Chesapeake Sells Off on CEO Loans

Board members backtrack on earlier statement on McLendons transactions.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Shareholder confidence in Chesapeake Energy Corp. sank to its lowest point since the 2008 global economic meltdown as company directors reversed course on the need to examine Chief Executive Officer Aubrey McClendon’s personal financial transactions.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now

Dig Deeper

Governance/Regulation & Compliance

Recommended Stories

Corporate America Chips away at $350 Billion Debt Problem

Caleb Mutua | October 02, 2020

“You entered the pandemic with dozens of U.S. high-grade companies carrying around $1 trillion of debt in aggregate, pledging to pay down debt or grow their way into lower leverage.” That’s going to be hard in this economy.

Are U.S. Execs out of Touch on Corporate Social Purpose?

Phillip Bantz | August 07, 2020

Research shows “a pretty big disconnect” between U.S. and foreign boards of directors on the topic of corporate ESG policy.

Vanguard to Liquidate Two Money Market Funds

Janet Levaux | September 25, 2020

The fund giant cited is closing the funds because there aren’t enough “munis” markets in the MMFs’ targeted states.

Resource Center

Guide

Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
Exclusive discounts on ALM and Treasury & Risk events.
Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.