Three Years Since Inception, CNX Foundation and Mentorship Academy Build on Success Addressing Region's Complex Societal Challenges
PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- Building on the CNX Foundation and Mentorship Academy's record of success in making a substantive difference on the complex issues facing the region, CNX's (NYSE: CNX) Board of Directors and Nick Deiuliis, President and CEO of the Company, today announced that the Board approved Mr. Deiuliis' request to make a $1.5 million donation to the CNX Foundation and commensurately reduce his 2024 compensation.
- This follows a previous $1.5 million contribution in 2023 and $1 million contribution in 2022 to the CNX Foundation funded through continuing reductions in Mr. Deiuliis' compensation.
- Mr. Deiuliis continued, "We said when we created the CNX Foundation that the approach would target community investments that are Tangible, Impactful, and Local.
- So, I am happy to help fund the expansion of the successful efforts of the CNX Foundation in a way where it is most beneficial to the region and to the shareholder owners of CNX."
- To learn more about the Mentorship Academy and apply to enroll in the program, visit https://www.cnx.com/about-us/the_mentorship-academy .