Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. |
On August 5, 2020, the Board of Directors (the “Board”) of Cheniere Energy Partners GP, LLC (“Cheniere GP”), the general partner of Cheniere Energy Partners, L.P. (the “Partnership”) appointed Zach Davis, Senior Vice President, Finance of Cheniere GP, as Senior Vice President and Chief Financial Officer, effective August 6, 2020 (the “Effective Date”). In addition, Mr. Davis was appointed as a member of the Board, effective as of the Effective Date. Mr. Davis will replace Michael J. Wortley, who will step down from his role as Executive Vice President and Chief Financial Officer of Cheniere GP and as a member of the Board, effective upon the Effective Date.
Mr. Davis, 36, serves as a director and Senior Vice President and Chief Financial Officer. Mr. Davis also serves as a Senior Vice President and Chief Financial Officer of Cheniere Energy, Inc. Mr. Davis joined the Partnership in November 2013. He previously served as Senior Vice President, Finance since February 2020 and as Vice President, Finance and Planning from October 2016 to February 2020. Mr. Davis has over 13 years of energy finance experience, focusing on strategic advisory assignments and financings for companies, projects and assets in the LNG, power, renewable energy, midstream and infrastructure sectors. Prior to joining the Partnership, Mr. Davis held energy investment banking and project finance roles at Credit Suisse, Marathon Capital and HSH Nordbank. Mr. Davis received a B.S. in Economics from Duke University.
Mr. Davis was appointed to the Executive Committee of the Board. The appointment of Mr. Davis to the Board was made pursuant to the rights of Cheniere GP Holding Company, LLC under the Third Amended and Restated Limited Liability Company Agreement of Cheniere GP to appoint certain directors to the Board.
There are no arrangements or understandings between Mr. Davis and any other persons pursuant to which he was appointed as a director or Senior Vice President and Chief Financial Officer and no family relationship among any of Cheniere GP’s directors or executive officers and Mr. Davis. Mr. Davis is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.