STOCK TITAN

CNX Resources names Ravi Srivastava CFO

CNX restructured its senior finance leadership, with a new CFO and principal accounting officer appointed following the prior CFO’s without-cause departure.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CNX Resources Corporation (CNX) reported leadership changes in its finance organization. On September 21, 2026, the Board appointed Ravi Srivastava, previously Senior Vice President Operations, as Chief Financial Officer and principal financial officer, succeeding Everett W. Good effective September 17, 2026. Melissa Long, Vice President Financial Reporting and Controller, will serve as principal accounting officer. The company states there were no arrangements or understandings leading to either appointment and no related-party transactions requiring disclosure. Mr. Good stepped down as CFO without cause on September 17, 2026, is expected to receive cash and equity-related benefits in connection with his departure, and will remain as a non-executive employee until October 2, 2026, then as a consultant through the end of 2026.

Positive

  • None.

Negative

  • Chief Financial Officer departure and transition costs: Everett W. Good stepped down as CFO without cause on September 17, 2026 and is expected to receive a lump-sum cash payment and accelerated/continued vesting on equity awards in connection with his departure and consulting role.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Lump-sum cash payment to former CFO $220,673.08 Expected payment to Everett W. Good in connection with his departure and consulting arrangement
Time-based RSUs with accelerated vesting 24,701 units Outstanding time-based restricted stock units for Mr. Good subject to accelerated vesting and payment
Performance-based equity awards with continued vesting 39,033 target awards Outstanding target performance-based equity awards for Mr. Good with continued vesting based on actual performance
Effective date of CFO change September 17, 2026 Date Mr. Srivastava succeeded Mr. Good as CFO
Consulting period end End of 2026 Expected end of Mr. Good’s consulting role with the company
New CFO age 45 years Age of Ravi Srivastava at the time of appointment as CFO
Principal accounting officer age 43 years Age of Melissa Long when designated principal accounting officer
principal financial officer financial
"Mr. Srivastava will serve as the Company’s principal financial officer."
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
principal accounting officer financial
"will serve as the Company principal accounting officer."
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
accelerated vesting financial
"accelerated vesting treatment and payment for his 24,701 outstanding time-based restricted"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
performance-based equity awards financial
"continued vesting treatment for 39,033 of his outstanding target performance-based equity awards"
release of claims regulatory
"expected to enter into an agreement and a customary release of claims in connection"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership changes in the finance organization did CNX (CNX) announce?

CNX announced that Ravi Srivastava was appointed Chief Financial Officer and principal financial officer, and Melissa Long will serve as principal accounting officer, following the departure of former CFO Everett W. Good effective September 17, 2026.

When did CNX’s former CFO Everett W. Good step down?

Everett W. Good stepped down as CFO without cause on September 17, 2026. He will remain a non-executive employee until October 2, 2026 and then continue as a consultant through the end of 2026 to assist with the CFO transition and related matters.

What compensation is Everett W. Good expected to receive from CNX (CNX) in connection with his departure?

Everett W. Good is expected to receive a lump-sum cash payment of $220,673.08, accelerated vesting and payment for 24,701 time-based restricted stock units, and continued vesting treatment for 39,033 target performance-based equity awards, subject to the terms of an agreement and release.

Did CNX (CNX) report any disagreement with the former CFO?

CNX stated that Mr. Good’s cessation of service as CFO was not the result of any disagreement with the company on any matter relating to its operations, policies, or practices.

What is known about the background of CNX’s new CFO, Ravi Srivastava?

Ravi Srivastava, age 45, has been with CNX since 2010 and has held roles across operations, technology, and data analytics. He previously served as Senior Vice President Operations and has advanced degrees in engineering management and business administration.

Who is CNX’s new principal accounting officer and what is her background?

