CNX Resources Corp Appoints New CFO; Former CFO to Depart

What Happened

• CNX Resources Corporation announced on September 21, 2026 (filed 8-K) that Ravi Srivastava has been appointed Chief Financial Officer and will serve as the company’s principal financial officer. Mr. Srivastava, age 45, succeeds Everett W. Good effective September 17, 2026.
• Melissa Long (age 43), Vice President Financial Reporting and Controller since May 2026, will serve as the company’s principal accounting officer. The company said Mr. Good’s departure was mutual, not due to any disagreement with the company’s operations, policies, or practices.

Key Details

• Appointment/Effective dates: Mr. Srivastava announced Sept 21, 2026; his CFO role effective Sept 17, 2026. Mr. Good remains a non‑executive employee until Oct 2, 2026 and is expected to consult through end of 2026.
• Cash and equity in separation: Mr. Good is expected to receive a lump-sum cash payment of $220,673.08 (less withholdings), accelerated vesting/payment for 24,701 time‑based restricted stock units, and continued vesting treatment for 39,033 target performance‑based awards (based on actual performance).
• Backgrounds: Mr. Srivastava joined CNX in 2010, served as SVP Operations since Feb 2025, and holds degrees from Bluefield State College, Penn State (engineering management), and MIT (MBA). Ms. Long holds a BS in accounting (Slippery Rock) and an MBA (Univ. of Pittsburgh).
• No reportable related-party transactions or special arrangements were disclosed for either Mr. Srivastava or Ms. Long under Item 404(a) of Regulation S‑K.

Why It Matters

• This 8-K discloses a change in senior financial leadership — a material corporate governance event investors watch closely because the CFO oversees financial reporting and investor communications.
• The filing shows an orderly transition: an experienced internal successor, a designated principal accounting officer, and a consulting arrangement with the departing CFO to support the handoff.
• The company will incur a one-time cash payment and equity vesting adjustments tied to Mr. Good’s departure; investors may note these discrete compensation items when assessing near-term costs and executive turnover disclosure.