Energy Environmental Blog

McClendon Stays On

Written by Vorys | Jan 8, 2009 12:42:24 PM

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.