Chesapeake Energy earnings

Chesapeake Energy Corporation (CHK) Future Uncertain As CEO Retires

Chesapeake Energy Corporation (NYSE:CHK) CEO, Aubrey McClendon's imminent departure will see a new board appointed to take charge at the financially distressed Oil and gas company. The company's capital investments skyrocketed over the last couple of years, subjecting it to high levels of debt. However, beginning last year, Chesapeake initiated a mission geared towards, servicing its debt, which included the sale of long-lived assets.

McClendon, who is also the former chairman . . .

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