Bloomberg News

Chesapeake Energy Reworks Board, Retains CEO

June 04, 2012

Bloomberg's Betty Liu reports Chesapeake Energy Corp. said four of its directors will resign and be replaced with independent directors. A search to replace Chairman Aubrey McClendon is nearing completion, and McClendon will remain a director and retain his Chief Executive Officer role, the company said in a statement today. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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