Hallie A. Vanderhider
EQTAbout Hallie A. Vanderhider
Independent director at EQT since July 2019; age 67. Former energy finance and operating executive with roles spanning COO and Chief Accounting Officer within oil and gas; designated an Audit Committee Financial Expert by EQT’s Board. Serves on the Audit Committee and the Management Development & Compensation Committee; Board has affirmatively determined she is independent under NYSE standards. Re-elected at the 2025 Annual Meeting with 493,335,825 votes “For,” 5,685,471 “Against,” and 200,207 “Abstained.”
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| SFC Energy Management LP | Managing Director | 2016–2022 | — |
| Catalyst Partners LLC | Managing Partner | 2013–2016 | — |
| Black Stone Minerals Company, L.P. | President & COO | 2007–2013 | — |
| Noble Midstream GP LLC (general partner of Noble Midstream Partners LP) | Director | 2016–2021 | — |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Oil States International (NYSE: OIS) | Director | 2019–present | EQT proxy lists one other current public board for Ms. Vanderhider |
Board Governance
- Committees: Audit Committee member; Management Development & Compensation (MDC) Committee member. Audit Committee held 7 meetings in 2024; MDC held 9 meetings in 2024.
- Audit Committee Financial Expert: Board determined Ms. Vanderhider qualifies as an “audit committee financial expert.”
- Independence: Board determined Ms. Vanderhider is independent under EQT’s Corporate Governance Guidelines and NYSE standards.
- Attendance/Engagement: In 2024, the Board held 5 regular and 7 special meetings; independent directors met in 5 executive sessions. Each director attended at least 75% of Board and committee meetings; all directors attended the 2024 Annual Meeting.
- Election Results (2025 Annual Meeting): See table below for vote counts.
2025 Director Election – Vote Results (Hallie A. Vanderhider)
| Votes For | Votes Against | Abstained | Broker Non-Votes |
|---|---|---|---|
| 493,335,825 | 5,685,471 | 200,207 | 37,998,212 |
Fixed Compensation (Director)
| Year | Fees Earned/Paid in Cash ($) | Stock Awards ($) | All Other Compensation ($) | Total ($) |
|---|---|---|---|---|
| 2024 | 102,930 | 211,046 (grant-date fair value) | 44 | 314,020 |
- Cash-retainer structure (2024 program): Board member $85,000; Audit Chair $25,000; other committee chairs $15,000; Audit member $10,000; other committee members $5,000; Independent Chair retainer $150,000; paid quarterly. Special committees (if assigned): $5,000 per committee. (Structure reference for context; individual service mix drives cash totals.)
Performance Compensation (Director Equity)
| Grant | Grant Date | Instrument | Shares/Units | Grant-Date Fair Value ($) | Vesting | Notes |
|---|---|---|---|---|---|---|
| Annual Director Grant | April 17, 2024 | RSUs | 5,830 | 211,046 | Vests at 2025 Annual Meeting | RSUs determined off 30-day average price of $36.03; dividends accrue as additional RSUs; deferrable under DDCP |
| Unvested RSUs (as of 12/31/2024) | — | RSUs | 5,901 (incl. accrued dividends) | — | Unvested | Applies to each non-employee director except Equitrans designees |
- Equity ownership guidelines for directors: 5× annual cash retainer; satisfy within 5 years; each non-employee director has satisfied or is on track. Hedging/pledging prohibited by policy.
Other Directorships & Interlocks
| Company | Relationship to EQT | Potential Interlock/Conflict Notes |
|---|---|---|
| Oil States International (NYSE: OIS) | Supplier to oil & gas sector generally | No related-person transactions involving Ms. Vanderhider disclosed for 2024; EQT prohibits director hedging/pledging and maintains related-party review. Monitor for procurement overlaps; none disclosed. |
Expertise & Qualifications
- Energy finance, operational leadership; former COO and Chief Accounting Officer roles add strong oversight depth.
- Audit Committee Financial Expert designation; financially literate per NYSE standards.
- Public-company board experience (OIS).
Equity Ownership (Alignment)
| Holder | Beneficially Owned Shares | Options Exercisable (≤60 days) | DSUs Included in Beneficial Count | Percent of Class | Pledged? |
|---|---|---|---|---|---|
| Hallie A. Vanderhider | 52,959 | 0 | 25,112 (DDCP; settled in stock at distribution) | <1% | None pledged |
- Policy: Hedging and pledging of EQT securities prohibited for directors and officers.
Governance Assessment
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Strengths:
- Independent director with dual committee service (Audit; MDC) and Audit Committee Financial Expert status—supports strong financial reporting and pay oversight.
- Robust shareholder support in 2025 election; low opposition suggests investor confidence.
- Director equity aligned via RSUs and 5× retainer ownership guideline; hedging/pledging prohibited; none of her shares are pledged.
- Board and committee attendance threshold met; participated in a year with active meeting cadence.
- Compensation program stability (unchanged 2024 director pay framework) and use of RSUs vs. options reduces risk; peer-reviewed benchmarking.
-
Monitoring Items / Potential Red Flags:
- External board seat at OIS: while common in energy, monitor for any EQT procurement or transactions that could create perceived conflicts; EQT discloses related-person policies, and 2024 had no related-person transactions requiring disclosure other than those noted (none involving her).
- Committee workload and time commitments: EQT limits directors to ≤4 public boards (≤2 for sitting CEOs); Ms. Vanderhider’s disclosed board roles comply. Continue to monitor time commitments as industry conditions evolve.
Overall, her audit expertise, independence, and equity alignment, paired with strong election support and adherence to anti-hedging/pledging policies, are positives for investor confidence; no specific conflicts or attendance concerns are disclosed.