Cheniere Energy Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$LNG
Oil/Gas Transmission
Utilities
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): October 2, 2024
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
(713 ) 375-5000
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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:
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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 ☐
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 2, 2024, Cheniere Energy, Inc. (the “Company”) and Corey Grindal, the Company’s Executive Vice President and Chief Operating Officer, entered into a letter agreement (the “Letter Agreement”) setting forth the terms of Mr. Grindal’s transition to Executive Vice President and Advisor. Mr. Grindal and the Company agreed that Mr. Grindal’s employment with the Company as Executive Vice President and Advisor will continue through January 2, 2025, at which time his employment will terminate.
The Letter Agreement provides that, subject to Mr. Grindal signing an effective release of claims and not resigning his employment prior to January 2, 2025, Mr. Grindal will be entitled to (i) the benefits in accordance with the Cheniere Energy, Inc. Key Executive Severance Pay Plan; and (ii) outplacement services for 12 months and an additional amount of $24,000 for the costs associated with benefits.
A copy of the Letter Agreement is attached hereto as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter Agreement.
Item 9.01 Financial Statements and Exhibits
d) Exhibits
| Exhibit No. | Description | |||||||
| 10.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
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: | October 3, 2024 | By: | /s/ Zach Davis | ||||||||||||||||||||
| Name: | Zach Davis | ||||||||||||||||||||||
| Title: | Executive Vice President and | ||||||||||||||||||||||
| Chief Financial Officer | |||||||||||||||||||||||