Cheniere Energy Reaches Agreement with Carl Icahn: Announces Appointment of New Board Members

Rupert Hargreaves

Published onAugust 24, 2015

Updated on May 13, 2021

Carl Icahn is not having a good year. As we reported earlier this month, almost all of Carl Icahn’s personal holdings, and those of Icahn Enterprises LP have underperformed the market. Excluding dividends, year-to-date Icahn Enterprises LP (NASDAQ: IEP) LP is down 29.5%.

However, Icahn received some good news today. Cheniere Energy Inc., the liquefied natural gas company, in which Icahn reported an 8.2% stake in earlier this month, has named two Icahn Capital LP managing directors to its board.

The two directors in question are Jonathan Christodoro and Samuel Merksamer.

Cheniere Energy (LNG) Carl Icahn — Carl Icahn has not had much luck this year. Credit: Yahoo! Finance

Carl Icahn: Activist ideas

Icahn announced his...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Cheniere Energy Reaches Agreement with Carl Icahn: Announces Appointment of New Board Members

Carl Icahn: Activist ideas

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