Following pressure from “activist” investors, EQT split off its midstream (pipeline) division into a new/separate company in November 2018 (see It’s Here! EQT Midstream Division Now Split into Standalone Co.). Equitrans, as the new company is called, has been headed by Thomas Karam, president and chief executive officer. Recently Equitrans promoted Diana Charletta to the role of president. Karam remains CEO and has been named chairman of the board (replacing David Porges in the chairman role).