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Energy - 04.26.2012

Chesapeake board clarifies agreement with McClendon

In response to recent media reports of shady dealings inside Chesapeake Energy Corp. and with its CEO, the board of directors does not plan to extend a lucrative well drilling program past its current deadline of Dec. 31, 2015. Read more
Energy - 05.01.2012

McClendon no longer serves as chairman, continues as CEO

Chesapeake Energy Corp.'s Aubrey McClendon no longer will serve as chairman of the company's board of directors, but will continue as CEO. According to company officials, the board's nominating and corporate governance committee “is considering potential candidates with no previous substantive relationship with Chesapeake and will be soliciting input from major shareholders.” Read more