In a recent development at Tellurian Inc. (NYSE:TELL), Brooke Peterson, who has served as a non-independent director on the company's board since 2017, has resigned with immediate effect. The resignation, submitted on Wednesday, was attributed to health concerns, as per the company's latest SEC filing.
Mr. Peterson's departure from the board was not due to any disagreements with Tellurian, its management, or its employees, the filing clarified. This announcement comes as a notable change in the company's governance, as Peterson had been part of the Tellurian board for several years.
Tellurian Inc., known for its work in the liquefied natural gas (LNG) sector, has not indicated any immediate plans for a replacement on the board. The company's filing did not elaborate on the specifics of Peterson's health issues or the potential impact of his resignation on the company's operations or strategic direction.
Investors and stakeholders of Tellurian are keeping a close watch on the company's next steps in filling the void left by Peterson's departure. The company has made it clear that the resignation was a personal decision by Mr. Peterson and should not be interpreted as an internal conflict or a shift in the company's business strategy.
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