Tellurian閳ユ獨 Charif Souki Out, Replaced by Martin Houston as Board Chair

Tellurian Inc.閳ユ獨 board of directors named Martin Houston as the company閳ユ獨 chairman of the board to replace Charif Souki, who was terminated "without cause."

Hart Energy Staff

Editor's note: This article has been updated to reflect additional changes to Tellurian leadership. 

Tellurian Inc.閳ユ獨 board of directors named Martin Houston to be the company閳ユ獨 chairman of the board to replace Charif Souki, the company announced on Dec. 8.

閳ユ窅o-founder Charif Souki will no longer serve as an executive or officer of the company or hold any managerial responsibilities. Souki remains a member of the board of directors,閳ワ拷 Tellurian announced in a news release and regulatory filing.

In addition, Tellurian's board of directors appointed its former General Counsel Daniel Belhumeur to president and its former Deputy General Counsel Meredith Mouer as general counsel and chief compliance officer, the company announced Dec. 11.

The Houston-based company said that the changes weren閳ユ獩 related to 閳ワ拷any material or unexpected financial events.閳ワ拷

The decision comes after a November disclosure in which Tellurian said the company had 閳ユ笩ubstantial doubt about our ability to continue as a going concern.閳ワ拷

Houston and Souki are co-founders of Tellurian, which is developing the Driftwood LNG export project in Louisiana.

Houston holds a bachelor's degree in geology from Newcastle University (1979) and a petroleum geology master's degree from Imperial College London (1983), according to details on Tellurian閳ユ獨 website, which has been updated to reflect the changes.

Souki termination 閳ユ辅ithout cause閳ワ拷

Regarding Souki, Tellurian provided a notice of termination 閳ユ辅ithout cause閳ワ拷 effective Dec. 8, and may be required to pay the executive 閳ユ竷ertain severance if Mr. Souki executes a separation agreement and general release, which would include his resignation from Tellurian閳ユ獨 Board.閳ワ拷

閳ユ窔n connection with the Notice of Termination 閳ワ拷 Souki ceased to have apparent or actual authority to act for or on behalf of the company, including, without limitation, apparent or actual authority to act as an officer, authorized representative or authorized spokesperson of the company, was removed from all offices and directorships of all company entities, other than as a director of Tellurian, and was removed as chairman of the board,閳ワ拷 Tellurian said in a Securities and Exchange Commission filing.

原文链接/hartenergy

Tellurian鈥檚 Charif Souki Out, Replaced by Martin Houston as Board Chair

Tellurian Inc.鈥檚 board of directors named Martin Houston as the company鈥檚 chairman of the board to replace Charif Souki, who was terminated "without cause."

Hart Energy Staff

Editor's note: This article has been updated to reflect additional changes to Tellurian leadership. 

Tellurian Inc.鈥檚 board of directors named Martin Houston to be the company鈥檚 chairman of the board to replace Charif Souki, the company announced on Dec. 8.

鈥淐o-founder Charif Souki will no longer serve as an executive or officer of the company or hold any managerial responsibilities. Souki remains a member of the board of directors,鈥� Tellurian announced in a news release and regulatory filing.

In addition, Tellurian's board of directors appointed its former General Counsel Daniel Belhumeur to president and its former Deputy General Counsel Meredith Mouer as general counsel and chief compliance officer, the company announced Dec. 11.

The Houston-based company said that the changes weren鈥檛 related to 鈥�any material or unexpected financial events.鈥�

The decision comes after a November disclosure in which Tellurian said the company had 鈥渟ubstantial doubt about our ability to continue as a going concern.鈥�

Houston and Souki are co-founders of Tellurian, which is developing the Driftwood LNG export project in Louisiana.

Houston holds a bachelor's degree in geology from Newcastle University (1979) and a petroleum geology master's degree from Imperial College London (1983), according to details on Tellurian鈥檚 website, which has been updated to reflect the changes.

Souki termination 鈥渨ithout cause鈥�

Regarding Souki, Tellurian provided a notice of termination 鈥渨ithout cause鈥� effective Dec. 8, and may be required to pay the executive 鈥渃ertain severance if Mr. Souki executes a separation agreement and general release, which would include his resignation from Tellurian鈥檚 Board.鈥�

鈥淚n connection with the Notice of Termination 鈥� Souki ceased to have apparent or actual authority to act for or on behalf of the company, including, without limitation, apparent or actual authority to act as an officer, authorized representative or authorized spokesperson of the company, was removed from all offices and directorships of all company entities, other than as a director of Tellurian, and was removed as chairman of the board,鈥� Tellurian said in a Securities and Exchange Commission filing.