Melissa Long, age 43, will serve as principal accounting officer. She has been CNX’s Vice President Financial Reporting and Controller since May 2026, and previously held accounting leadership roles including Director of Accounting and Manager of Accounting and Financial Reporting for CNX Midstream Partners LP.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): September 17, 2026
CNX Resources Corporation
(Exact name of registrant as specified in its charter)
Delaware001-1490151-0337383
(State or other jurisdiction
of incorporation)
(Commission File Number)(IRS Employer
Identification No.)
 
CNX Center
1000 Horizon Vue Drive
Canonsburg, Pennsylvania 15317

(Address of principal executive offices)
(Zip code)

Registrant's telephone number, including area code:
(724) 485-4000

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of exchange on which registered
Common Stock ($.01 par value)CNXNew York Stock Exchange
Preferred Share Purchase Rights--New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Mr. Srivastava as Chief Financial Officer

On September 21, 2026, the Board of Directors (the “Board”) of CNX Resources Corporation (the “Company”) announced that it has appointed Ravi Srivastava, the Company’s current Senior Vice President Operations, to serve as the Company’s Chief Financial Officer (“CFO”). Mr. Srivastava will serve as the Company’s principal financial officer.

Mr. Srivastava, age 45, has served as the Senior Vice President Operations since February 2025. Previously, Mr. Srivastava served as President, New Technologies from December 2021 and Vice President – Data and Operations Technology from June 2020. Mr. Srivastava, who joined the Company in 2010, has an extensive tenure with the Company, having served in a broad range of leadership roles including Engineering, Research & Development, Drilling and Production Operations, Production Engineering, Information Technology, and Data Science and Analytics. Mr. Srivastava graduated with a bachelor’s degree in electrical engineering from Bluefield State College and holds master’s degrees in engineering management and business administration from Penn State University and MIT, respectively.

There are no arrangements or understandings between Mr. Srivastava and any other persons pursuant to which he was selected as CFO of the Company. Mr. Srivastava does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K.

Melissa Long, age 43, who has served as the Company’s Vice President Financial Reporting and Controller since May 2026, will serve as the Company principal accounting officer. Previously, Ms. Long served as Director of Accounting from January 2022 and Manager of Accounting and Financial Reporting of CNX Midstream Partners LP from October 2014. Ms. Long graduated with a bachelor’s degree in accounting from Slippery Rock University and holds a master’s degree in business administration from the University of Pittsburgh.

There are no arrangements or understandings between Ms. Long and any other persons pursuant to which she was selected to serve as the Company’s principal accounting officer. Ms. Long does not have any direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a) of Regulation S-K.

Departure of Mr. Good as Chief Financial Officer

On September 17, 2026, the Company and Everett W. Good, the Company’s then-current CFO, mutually agreed that Mr. Good would step down from his position as CFO without cause, effective immediately. Mr. Srivastava succeeds Mr. Good in the role of CFO, effective as of September 17, 2026. After over 13 total years of dedicated service and meaningful contributions to the Company in his many roles, Mr. Good will be departing from the Company to pursue other career opportunities. Mr. Good’s cessation of service in the role of CFO was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Good will remain a non-executive employee of the Company until October 2, 2026, after which he will continue serving the Company in a consulting capacity to assist in the CFO transition and related or other pertinent matters.

Mr. Good is expected to enter into an agreement and a customary release of claims in connection with his departure from the Company, including to memorialize Mr. Good’s consulting arrangement with the Company. In connection with Mr. Good’s departure and his consulting activities, he is expected to receive (1) a lump sum cash payment of $220,673.08, less applicable withholdings and deductions, plus (2) accelerated vesting treatment and payment for his 24,701 outstanding time-based restricted stock units and continued vesting treatment for 39,033 of his outstanding target performance-based equity awards (based on actual performance results), as further described in the agreement. Mr. Good’s consulting role with the Company is currently expected to last through the end of 2026.












SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
                        
                        CNX RESOURCES CORPORATION

By: /s/ Timothy S. Bedard
Name: Timothy S. Bedard
Title: Executive Vice President, General Counsel and Corporate Secretary

Dated: September 22, 2026





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