Business Context and Reporting Period
This Form 8-K Current Report was filed by Cheniere Energy Partners, L.P. on June 15, 2013. The filing reports a corporate governance event regarding the appointment of a new Chief Financial Officer for the Company's general partner, Cheniere Energy Partners GP, LLC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The material change reported is the appointment of H. Davis Thames as Senior Vice President and Chief Financial Officer of Cheniere Energy Partners GP, LLC, effective June 15, 2013. He succeeds Meg A. Gentle, who will remain a director and assume other responsibilities within Cheniere Energy, Inc.
Management Commentary and Risks
Mr. Thames, age 46, is a current director of the Company and previously served as Senior Vice President-Marketing of Cheniere Energy, Inc. He will also serve as the Chief Financial Officer for the general partner of Sabine Pass LNG, L.P., a wholly owned subsidiary. The filing does not disclose specific risks, contingencies, or unusual items related to this appointment.
Investor Verification Checklist
- Confirm the effective date of the CFO transition (June 15, 2013).
- Verify the new CFO's dual role as CFO for both the Company's general partner and Sabine Pass LNG, L.P.
- Review the background of H. Davis Thames, including his tenure at Cheniere since 2005 and prior experience at Enron Corp. and Cross Country Energy, LLC.
- Check subsequent filings for any compensation arrangements related to this appointment.