PITTSBURGH (AP) — Consol Energy Chairman and CEO J. Brett Harvey is shifting to executive chairman of the coal and natural gas company. President Nicholas DeIuliis is being promoted to CEO.
The 63-year-old Harvey has served as CEO since January 1998.
DeIuliis, 45, has served as president of Consol Energy Inc. since February 2011. He will retain his role of president and is up for election as a board member at the company's annual shareholders meeting on May 7.
Consol Energy said that the appointments are effective immediately after its annual shareholders meeting.
The company's stock added 25 cents to $40.47 in morning trading Friday.