In 2017, David L. Porges earned $1.75M in total compensation at EQT Corporation, including $850.00K salary and $500.00K bonus. Currently holds stock worth $37.33M. Has donated $22.15M in stock to charitable causes.
Compensation History
Annual executive compensation data for David L. Porges, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$1.75M
Salary
$850.00K
Bonus
$500.00K
Other
$402.35K
Salary
$850.00KBoard Justification
The compensation philosophy is designed to attract and retain high-quality executives, aligning their interests with those of shareholders by linking pay to performance and ensuring competitive compensation packages.
Bonus
$500.00KBoard Justification
The bonus was awarded in recognition of Mr. Porges' leadership and assistance in shareholder engagement activity resulting from the Rice acquisition.
Other Compensation
$402.35KBoard Justification
This includes life insurance premiums, 401(k) contributions, and other perquisites.
Restricted Stock
Board Justification
No stock was vested in 2017 as Mr. Porges did not receive new stock grants during his tenure as Executive Chairman.
Performance Metrics
The performance metrics for 2017 included adjusted EBITDA compared to the business plan.
David L. Porges
Ex-CEO of EQT Corporation
Education
Bachelor's degree in economics from Harvard University and an MBA from Stanford University
Field of Expertise
Other - Economics
Sector of Economy
Energy
Born
June 15, 1957 - 68 years ago
CEO of EQT Corporation for
0 years 4 months (Mar 2018 - Aug 2018)
Previous Experience
Chairman of the Board at EQT
Holdings
Track David L. Porges's stock holdings and portfolio value over time.
Total Stock Sold
$23.26M
$23.26M
542,748.998 EQT shares
What if they kept their stock?
If David L. Porges didn't sell their stock, today they would have:
Extra EQT542,748.998 shares worth $32.93M.
This is 41.61% and $9.68M more than what they got when they sold the stock.
Charitable Transactions
365,011.9 shares
EQT
Recent Charitable Transactions
10,000 shares
EQT
Dec 30, 2016
Charity
29,700 shares
EQT
Feb 25, 2016
Charity
56,000 shares
EQT
Feb 19, 2015
Charity
34,000 shares
EQT
Feb 21, 2014
Charity
9,000 shares
EQT
Feb 6, 2013
Charity
50,000 shares
EQT
Dec 31, 2012
Charity
Insider Trading
David L. Porges's recent stock transactions, purchases, and sales filed with the SEC.
98,676 shares
EQT
Feb 22, 2018
Received
$3.18M
EQT at $59.14/share
Nov 16, 2017
Sale
55,396 shares
EQT
Feb 16, 2017
Received
Rivals
Compare David L. Porges with competitor CEOs and industry peers.
Paul M. Rady
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2023 Compensation
Stock
$0.00
Salary
$1.07M
Bonus
$0.00
Other
$14.75K
Total Holdings
$1.60B
Jack A. Fusco
CEO of Cheniere Energy
2023 Compensation
Stock
$0.00
Salary
$1.58M
Bonus
$4.01M
Other
$20.77K
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$4.86M
Nicholas J. DeIuliis
CEO of CNX Resources
2023 Compensation
Stock
$0.00
Salary
$800.00K
Bonus
$960.00K
Other
$45.91K
Total Holdings
$112.17M
Thomas E. Jorden
CEO of Coterra Energy
2023 Compensation
Stock
$18.02M
Salary
$1.13M
Bonus
$2.00M
Other
$351.13K
Total Holdings
$17.22M
John Reinhart
CEO of Gulfport Energy
2023 Compensation
Stock
$2.74M
Salary
$706.13K
Bonus
$1.55M
Other
$25.27K
Total Holdings
$4.76M