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Cheniere shareholders vote no to Souki pay package, but it's non-binding

Sep. 17, 2014 7:15 PM ETCheniere Energy, Inc. (LNG) StockLNGBy: Carl Surran, SA News Editor18 Comments
  • Cheniere Energy (NYSEMKT:LNG) shareholders delivered a stinging rebuke to CEO Charif Souki, opposing his $142M 2013 compensation package in a non-binding vote held at an annual meeting on Sept. 11.
  • Souki was awarded 6.3M stock units valued at $133M that, along with his other compensation, made him the highest paid executive of a publicly traded U.S. company last year, according to Bloomberg.
  • The vote tally was ~87.6M shares against the package vs. 75.9M in support, according to an SEC filing.

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