Tuesday, December 15, 2015

Avoid Cheniere Energy As Executive Shuffle Causes Uncertainty

  • Cheniere Energy votes to replace the founding the CEO after Carl Icahn upped his stake last week.
  • The exact same scenario played out on another Icahn position that hasn't rewarded shareholders.
  • The recommendation is for investors to pay attention to the industry problems and not the executive shuffle. 

Over the weekend, Cheniere Energy (NYSEMKT:LNG) replaced founding CEO and Chairman Charif Souki. The move follows the path of another Carl Icahn position that hasn't worked out very well this year.

Read the full article at Seeking Alpha.


Disclosure: No position mentioned. Please review the disclaimer page for more details. 



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