Sundar PichaiSundar Pichai earned $164M in 2023

Jack A. Fusco serves as the President and CEO of Cheniere Energy, a major player in the liquefied natural gas (LNG) sector. He has a solid engineering background, holding a Bachelor of Science in Mechanical Engineering from California State University,...

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Jack A. Fusco

CEO of Cheniere Energy

Education

Bachelor of Science in Mechanical Engineering from California State University, Sacramento

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

January 1, 1963 - 62 years ago

CEO of Cheniere Energy for

9 years 0 months (May 2016 - Present)

Previous Experience

CEO of Calpine Corporation

Holdings

See how much did Jack A. Fusco make over time.

Jack A. Fusco's holdings in Cheniere Energy have seen interesting fluctuations, particularly between 2019 and 2021. In September 2019, his reported holdings were valued around $51.25 million, demonstrating his significant investment in the company. By late 2021, this number surged...

Insider Trading

See recent insider trades of Jack A. Fusco.

LNG

65,056 shares

LNG

Feb 10, 2022

Received

LNG

198,778 shares

LNG

Feb 10, 2022

Charity

LNG

83,799 shares

LNG

Feb 11, 2021

Received

LNG

138,428 shares

LNG

Feb 10, 2021

Received

LNG

$978.68K

LNG at $46.60/share

Mar 5, 2020

Purchase

LNG

85,799 shares

LNG

Feb 12, 2020

Received

LNG

139,292 shares

LNG

Feb 11, 2020

Received

LNG

$503.18K

LNG at $59.90/share

Nov 19, 2019

Purchase

LNG

83,759 shares

LNG

Feb 13, 2019

Received

LNG

$888.00K

LNG at $59.20/share

Nov 14, 2018

Purchase

Compensation History

See how much did Jack A. Fusco make over time.

In 2023, Jack A. Fusco's total compensation was $421,565,074, a significant figure that highlights the results-driven structure of his pay. His base salary alone was $1,580,769, and he received a performance-based bonus of $4,008,000, reflecting the company's strong performance. Notably, Fusco received 51,012 restricted stock units (RSUs) granted in February 2023, which are subject to future vesting based on performance metrics. This aligns his incentives closely with the company's success. The compensation framework at Cheniere is designed to attract and keep top talent, using metrics that include financial, operational, safety, and ESG-related goals, which boost the company's long-term growth and value for shareholders. This ensures that Fusco’s interests are well-aligned with those of the company and its investors.

Year

2023

Total Compensation

$5.61M

Salary

$1.58M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives while aligning their interests with those of shareholders, focusing on performance-based compensation.

Bonus

$4.01M

Board Justification

Based on the company's performance against the annual incentive program scorecard, which achieved 167% of target for 2023.

Other

$20.77K

Board Justification

Includes insurance premiums and company contributions to retirement and 401(k) plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the focus is on performance-based awards that will vest in future years based on performance metrics.

Performance Metrics

Performance metrics for 2023 included financial, operational, safety, ESG, and strategic goals.

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