The settlement proposal, which is subject to Oklahoma County District Court approval, was filed Nov. 1. Despite a negative 2008 stock performance, in December 2008, the company awarded McClendon a substantial increase in compensation over the previous year, a five-year contract, a bonus of around $77 million, almost $33 million in stocks and the purchase […]
nickles
Posted inNews
Settlement pending
The settlement proposal, which is subject to Oklahoma County District Court approval, was filed Nov. 1. Despite a negative 2008 stock performance, in December 2008, the company awarded McClendon a substantial increase in compensation over the previous year, a five-year contract, a bonus of around $77 million, almost $33 million in stocks and the purchase […]
Posted inNews
Settlement pending
The settlement proposal, which is subject to Oklahoma County District Court approval, was filed Nov. 1. Despite a negative 2008 stock performance, in December 2008, the company awarded McClendon a substantial increase in compensation over the previous year, a five-year contract, a bonus of around $77 million, almost $33 million in stocks and the purchase […]
Posted inNews
‘Peake performance
McClendon and Nickles, chairman of Chesapeake’s Nominating and Corporate Governance Committee, had both come under fire by Institutional Shareholder Services Proxy Advisory Services, an advisory firm that recommended that shareholders not re-elect McClendon as chairman and vote to oust Nickles from the board. It is estimated McClendon has been compensated more than $152 million since […]