Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 30, 2009, Atlas Energy, Inc. (the "Company") appointed Richard D. Weber as the Company's President. Edward E. Cohen, the Company's previous President, continues to serve as the Company's Chairman and Chief Executive Officer. From 2006 until its merger with the Company, Mr. Weber, age 46, was President, Chief Operating Officer and a director of Atlas Energy Resources,
LLC. Mr. Weber served from June 1997 until March 2006 as Managing Director and Group Head of the Energy Group of KeyBanc Capital Markets, a division of KeyCorp, and its predecessor, McDonald & Company Securities, Inc. As part of his duties, he oversaw the bank's activities with oil and gas producers, pipeline companies and utilities.

As previously described in the Definitive Proxy Statement on Schedule 14A for the Company's Annual Meeting of Stockholders held on July 13, 2009, the Company entered into an employment agreement (the "Agreement") with Mr. Weber in April 2006, as amended in April 2007 and as further amended in December 2008. The Agreement, the terms of which will continue to govern Mr. Weber's compensation and employment as the Company's President, was filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2006. Amendment No. 1 to the Agreement was filed as an exhibit to the Company's Current Report on Form 8-K filed with the SEC on May 1, 2007 and Amendment No. 2 to the Agreement was filed as an exhibit to the Company's Annual Report on Form 10-K for the year ended December 31, 2008.

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