CNX Resources names Alan Shepard CEO and Everett Good CFO effective January 1, 2026
CNX Resources disclosed that Alan Shepard will become President and Chief Executive Officer and a board member, and Everett Good will become Chief Financial Officer, both effective January 1, 2026. The filing sets out their pay packages, including base salaries and incentive targets, and their change-in-control severance terms, which show the cost of each executive's exit terms to the company.
Key points
- Alan Shepard: base salary of $600,000 per year, with a short-term incentive target of $720,000 and a 2026 long-term equity target of $3,000,000.
- Everett Good: base salary of $310,000 per year, with a short-term incentive target of $186,000 and a 2026 long-term equity target of $1,700,000.
- Good received a special grant on January 5, 2026 of 191,667 target performance share units, earned based on absolute stock price performance through July 31, 2028 and July 31, 2030.
- Shepard's amended change-in-control agreement provides cash severance of 2.5 times base salary plus short-term incentive pay; Good's provides 1.5 times.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.