Go Symbol Lookup
Loading...

Chesapeake's McClendon will not receive 2012 bonus-filing

 Text Size  
Published: Monday, 7 Jan 2013 | 5:23 PM ET

Jan 7 (Reuters) - Chesapeake Energy Corp, the U.S. oil and gas company battling a governance crisis and a liquidity squeeze, said on Monday its Chief Executive Officer Aubrey McClendon will not receive a bonus for 2012.

McClendon will also reimburse the company for his personal use of company aircraft in excess of $250,000 and Chesapeake will make deep cuts to its executive's incentive compensation, according to a filing with the U.S. Securities and Exchange Commission.

 Print
Jan 7- Chesapeake Energy Corp, the U.S. oil and gas company battling a governance crisis and a liquidity squeeze, said on Monday its Chief Executive Officer Aubrey McClendon will not receive a bonus for 2012..
  Price   Change %Change
CHK ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments: