Chesapeake Stockholders Seek Delay of Annual Meeting From Court
This article is for subscribers only.
A group of Chesapeake Energy Corp. investors asked a judge to postpone the company’s annual shareholders’ meeting so they can gain additional disclosure of Chief Executive Officer Aubrey McClendon’s compensation.
In papers filed May 15 with U.S. District Judge Vicki Miles-LaGrange in Oklahoma City, Chesapeake stockholders said they also want details of the CEO’s indebtedness to third parties said to have financed his investment in company oil wells, arguing it may have created a conflict of interest.