---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-054780"
form_type: "8-K"
ticker: "HGAS"
cik: "0001817232"
company_name: "Global Gas Corp"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:56:43.829710+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-054780
- form_type: 8-K
- ticker: HGAS
- cik: 0001817232
- company_name: Global Gas Corp
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817232/000121390024054780/0001213900-24-054780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817232/000121390024054780/ea0208295-8k_global.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-054780
- JSON: https://secwatch.observer/filing/0001213900-24-054780.json
- Plain text: https://secwatch.observer/filing/0001213900-24-054780.txt

## Key facts
- Executive change
  William Bennet Nance Jr. departed as Chief Executive Officer at Global Gas Corp.
  - Action: terminated for cause
  - Role: Chief Executive Officer
  source text: Effective June 17, 2024, Global Gas Corporation (the “Company”) terminated its Chief Executive Officer, William Bennet Nance, Jr., for “Cause,”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817232/000121390024054780/0001213900-24-054780-index.htm
- Executive change
  William Bennet Nance Jr. departed as Director at Global Gas Corp.
  - Action: resigned automatically
  - Role: Director
  source text: Pursuant to the Employment Agreement, Mr. Nance’s termination as an officer triggered his immediate and automatic resignation as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817232/000121390024054780/0001213900-24-054780-index.htm

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