On October 23, 2019, QEP Resources, Inc. announced that Richard J. Doleshek, Executive Vice President and Chief Financial Officer, will be leaving the Company effective December 31, 2019. Mr. Doleshek's departure was not the result of any disagreement with the Company on any matter relating to the operations, policies or practices of the Company. In connection with Mr. Doleshek's departure, the Company and Mr. Doleshek entered into a Separation and Release Agreement.

On October 21, 2019, the Board elected William J. Buese, the Company's Vice President Finance and Treasurer, to serve as the Company's Chief Financial Officer and Treasurer, effective January 1, 2020. Mr. Buese has served as Vice President Finance and Treasurer since May 16, 2014.