Chesapeake's McClendon will not receive 2012 bonus-filing
Jan 7 (Reuters) - Chesapeake Energy Corp, the U.S. oil and gas company battling a governance crisis and a liquidity squeeze, said on Monday its Chief Executive Officer Aubrey McClendon will not receive a bonus for 2012.
McClendon will also reimburse the company for his personal use of company aircraft in excess of $250,000 and Chesapeake will make deep cuts to its executive's incentive compensation, according to a filing with the U.S. Securities and Exchange Commission.
Trending On Reuters
Strategies for making the most of your donations - from how to grow the money you plan to give to how to withdraw it with minimal tax implications. Video