Oklahoma

Economy, Energy, Natural Resources: Policy to People

“‘Tainted’ Chesapeake Hears Rising Calls to Dump McClendon”

Calls for Aubrey McClendon to step down as CEO of Chesapeake Energy “have intensified,” Bloomberg reports.


“He should resign or the reconstituted board should let him go,” said David Dreman, chairman of Dreman Value Management Inc., which holds about 1 million Chesapeake shares. “This company’s got to get its credibility back. As long as you have a guy like Aubrey there, I don’t think we’re going to get the credibility back.”

Read more at: www.bloomberg.com


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