Form 8-K · Current Report · Filed 2024-10-03
Cheniere Energy Transitions COO to Advisor Role
On October 2, 2024, Cheniere Energy, Inc. announced the transition of Corey Grindal, its Executive Vice President and Chief Operating Officer, to an Executive Vice President and Advisor. Grindal's employment will continue until January 2, 2025, after which it will terminate. As per the Letter Agreement, Grindal will receive benefits under the Cheniere Energy, Inc. Key Executive Severance Pay Plan, outplacement services for 12 months, and an additional $24,000 for benefit costs, subject to signing a release of claims and not resigning prior to the termination date.
- Filer
- Cheniere Energy Inc. LNG · NYSE
- Filed
- Accession
- 0000003570-24-000113
- CIK
- 0000003570
- Signal
- High impactEnergy
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$184.51
Next session
+2.1%
Since filing
+42.8%
Latest close
$263.57
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from LNG reporting the same item, with the next session's move:
Exhibits (1)
About Cheniere Energy Inc.
Cheniere Energy Inc. is a leading energy company primarily engaged in the liquefied natural gas (LNG) sector. Its main operation involves the production, transportation, and marketing of LNG to customers across the globe. Cheniere stands as a pivotal entity in the energy industry, facilitating international energy trade and addressing the growing demand for cleaner energy alternatives. The company operates major LNG export facilities, including the Sabine Pass LNG Terminal in Louisiana and the Corpus Christi LNG Terminal in Texas, which play critical roles in supplying LNG to various markets. Cheniere Energy collaborates with an array of global partners spanning numerous sectors such as power generation, industrial manufacturing, and energy trading. By leveraging cutting-edge technology and infrastructure, Cheniere contributes significantly to the global supply chain and energy security, emphasizing the importance of LNG as a transitional fuel in meeting carbon reduction goals and supporting economic development worldwide.
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