Magnolia Oil & Gas Corporation announced that its board of directors has increased the size of the Board from seven to eight directors and has appointed David Khani as an independent director of the Board, effective immediately. Mr. Khani will serve as a member of the Audit Committee. Mr. Khani served as Chief Financial Officer of EQT Corporation, a leading independent U.S. natural gas producer with an asset base in the core of the Appalachian Basin (EQT Corp.), from January 2020 until July 2023.

Prior to joining EQT Corp., Mr. Khani served as the Executive Vice President and Chief Financial Officer of CONSOL Energy, an energy company whose businesses during his tenure included natural gas, exploration and production, and coal mining (CONSOL), from March 2013 to December 2019, and as Vice President, Finance at CONSOL from September 2011 to March 2013. During his time at CONSOL, Mr. Khani also held chief financial officer and board member roles at CONSOL affiliates, including at CNX Midstream Partners LLC (formerly, CONE Midstream LLC), a joint venture with Noble Energy. Mr. Khani spent the first 18 years of his career at various investment banking and capital market firms, including FBR & Co., Prudential Financial Inc., and Lehman Brothers Inc.Mr. Khani holds a B.A. in biological sciences from State University of New York?Binghamton and an M.B.A. in corporate accounting and finance from the University of Rochester.

He has been a chartered financial analyst (CFA) for 25 years.