (“the Company”) appointed Alan Shepard, the Company’s current Chief Financial Officer, to serve as the Company’s President in addition to his role as Chief Financial Officer, effective immediately. Mr. Shepard succeeds Nicholas DeIuliis in the role of Company President (Mr. DeIuliis continues to serve as the Company’s Chief Executive Officer and as a member of the Board).
Mr. Shepard, age 44, joined the Company in 2020 and has served as the Company’s Chief Financial Officer since June 2022. From February 2020 until June 2022, Mr. Shepard served as the Company’s Vice President -- Accounting and Chief Accounting Officer. During his tenure at the Company, he has been instrumental in developing and implementing the Company’s seven-year plan, driving capital allocation strategy, and leading various strategic initiatives, including the recent Apex Energy acquisition. Before joining the Company, Mr. Shepard served as the Chief Financial Officer of EdgeMarc Energy, a private equity funded oil and gas exploration and production company. He holds a bachelor’s degree in Accounting and Business Administration from Thiel College and an MBA from Carnegie Mellon University’s Tepper School of Business. There have been no changes to Mr. Shepard’s compensation in connection with this appointment.
There are no arrangements or understandings between Mr. Shepard and any other persons pursuant to which he was selected as President of the Company. Mr. Shepard does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CNX RESOURCES CORPORATION
By: /s/ Timothy S. Bedard
Timothy S. Bedard
Executive Vice President, General Counsel and Corporate Secretary
Dated: June 12, 2025