In 2005, Richey moved to Consol Energy as general counsel and corporate secretary. In 2007, he was promoted to the position of senior vice president, general counsel and corporate secretary, and in 2009, he was promoted to the position of chief legal officer and executive vice president.
In that latter role, he continued to have principal responsibility for the legal affairs of Consol and also was responsible for management of its environmental, government relations, human resources and public relations departments.
Richey announced in December 2012 that he planned to retire from Consol in March 2014. As part of that announcement, Consol began the transition of the chief legal officer role. Beginning in January of this year, Richey became executive vice president of corporate projects and, effective January 1, Stephen W. Johnson, senior vice president and general counsel, was promoted to chief legal and corporate affairs officer.
Johnson now oversees the legal, environmental, human resources, major transactions, government affairs and public relations functions at Consol. He had joined Consol in 2005 as the general counsel of its subsidiary, CNX Gas Corp. Before that, Johnson was a partner at Reed Smith and Buchanan Ingersoll.
In 2012, Richey continued his run as one of the highest-paid general counsel among the state's publicly traded companies. He ranked ninth in TheLegal's GC Compensation supplement's ranking of GCs by total cash compensation. In 2012, Richey earned nearly $870,000 in total cash compensation, which included nearly $450,000 in salary and another $425,000 in nonequity incentive plan compensation. When adding up his total cash payout and other stock and option awards and pension value, Richey earned more than $2.2 million in 2012.
This article originally appeared in The Legal Intelligencer.