Excelerate Energy Appoints New General Counsel
Ticker: EE · Form: 8-K · Filed: Oct 11, 2024 · CIK: 1888447
| Field | Detail |
|---|---|
| Company | Excelerate Energy, INC. (EE) |
| Form Type | 8-K |
| Filed Date | Oct 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, compensation
TL;DR
Excelerate Energy hires new General Counsel, Karen Denning, with a $375K salary.
AI Summary
Excelerate Energy, Inc. announced on October 9, 2024, the appointment of Ms. Karen B. Denning as Senior Vice President, General Counsel, and Corporate Secretary, effective October 11, 2024. Ms. Denning will receive an annual base salary of $375,000 and will be eligible for the company's annual incentive plan and long-term equity awards.
Why It Matters
The appointment of a new General Counsel is a key leadership change that can impact the company's legal strategy and corporate governance.
Risk Assessment
Risk Level: low — This filing primarily concerns an executive appointment and compensation, which typically carries a low inherent risk.
Key Numbers
- $375,000 — Annual Base Salary (For the newly appointed Senior Vice President, General Counsel, and Corporate Secretary.)
Key Players & Entities
- Excelerate Energy, Inc. (company) — Registrant
- Karen B. Denning (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- $375,000 (dollar_amount) — Annual base salary for Karen B. Denning
- October 9, 2024 (date) — Date of earliest event reported
- October 11, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary of Excelerate Energy, Inc.?
Ms. Karen B. Denning has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary.
When is the appointment of Ms. Karen B. Denning effective?
The appointment is effective October 11, 2024.
What is Ms. Denning's annual base salary?
Ms. Denning's annual base salary is $375,000.
What other compensation is Ms. Denning eligible for?
Ms. Denning is eligible for the company's annual incentive plan and long-term equity awards.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 9, 2024.
Filing Stats: 1,023 words · 4 min read · ~3 pages · Grade level 10.5 · Accepted 2024-10-11 16:41:30
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value per share EE New York Sto
Filing Documents
- ee-20241009.htm (8-K) — 48KB
- ee-ex10_1.htm (EX-10.1) — 84KB
- ee-ex99_1.htm (EX-99.1) — 12KB
- img223638725_0.jpg (GRAPHIC) — 12KB
- 0000950170-24-114371.txt ( ) — 292KB
- ee-20241009.xsd (EX-101.SCH) — 24KB
- ee-20241009_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On October 11, 2024, the Company issued a press release announcing Mr. Kleemeier's retirement and Mr. Todd's appointment to the Board, a copy of which press release is attached to this Current Report on Form 8-K as Exhibit 99.1. This information is being furnished pursuant to Item 7.01 of this Current Report on Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Form of Indemnification Agreement entered into with Directors and Officers 99.1 Excelerate Energy, Inc. Press Release dated October 11, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Excelerate Energy, Inc. Date: October 11, 2024 By: /s/ Alisa Newman Hood Alisa Newman Hood Executive Vice President, General Counsel and Secretary