Tellurian Extends Contracts for Top Executives
“Two of Tellurian’s top executives have signed new deals to stay on with the Houston liquefied natural gas company. Tellurian’s Executive Chairman Charif Souki has agreed to stay onboard for the next three years, according to a document filed with the U.S. Securities and Exchange Commission,” reports Marcy de Luna in Houston Chronicle.
“Souki’s employment agreement will automatically renew for an additional 12 months and each year thereafter unless he or the company terminates it. Souki will make a base annual salary of $1,200,000, subject to annual review by the board of directors, according to the document. In addition, Souki’s annual cash bonus will range.”