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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
08/26/201607:00:00Chesapeake Energy Corporation Announces Early Results Of Cash...
08/26/201607:00:00Chesapeake Energy Corporation Announces Increase In Size Of Cash...
08/25/201603:03:00College Goes After Oil Man's Pledge -- WSJ
08/24/201608:20:00Duke University Makes Claim on Estate of Aubrey McClendon
08/24/201605:59:00Duke University Makes Claim on Estate of Aubrey McClendon
08/17/201606:00:00Chesapeake Energy Corporation Announces Upsize And Pricing Of...
08/15/201608:17:00Chesapeake Energy Works on $1 Billion of Financing to Buy Back...
08/15/201606:02:00Chesapeake Energy Corporation Announces Cash Tender Offers for...
08/15/201606:01:00Chesapeake Energy Corporation Announces Cash Tender Offers for...
08/15/201606:00:00Chesapeake Energy Corporation Announces Arrangement Of $1.0 Billion...
08/11/201609:36:00U.S. Hot Stocks: Hot Stocks to Watch
08/11/201607:56:00Stocks Slip on Falling Oil Prices -- Second Update
08/10/201618:52:00Chesapeake Energy to Exit Barnett Shale -- Update
08/10/201618:00:00Chesapeake Energy to Exit Barnett Shale
08/10/201617:53:00Chesapeake Energy to Exit Barnett Shale
08/10/201616:34:00Chesapeake Energy Corporation Agrees To Exit Barnett Shale, Asset...
08/04/201608:30:00Chesapeake Energy Loss Narrows
08/04/201608:26:00Chesapeake Energy Loss Narrows on Lower Asset Write-Downs
08/04/201607:00:00Chesapeake Energy Corporation Reports 2016 Second Quarter Financial...
08/01/201603:42:00Statoil Sheds US Marcellus Assets to Free Up Cash

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