1. Chesapeake Shareholders Reject Executive Pay Plan

    Chesapeake Shareholders Reject Executive Pay Plan

    Chesapeake shareholders reject executive pay plan Chesapeake Energy Corp. shareholders on Friday rejected the company's executive compensation plan in a nonbinding, advisory vote. The proposal received 45 percent of the vote. Chairman Brad Martin defended the compensation plan at the company's annual shareholder meeting Friday, saying the firms recommending shareholders vote against the plan didn't understand the factors the plan considers...

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    1. We on the board also understand when this leadership team arrived, it was a different company built to operate as a big natural gas company with high natural gas prices.
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