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Energy & Environmental Law Blog

McClendon Stays On

By Vorys

Chesapeake Energy has agreed to a five-year contract with its CEO, Aubrey McClendon, that includes a one-time $75 million ‘incentive award.  Annual salary was capped at $975,000 with annual bonuses limited to $1.95 million.  Not too bad.

Originally published at vorysenergy.default.wp1.lexblog.com

Citation

Vorys, McClendon Stays On, Energy & Environmental Law Blog (January 8, 2009) [The Library at LexBlog, LEX-WK-3V2M1QEF, lexpid.org/3V2M1QEF]

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