Global Gas terminates CEO William Bennet Nance Jr. for cause as of June 17

Global Gas Corp

CEO terminated for cause under Employment Agreement; Nance also resigned as director.
June 8 notice cited gross misconduct, breach of fiduciary duty, and damage to company.
Nance rejected cure and claimed resignation for good reason; additional violations followed.
Nance's departure as officer triggered automatic board resignation effective June 17.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

William Bennet Nance Jr.

Chief Executive Officer

HGAS · Global Gas Corp

Effective: 2024-06-17
Filed: June 21, 2024, 7:59 PM ET

Effective June 17, 2024, Global Gas Corporation (the “Company”) terminated its Chief Executive Officer, William Bennet Nance, Jr., for “Cause,”

Departed

William Bennet Nance Jr.

Director

HGAS · Global Gas Corp

Effective: 2024-06-17
Filed: June 21, 2024, 7:59 PM ET

Pursuant to the Employment Agreement, Mr. Nance’s termination as an officer triggered his immediate and automatic resignation as a director of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

William Bennet Nance Jr. departed as Chief Executive Officer at Global Gas Corp.

Action: terminated for cause
Role: Chief Executive Officer

Exact text from the filing

Effective June 17, 2024, Global Gas Corporation (the “Company”) terminated its Chief Executive Officer, William Bennet Nance, Jr., for “Cause,”

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

William Bennet Nance Jr. departed as Director at Global Gas Corp.

Action: resigned automatically
Role: Director

Exact text from the filing

Pursuant to the Employment Agreement, Mr. Nance’s termination as an officer triggered his immediate and automatic resignation as a director of the Company.

View on SEC.gov

Global Gas Corp filing history →

Source: SEC EDGAR

accession 0001213900-24-054780

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