Steven T. Schlotterbeck served as CEO of EQT Corporation from March 2017 to March 2018, taking over after a significant restructuring of the company's leadership. Before stepping into this top role, he gained extensive experience in the natural gas industry,...

Steven T. Schlotterbeck served as CEO of EQT Corporation from March 2017 to March 2018, taking over after a significant restructuring of the company's leadership. Before stepping into this top role, he gained extensive experience in the natural gas industry, holding various management positions at EQT, including Executive Vice President and President of Exploration and Production. Schlotterbeck's career in the energy sector spans over 27 years, during which he worked for notable companies like Marathon Oil and Statoil. His leadership at EQT coincided with a period of intense focus on performance and cash compensation, which included a total reported compensation of $3 million in 2017, mostly driven by a substantial bonus based on financial performance targets. Interestingly, throughout his tenure, he opted for cash payouts rather than stock options, emphasizing performance-based rewards. Schlotterbeck made headlines for his significant insider trading activities, reflecting confidence in the company's strategy, with trades over $9 million at times. However, he eventually resigned over dissatisfaction with compensation levels, showcasing the challenges of balancing executive pay and performance.