The Millennial Taking the Helm at EQT Is a Baseball Jock Turned Shale Guru
- Toby Rice, 37, is new CEO of largest U.S. gas producer
- Rice and his brothers sold their company to EQT for $6 billion
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The millennial who’s taken the top job at the largest U.S. natural gas producer is a former All-American college baseball player turned shale tycoon.
Toby Rice, 37, is the new chief executive officer at EQT Corp. after Rice and his brother Derek, 34, won a proxy battle to take control of the board. The brothers, who sold their company to EQT in 2017 for $6 billion, launched a campaign to overhaul the producer after it missed output targets and boosted spending.