---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-064650"
form_type: "8-K"
ticker: "EE"
cik: "0001888447"
company_name: "Excelerate Energy, Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:28:33.557281+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Excelerate Energy splits CCO role; Daniel Bustos departs, Oliver Simpson appointed CCO

## Summary
- Daniel Bustos steps down as Chief Commercial Officer; serves as Senior Advisor through May 31, 2024, then terminated.
- Bustos receives transition bonus of $221,468 plus base salary continuation and severance per company plan.
- Oliver Simpson appointed EVP and Chief Commercial Officer, reporting to CEO Steven Kobos.
- CCO role split into Chief Development Officer and Chief Commercial Officer; interim CDO to be named.
- All changes effective November 16, 2023.

## SEC filing metadata
- accession: 0000950170-23-064650
- form_type: 8-K
- ticker: EE
- cik: 0001888447
- company_name: Excelerate Energy, Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1888447/000095017023064650/0000950170-23-064650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1888447/000095017023064650/ee-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-064650
- JSON: https://secwatch.observer/filing/0000950170-23-064650.json
- Plain text: https://secwatch.observer/filing/0000950170-23-064650.txt

## Key facts
- Executive change
  Daniel Bustos departed as Chief Commercial Officer at Excelerate Energy, Inc..
  - Action: stepped down
  - Role: Chief Commercial Officer
  source text: Daniel Bustos will step down from his role as Chief Commercial Officer effective November 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000095017023064650/0000950170-23-064650-index.htm
- Executive change
  Oliver Simpson was appointed as Executive Vice President and Chief Commercial Officer at Excelerate Energy, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Commercial Officer
  source text: effective November 16, 2023, the Company appointed Oliver Simpson as its Executive Vice President and Chief Commercial Officer, reporting to Steven Kobos, Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1888447/000095017023064650/0000950170-23-064650-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.