
Leadership Transition - Alan Shepard will become the President and CEO of CNX Resources Corporation effective January 1, 2026, succeeding Nick Deiuliis, who will retire at the end of 2025 after 35 years with the company [1][2] - Nick Deiuliis will remain engaged with CNX as a member of its Board of Directors after his retirement [1] - Alan Shepard has over 20 years of experience in the energy sector and has been with CNX since 2020, serving as CFO since June 2022 and President since June 2025 [1][2] Company Strategy and Vision - Alan Shepard emphasized the company's commitment to optimizing long-term per-share value, prudent capital allocation, and innovation to deliver value for stakeholders [2] - CNX Resources Corporation focuses on being a leading Appalachian energy company with a sustainable business model [2] Company Overview - CNX Resources Corporation is a premier, ultra-low carbon intensive natural gas development and production company based in Appalachia, with a significant asset base and a legacy of 161 years [3] - As of December 31, 2024, CNX had 8.54 trillion cubic feet equivalent of proved natural gas reserves [3]