8-KLeadership Changes

Cheniere Energy, Inc. 8-K Report, Executive Changes (May 29, 2009)

Filed May 29, 2009For Securities:LNG

Summary

This Form 8-K filing from Cheniere Energy, Inc. on May 29, 2009, reports the resignation of Don A. Turkleson as Senior Vice President, effective immediately. While Mr. Turkleson is stepping down from his executive role, he will continue to serve as a director for Cheniere Energy Partners GP, LLC, a significant subsidiary of the company and the general partner of Cheniere Energy Partners, L.P. This change in executive leadership, while noted, appears to be a transition rather than a complete separation, given his continued role within a key subsidiary.

Key Highlights

  • 1Don A. Turkleson resigned as Senior Vice President of Cheniere Energy, Inc.
  • 2The resignation was effective May 29, 2009.
  • 3Mr. Turkleson will continue to serve as a director for Cheniere Energy Partners GP, LLC.
  • 4Cheniere Energy Partners GP, LLC is a wholly owned subsidiary of Cheniere Energy, Inc.
  • 5Cheniere Energy Partners GP, LLC is the general partner of Cheniere Energy Partners, L.P.
  • 6The filing was made on May 29, 2009, reporting an event on the same date.
  • 7The filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Frequently Asked Questions

The primary reason for this 8-K filing is to report the resignation of Don A. Turkleson from his position as Senior Vice President of Cheniere Energy, Inc.

Yes, Mr. Turkleson will continue to serve as a director of Cheniere Energy Partners GP, LLC, a subsidiary of Cheniere Energy, Inc. and the general partner of Cheniere Energy Partners, L.P.

The filing does not provide details on the expected impact. However, given that Mr. Turkleson will maintain a role as a director in a key subsidiary, it suggests a transition rather than a complete divestiture of his involvement.

Cheniere Energy Partners GP, LLC, where Mr. Turkleson will continue as a director, is the general partner of Cheniere Energy Partners, L.P. and is a wholly owned subsidiary of Cheniere Energy, Inc.