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Chesapeake Employees Did About $3 Million Worth of Work for CEO in 2010, Records Show -Reuters

Chesapeake Energy Corp. (CHK) Chief Executive Aubrey McClendon in 2010 and 2012 used company employees to work on personal projects at a total cost of about $6.2 million, although the CEO reimbursed all but $250,000 in each year, Reuters reported Thursday on its website, citing a review of internal records. Other records cited by Reuters indicate McClendon has leveraged future profits in professional basketball team the Oklahoma City Thunder, in which he holds a 19% stake. Internal flight logs also reviewed show McClendon took $2.5 million worth of business flights in 2010, often with family members. Chesapeake declined comment to Reuters as did a spokesman for McClendon. Full story at: www.reuters.com/article/2012/06/07/us-chesapeake-akm-wire-idUSBRE8560HX20120607 Write to nymonitoring@dowjones.com

Stock News for Chesapeake (CHK)
DateTimeHeadline
02/03/201608:00:00Chesapeake Energy Corporation Provides 2015 Fourth Quarter And...
01/26/201616:33:00MARKET SNAPSHOT: U.S. Stocks End Sharply Higher, Lifted By Oil's...
01/26/201613:55:00MARKET SNAPSHOT: Dow Jumps Nearly 300 Points As Stock Rally Gathers...
01/26/201612:06:00MARKET SNAPSHOT: Dow Up More Than 200 Points As Stock Rally Gathers...
01/26/201612:05:00MARKET SNAPSHOT: Dow Up More Than 200 Points As Stock Rally Gathers...
01/22/201609:39:00U.S. Hot Stocks: Hot Stocks to Watch
01/22/201609:10:00Chesapeake Energy Suspends Dividends on Preferred Stock
01/22/201609:04:00Chesapeake Energy Suspends Preferred Dividends; Will Pay Down...
01/22/201608:00:00Chesapeake Energy Corporation Suspends Quarterly Preferred Stock...
01/20/201610:43:00MARKET SNAPSHOT: Dow Sinks More Than 300 Points As Oil, Asia...
01/14/201617:00:00YPF, American Energy Partners to Develop Argentina Oil, Gas Projects
01/14/201615:41:00Energy Sector's Junk Bonds Continue to Suffer
12/31/201508:00:00Chesapeake Energy Corporation Announces Final Tender Results
12/25/201505:59:00Energy Companies Gird for Weaker Prices in 2016
12/21/201508:00:00Chesapeake Energy Corporation Announces Early Tender Results
12/16/201508:00:00Chesapeake Energy Corporation Announces Initial Early Tender...
12/15/201510:00:00Junk Bonds Rebound After Sharp Selloff
12/15/201503:02:00Chesapeake Energy Works With Advisers To Reduce Debt Load
12/15/201503:00:00Junk-Bond Selloff Intensifies
12/14/201516:10:00Chesapeake Energy Works on a Recovery Plan With Evercore

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