Cheniere Energy Appoints New General Counsel
Ticker: LNG · Form: 8-K · Filed: Apr 2, 2024 · CIK: 3570
Sentiment: neutral
Topics: executive-appointment, legal, compensation
TL;DR
Cheniere Energy just hired a new General Counsel, Michael Wortley, with a $450k salary + bonus.
AI Summary
Cheniere Energy, Inc. announced on April 2, 2024, changes in its executive team. The company appointed Michael J. Wortley as Senior Vice President, General Counsel, and Corporate Secretary, effective April 1, 2024. Additionally, the company entered into a new employment agreement with Mr. Wortley, which includes a base salary of $450,000 and potential for an annual bonus.
Why It Matters
This filing indicates a significant leadership change in a key legal role, which could impact the company's strategic direction and regulatory compliance.
Risk Assessment
Risk Level: low — The filing pertains to routine executive appointments and employment agreements, not a material financial event or strategic shift.
Key Numbers
- $450,000 — Base Salary (Annual base salary for the new General Counsel, Michael J. Wortley.)
Key Players & Entities
- Cheniere Energy, Inc. (company) — Registrant
- Michael J. Wortley (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- $450,000 (dollar_amount) — Base salary for Michael J. Wortley
FAQ
What is Michael J. Wortley's new role at Cheniere Energy?
Michael J. Wortley has been appointed as Senior Vice President, General Counsel, and Corporate Secretary.
When was Michael J. Wortley's appointment effective?
The appointment was effective April 1, 2024.
What is the base salary for Michael J. Wortley?
Michael J. Wortley's base salary is $450,000 per year.
Does Michael J. Wortley's compensation include a bonus?
Yes, the employment agreement states that Mr. Wortley is eligible for an annual bonus.
What other items are reported in this 8-K filing?
This 8-K filing also reports on the election of directors and compensatory arrangements of certain officers, in addition to the departure of directors or certain officers.
Filing Stats: 513 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-04-02 16:04:59
Key Financial Figures
- $0.003 — ange on which registered Common Stock, $0.003 par value LNG NYSE Indicate by check
Filing Documents
- lng-20240402.htm (8-K) — 25KB
- lng-20240402_g1.gif (GRAPHIC) — 25KB
- 0000003570-24-000045.txt ( ) — 219KB
- lng-20240402.xsd (EX-101.SCH) — 2KB
- lng-20240402_lab.xml (EX-101.LAB) — 22KB
- lng-20240402_pre.xml (EX-101.PRE) — 13KB
- lng-20240402_htm.xml (XML) — 3KB
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. CHENIERE ENERGY, INC. Date: April 2, 2024 By: /s/ Zach Davis Name: Zach Davis Title: Executive Vice President and Chief Financial Officer