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Cheniere Energy announces leadership transition

Staff writer |
Houston, Tx., USA - December 15, 2015, Houston, Tx., USA - Cheniere Energy, Inc., along with subsidiaries Cheniere Energy Partners, L.P. and Cheniere Energy Partners LP Holdings, LLC, names Neal A. Shear as interim president, CEO.

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Mr. Shear has also been appointed the Chairman of the Boards of Cheniere Energy Partners GP, LLC, the general partner of Cheniere Energy Partners, L.P., and Cheniere Energy Partners LP Holdings, LLC.

Mr. Shear, a member of Cheniere's Board of Directors since 2014, is a 30-year industry veteran with experience managing global commodities activities and investments across a variety of asset classes.

He is a partner of Silverpeak Strategic Partners LP, a private investment company, and served as the Chief Executive Officer of Higgs Capital Management, a commodity-focused hedge fund, until 2014.

Prior to Higgs Capital Management, Mr. Shear served as Global Head of Securities at UBS Investment Bank and was a Partner at Apollo Global Management. He spent 26 years at Morgan Stanley as a founder of its Commodities Business, serving in several leadership roles, including Head of the Commodities Division, Global Head of Fixed Income and Co-Head of Institutional Sales and Trading.

The Cheniere Board also appointed Board member G. Andrea Botta as Chairman of its Board of Directors.

Mr. Botta has been a member of Cheniere's Board of Directors since 2010. Since 2006, Mr. Botta has served as President of Glenco LLC, a private investment company.

Prior to joining Glenco, Mr. Botta served as Managing Director of Morgan Stanley from 1999 to 2006. He served as President of EXOR America, Inc. (formerly IFINT-USA, Inc.), holding company of the Agnelli family, from 1993 until 1999 and for more than five years prior as Vice President of Acquisitions of IFINT-USA, Inc.

He serves on the Board of Directors of Graphic Packaging Holding Company, chairing its Compensation Committee.


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