Thursday, April 26, 2012

Chesapeake to end CEO investment program

FILE - In a Sept.8, 2009 file photo, Chesapeake Energy Corp. CEO Aubrey McClendon speaks during the opening of a compressed natural gas filling station in Oklahoma City. Chesapeake Energy says that it is ending a program that allowed McClendon to take personal stakes in the wells it drills as part of his compensation package. Its board will also review financing arrangements between McClendon and any outside groups that may have done business with Chesapeake in the past. (AP Photo, File)Chesapeake Energy is ending a program that allowed CEO Aubrey McClendon to take personal stakes in the wells it drills as part of his compensation package.


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