Cheniere Appoints Brian E. Edwards to Board of Directors

Rhea-AI Summary

Cheniere Energy has appointed Brian E. Edwards to its Board of Directors, effective October 3, 2022. Edwards, a Senior Vice President at Caterpillar, brings over 20 years of experience in manufacturing and engineering. He will serve on the Audit and Compensation Committees. Additionally, the company announced the retirement of David B. Kilpatrick from the Board, who contributed to the company since 2003. The changes reflect Cheniere's commitment to leadership that supports its growth as a leading liquefied natural gas operator globally.

Positive

• Appointment of Brian E. Edwards expected to bring valuable expertise in manufacturing and leadership to the Board.
• Edwards' experience in large organizations may enhance strategic decision-making.

Negative

• Retirement of David B. Kilpatrick may lead to a gap in leadership continuity given his long tenure.

HOUSTON--(BUSINESS WIRE)-- Cheniere Energy, Inc. (“Cheniere” or the “Company”) (NYSE American: LNG) announced today that its Board of Directors (“Board”) has appointed Brian E. Edwards to serve as a member of the Board, effective October 3, 2022. Mr. Edwards is considered an independent director. Mr. Edwards has been appointed to the Audit and Compensation Committees.

Mr. Edwards is a Senior Vice President of Caterpillar Inc. (“Caterpillar”) (NYSE: CAT) with responsibility for the Caterpillar Remanufacturing Division. Mr. Edwards joined Caterpillar in 2010 as Vice President of Sales and Marketing at Caterpillar’s wholly owned subsidiary, Progress Rail. Prior to joining Caterpillar, Mr. Edwards spent over 20 years in manufacturing, engineering and supply chain roles at General Electric Company and General Motors Company. Mr. Edwards holds a bachelor’s degree in Chemical Engineering from Youngstown State University and a master’s degree in Manufacturing Management from Kettering University.

“We are pleased to announce the appointment of Brian to our Board today,” said G. Andrea Botta, Cheniere’s Chairman of the Board. “Brian’s deep knowledge of industrial manufacturing, engineering and supply chain, coupled with his decades of leadership within large organizations, will provide a differentiated and meaningful perspective to our Board and to our Company. We look forward to Brian’s contributions to help support and guide Cheniere’s next phase of growth.”

Cheniere also announced today that David B. Kilpatrick has retired from its Board, effective October 3, 2022. Mr. Kilpatrick has served as a member of the Board since 2003 and previously served as the Board’s Lead Director from June 2015 to January 2016.

“David’s contributions to Cheniere over the years have been instrumental in our successful transition from a developer to the second largest LNG operator worldwide,” said Botta. “On behalf of the Cheniere Board, I’d like to thank him for his tireless contributions in support of Cheniere as we wish him well in the future.”

About Cheniere

Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas (LNG) in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass and Corpus Christi liquefaction facilities on the U.S. Gulf Coast, with total production capacity of approximately 45 million tonnes per annum of LNG in operation and an additional 10+ mtpa of expected production capacity under construction. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, and Washington, D.C.

For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, filed with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221003005814/en/

Cheniere Energy, Inc.

Investors

Randy Bhatia, 713-375-5479

Frances Smith, 713-375-5753



Media Relations

Eben Burnham-Snyder, 713-375-5764

Phil West, 713-375-5586

Source: Cheniere Energy, Inc.

FAQ

What is the significance of Brian E. Edwards' appointment to Cheniere's Board on October 3, 2022?

Brian E. Edwards' appointment is significant as it adds extensive industrial manufacturing and engineering expertise to Cheniere's Board, potentially enhancing strategic direction.

What role will Brian E. Edwards have at Cheniere?

Brian E. Edwards will serve on the Audit and Compensation Committees at Cheniere.

Who retired from Cheniere's Board on October 3, 2022?

David B. Kilpatrick retired from Cheniere's Board on October 3, 2022, after serving since 2003.