Tuesday, January 29, 2013

McClendon to Retire as Chesapeake CEO on April 1

From the Pittsburgh Post-Gazette:
Chesapeake Energy chief executive officer Aubrey McClendon will in April leave the company he co-founded and built into the nation's second-largest natural gas producer. 
As of April 1, he will retire as CEO and leave his seat on the company's board. 
Mr. McClendon cited "certain philosophical differences with the new board" of his Oklahoma City-based company, many of whom were appointed amid a shareholder revolt at the company last year.
Read the entire article here.

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