EQT Holds Virtual Annual Meeting – No Fireworks This Year

Last year at this time the EQT’s then-management team was locked in a heated battle with the Rice boys–Toby and Derek Rice–who wanted to boot the existing management team and run the company themselves. EQT’s management at the time delayed the annual meeting until July (see EQT Announces Late Annual Meeting, a “Screw You” to Rice Bros.). The delay didn’t work. The Rice brothers got their candidates for the board elected and subsequently took over control of the company (see Rice Bros. Win Proxy War to Control EQT – Toby Rice New CEO). It was high drama at last year’s annual meeting. This year’s meeting was just about the opposite.

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