Cheniere shareholders say no to executives compensation plan

Houston-based LNG player Cheniere Energy filed a report with the U.S. Securities and Exchange commission stating that the company’s shareholders voiced their opposition against the company’s 2013 executive compensation plan.

Cheniere Energy’s CEO Sharif Souki, one of the executive members named in the filing, is the highest paid executive in the U.S.

The company said that 87,66 million votes were against approving the 2013 executive compensation plan with 75,98 million votes for.

It has to be noted that the stakeholders’ vote was advisory and non-binding.

LNG World News Staff, September 19, 2014; Image: Cheniere