May 2016, Vol. 243, No. 5

Web Exclusive

Cheniere Energy Names Jack Fusco as CEO

NEW YORK (AP) — Cheniere Energy is naming Jack Fusco as CEO after the natural gas company’s previous CEO was forced out under pressure from activist investor Carl Icahn.

Fusco was most recently executive chairman of Calpine Corp., which generates electricity from natural gas. He was CEO of the Houston company from 2008 to 2014.

Cheniere’s CEO and co-founder Charif Souki, left in December months after Icahn boosted his stake in the company. Icahn and others questioned the ambitious growth track pursued under Souki.

Cheniere Energy Inc., based in Houston, is the first company with government permission to export natural gas from the shores of the continental U.S.

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