Toby Z. Rice

Toby Z. Rice is a President and Director of EQT Corporation (EQT)

the largest natural gas operator in the U.S. Toby was previously the President, COO, and Founder of Rice Energy before its $8.2 billion sale to EQT in 2017. Toby led Rice’s execution of its high-growth strategy, amassing a 250,000 net acre position in the core of the Marcellus and Utica. Toby’s data-driven approach to operations consistently delivered the best performing wells in the Appalachian basin. Toby also created Rice’s digital work environment which enabled effective collaboration and innovation, allowing Rice to continuously evolve and easily scale with fewer people and streamlined processes.

Since May 2018, Toby has served as a Partner at Rice Investment Group, a multi-strategy fund investing in all verticals of the oil and gas sector. From October 2013 until its acquisition by EQT in November 2017, Toby was President, Chief Operating Officer and a member of the Board of Directors of Rice Energy. Previously, he served in a number of positions with Rice Energy, its affiliates and predecessor entities beginning in February 2007, including President and Chief Executive Officer of a predecessor entity from February 2008 through September 2013.