The Board of Directors held six regular meetings and one special meeting during 2008. The independent directors met six times in executive session without any officer of the company present. During 2008, attendance at all Board meetings averaged 94.7%. The company encourages its directors to attend the annual meeting of the shareholders, and it has been their practice to do so. All directors then in office attended the company's 2008 annual meeting of shareholders.
The four standing committees of the Board are the Audit, Compensation, Corporate Governance and Executive Committees. The Corporate Governance Committee serves as the nominating committee for the company. During 2006, attendance at all committee meetings averaged 91%. In 2008, each director attended at least 83% of the Board and of the committees on which the director served. The Board may from time to time form new committees, disband an existing committee, and delegate additional responsibilities to a committee.
The table below sets forth membership and meeting information for each Board committee.
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Audit
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Compensation
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Corporate Governance
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Executive
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Murry S. Gerber
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Member of the Executive Committee, Mr. Gerber is chairman and chief executive officer of EQT since May 2000; chief executive officer and president, EQT Corporation, June 1998 through February 2007. Mr. Gerber is also a director of BlackRock, Inc.
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Vicky A. Bailey
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Member of the Audit Committee, Ms. Bailey is president of Anderson Stratton International, LLC (strategic consulting and government relations), since November 2005; partner, Johnston & Associates, LLC (consulting firm), March 2004 through October 2005; assistant secretary for the Office of Policy and International Affairs at the Department of Energy, June 2001 through February 2004; president, PSI Energy, Inc. 2000 through May 2001. She is also a director of Cheniere Energy, Inc.
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Philip G. Behrman Ph. D.
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Member of the Audit Committee, Dr. Behrman joined the board on July 9, 2008 after retiring as senior vice president, Worldwide Exploration for Marathon Oil Corporation, where he held progressively responsible positions in the U.S. and internationally.
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A. Bray Cary Jr.
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Member of the Corporate Governance Committee and Compensation Committee, Mr. Cary is currently president and chief executive officer of West Virginia Media Holdings, LLC, and is nationally known as a sports marketing entrepreneur. Previously Mr. Cary was founder and president of Creative Sports Marketing, Inc., sports consultant for ESPN, Inc. and vice president, TV and Technology for National Association for Stock Car Auto Racing, Inc. (NASCAR).
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Barbara S. Jeremiah
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Member of the Audit Committee, Ms. Jeremiah retired in December 2008 as executive vice president of Corporate Development, Alcoa, Inc. (producer of aluminum),a role in which she served since July 2002. Previously she was vice president, Corporate Development, at Alcoa, Inc. since, January 1998. She is also a director of Allegheny Technologies, Inc.
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George L. Miles Jr.
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Chairman of the Corporate Governance Committee and member of the Executive Committee, Mr. Miles, Jr. is president and chief executive officer of WQED Multimedia (multimedia company), since 1994. He is also a director of WESCO International, Inc., Harley- Davidson, Inc., American International Group, Inc. and HFF, Inc.
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David L. Porges
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Mr. Porges is president, chief operating officer and director, EQT, since February 2007; vice chairman and executive vice president, Finance and Administration, EQT, January 2005 through February 2007; executive vice president, chief financial officer and director, EQT Corporation May 2002 through December 2004; executive vice president and chief financial officer, EQT, February 2000 through May 2002.
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James E. Rohr
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Chair of the Executive Committee and member of the Compensation Committee, Mr. Rohr is also chairman and chief executive officer of The PNC Financial Services Group, Inc. (financial services), since August 2002; chairman, president and chief executive officer, The PNC Financial Services Group, Inc., May 2001 through August 2002; president, chief executive officer and director, The PNC Financial Services Group, Inc., May 2000 through May 2001. He is also a director of Allegheny Technologies, Inc. and BlackRock, Inc.
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David S. Shapira
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Member of the Corporate Governance Committee, Mr. Shapira is chairman, chief executive officer and president of Giant Eagle, Inc. (retail grocery store chain), since July 2005; chairman and chief executive officer, Giant Eagle, Inc., since February 1994.
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Lee T. Todd Jr. Ph.D.
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Chair of the Compensation Committee and a member of the Executive Committee, Dr. Todd, Jr. is president of the University of Kentucky, since July 2001; senior vice president, Lotus Development Corporation, June 2000 through May 2001.
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James W. Whalen
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Chair of the Audit Committee and member of the Executive Committee, Mr. Whalen is president of Finance and Administration for Targa Resources, Inc. (gas transportation and liquids products company), since November 2005; consultant, Parker Drilling Company (global drilling company), since November 2005; senior vice president and chief financial officer, Parker Drilling Company, October 2002 through October 2005; chief financial officer, Diversified Diagnostic Products, Inc. (medical equipment company) and consultant, January 2000 through September 2002. He is also vice chairman of the board of Parker Drilling Company and a director of Targa Resources Partners LP.
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