Sundar PichaiSundar Pichai earned $164M in 2023

Robert J. McNally took the helm as CEO of EQT Corporation in 2018, guiding the company in the energy sector with a strong focus on financial performance and sustainable operations. He has a history of making key decisions that align...

Quick Links
E

Robert J. McNally

CEO of EQT Corporation

Education

Bachelor's degree in accounting from the University of Notre Dame

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

June 20, 1971 - 53 years ago

CEO of EQT Corporation for

6 years 9 months (Aug 2018 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer at Precision Drilling Corporation

Holdings

See how much did Robert J. McNally make over time.

Robert J. McNally’s holdings tell an interesting story of fluctuations and confidence in EQT’s stock. In the past few years, his trading has shown significant activity, especially peaking during late 2021 through 2022. At one point, his monthly trading value...

Insider Trading

See recent insider trades of Robert J. McNally.

EQT

$249.32K

EQT at $18.37/share

May 29, 2019

Purchase

EQT

$263.33K

EQT at $20.80/share

Mar 29, 2019

Purchase

EQT

$28.57K

EQT at $19.10/share

Feb 19, 2019

Purchase

EQT

66,169 shares

EQT

Feb 14, 2019

Received

EQT

84,710 shares

EQT

Jan 1, 2019

Received

EQT

$145.20K

EQT at $16.69/share

Nov 16, 2018

Purchase

EQT

$93.16K

EQT at $32.93/share

Nov 2, 2018

Purchase

EQT

$539.73K

EQT at $34.16/share

Oct 31, 2018

Purchase

EQT

$204.72K

EQT at $51.18/share

Jun 6, 2018

Purchase

EQT

12,030 shares

EQT

Jan 1, 2018

Received

Compensation History

See how much did Robert J. McNally make over time.

Robert J. McNally's compensation at EQT has been largely performance-oriented. In 2023, he earned a total of $1,050,001, with a salary of just $1 and a sizable bonus that hinged on meeting specific performance metrics. This structure highlights his belief in aligning executive pay with the company’s success. Over the previous years, his total compensation fluctuated widely, peaking at over $16 million in 2021, which included a substantial bonus and stock awards. The emphasis on performance goals means that his pay effectively ties his personal achievement to the health of the company. This helps motivate not just McNally, but also signals to the market and investors that EQT is committed to driving long-term success and shareholder value.

Year

2023

Total Compensation

$1.05M

Salary

$1.00

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.05M

Board Justification

The bonus is based on the achievement of performance goals under the 2023 Short-Term Incentive Plan (STIP), which includes metrics such as free cash flow per share and environmental, health, and safety goals.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary and bonus.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based compensation.

Performance Metrics

The performance metrics for 2023 included free cash flow per share, total capex spend per Mcfe, adjusted gross G&A expense per Mcfe, cash operating margin, finding and development costs, and environmental, health, and safety metrics.

Other EQT Corporation CEOs

Here are other CEOs of EQT Corporation