Management ChangeJul 14, 2026, 04:32 PM
Cheniere Energy Partners Appoints Michael Jennings, Zamir Rauf to Board
AI Summary
Cheniere Energy Partners GP, LLC announced the appointment of Michael Jennings and Zamir Rauf to its Board of Directors, effective July 14, 2026. Mr. Jennings will serve on the Conflicts Committee and CMI SPA Committee, while Mr. Rauf will join the Conflicts Committee, Audit Committee, and Executive Committee. Concurrently, James R. Ball and Oliver G. Richard, III resigned from the Board. Both new directors are considered independent and will receive standard non-management director compensation, including a $200,000 annual equity award in phantom units and a $100,000 annual cash fee.
Key Highlights
- Michael Jennings and Zamir Rauf appointed to Cheniere Energy Partners GP, LLC Board.
- Mr. Jennings appointed to Conflicts Committee and CMI SPA Committee.
- Mr. Rauf appointed to Conflicts Committee, Audit Committee, and Executive Committee.
- James R. Ball and Oliver G. Richard, III resigned from the Board.
- New directors each received an annual equity award of $200,000 in phantom units.
- New directors will each receive an annual cash fee of $100,000 for 2026.
- Mr. Jennings previously served as CEO of HF Sinclair Corporation.
- Mr. Rauf previously served as EVP and CFO of Calpine Corporation.
Price Impact
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