Cheniere Energy Partners Appoints New CEO and COO

TL;DR

Cheniere Energy Partners just swapped CEOs and brought in a new COO. Big leadership shakeup.

AI Summary

Cheniere Energy Partners, L.P. announced on April 2, 2024, the appointment of Mr. Michael J. Mears as Chief Executive Officer and Mr. G. Nicholas. L. Smith as Chief Operating Officer. The company also reported the departure of Mr. Jack G. Collins from his role as Chief Executive Officer. These changes are effective immediately.

Why It Matters

Leadership changes at a major energy infrastructure company like Cheniere Energy Partners can signal shifts in strategy or operational focus, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Leadership changes can introduce uncertainty regarding future strategy and operational execution, potentially impacting the company's performance.

Key Players & Entities

• Cheniere Energy Partners, L.P. (company) — Registrant
• Michael J. Mears (person) — Appointed Chief Executive Officer
• G. Nicholas. L. Smith (person) — Appointed Chief Operating Officer
• Jack G. Collins (person) — Departed Chief Executive Officer
• April 2, 2024 (date) — Effective date of changes

FAQ

From the Filing

0001383650-24-000017.txt : 20240402 0001383650-24-000017.hdr.sgml : 20240402 20240402160554 ACCESSION NUMBER: 0001383650-24-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240402 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cheniere Energy Partners, L.P. CENTRAL INDEX KEY: 0001383650 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 205913059 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33366 FILM NUMBER: 24814197 BUSINESS ADDRESS: STREET 1: 700 MILAM ST. STREET 2: SUITE 1900 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: (713) 375-5000 MAIL ADDRESS: STREET 1: 700 MILAM ST. STREET 2: SUITE 1900 CITY: HOUSTON STATE: TX ZIP: 77002 8-K 1 cqp-20240402.htm 8-K cqp-20240402 0001383650 false 0001383650 2024-04-02 2024-04-02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 2, 2024      CHENIERE ENERGY PARTNERS, L.P. (Exact name of registrant as specified in its charter) Delaware 001-33366 20-5913059 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 845 Texas Avenue , Suite 1250 Houston , Texas 77002 (Address of principal executive offices) (Zip Code) ( 713 )  375-5000 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))      Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Units Representing Limited Partner Interests CQP NYSE     Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).     Emerging growth company ☐     If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Matthew Hutton and Matthew Runkle were appointed to the Board of Directors (the “Board”) of Cheniere Energy Partners GP, LLC, the general partner (the “General Partner”) of Cheniere Energy Partners, L.P. (the “Partnership”), effective as of April 2, 2024. The appointment of Messrs. Hutton and Runkle to the Board was made pursuant to the rights of CQP Holdco LP (f/k/a Blackstone CQP Holdco LP) under the Third Amended and Restated Limited Liabili