Gather Local Market: 'Staple in our community for years to come' ckom.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ckom.com Daily Mail and Mail on Sunday newspapers.
Tellurian agrees to pay Charif Souki $7.4M after ousting him houstonchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houstonchronicle.com Daily Mail and Mail on Sunday newspapers.
Tellurian Inc.’s board of directors named Martin Houston as the company’s chairman of the board to replace Charif Souki, who was terminated "without cause."
Tellurian said on Monday it
had named insider Daniel Belhumeur president, days after the
U.S. liquefied natural gas developer ousted co-founder
Charif Souki as chairman. Belhumer served.
HOUSTON (Reuters) -Tellurian said on Monday it appointed a new president and general counsel, days after the U.S. liquefied natural gas (LNG) developer ousted co-founder Charif Souki as chairman. The company's shares were off 15% to about 64 cents a share as investors digested Friday's shake-up that will see co-founder Martin Houston take over as chairman and Daniel Belhumeur as president. Tellurian will pay Souki at least $6 million in cash as part of its decision to remove him from all executive roles without cause, according to a Tellurian proxy filings.