Aubrey McClendon retains his Chesapeake CEO position, despite an advisory firm's recommendation.
News Clifton Adcock
Chesapeake Energy Corp. leaders were able to stave off a recommendation
to oust the Oklahoma City-based company’s CEO Aubrey McClendon and
former U.S. Sen. Don Nickles from the board at June 10’s annual
shareholder meeting.
Maps, millions and management comprise terms of Chesapeake’s legal settlement.
News Clifton Adcock
Chesapeake Energy has agreed to settle a lawsuit by shareholders over
CEO Aubrey McClendon’s 2008 compensation package, which despite a huge
drop in share prices that year, topped $112 million.