Chesapeake Energy Corp. on Friday has offered a “voluntary separation program” for some of its employees as part of efforts to improve efficiencies and reduce costs. The layoffs, the third round since June, would remove about 2% of Chesapeake’s workforce of nearly 12,500.
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New Chesapeake Duo, Archie and Aubrey: The Names Say It All
Archie W. Dunham, 73, the former chairman of ConocoPhillips, was appointed Thursday as Chesapeake Energy Corp.’s independent nonexecutive chairman, effectively making him founder Aubrey McClendon’s boss. McClendon, who had been chairman since he co-founded the company 23 years ago, remains CEO and president, and he gets to keep his seat on the board of directors.
Former ConocoPhillips Chairman Takes Over at Chesapeake
Archie W. Dunham, 73, the former chairman of ConocoPhillips who also was CEO of predecessor Conoco Inc., was appointed Thursday as Chesapeake Energy Corp.’s independent nonexecutive chairman. Chesapeake said Dunham has had “no previous relationship” with the company.
Chesapeake Taps Former ConocoPhillips Chief to Helm Board
Archie W. Dunham, 73, the former chairman of ConocoPhillips, was tapped Thursday as Chesapeake Energy Corp.’s independent nonexecutive chairman. Dunham, who also was CEO of predecessor Conoco Inc., has had “no previous relationship” with the company, the board said.
Mulva to Succeed Dunham as ConocoPhillips Chairman
ConocoPhillips’ board of directors on Thursday elected James J. Mulva, 58, to succeed Archie W. Dunham as chairman of the board when Dunham retires at the end of September. Mulva, who had been chairman and CEO of Phillips Petroleum Co. when it merged with Conoco, will retain his president and CEO titles.
CEO Outlines ConocoPhillips’ Merger Synergies
Speaking on his company’s pending mega-merger with Phillips Petroleum, Conoco CEO Archie Dunham told a Houston civic association that size does not matter much in a corporate merger; it’s how well the companies fit together that is important.
Conoco Adds Gas Assets in Gulf Canada Deal
After looking at what Conoco CEO Archie Dunham said were more than 80 properties in the last two years, the fourth largest major announced Tuesday it would buy Gulf Canada Resources Ltd. in a cash deal worth $4.3 billion (C$6.7 billion). The deal would push Conoco’s worldwide reserves almost 40% to 3.7 Bboe, adding Gulf Canada’s assets in North America, Indonesia, the Netherlands and Ecuador.
Conoco Adds Gas Assets in Gulf Canada Deal
After looking at what Conoco CEO Archie Dunham said were more than 80 properties in the last two years, the fourth largest major announced last week that it would buy Gulf Canada Resources Ltd. in a cash deal worth $4.3 billion (C$6.7 billion). The deal would push Conoco’s worldwide reserves almost 40% to 3.7 Bboe, adding Gulf Canada’s assets in North America, Indonesia, the Netherlands and Ecuador.
Ranking Shows Energy Execs Earn Big Bucks
Archie W. Dunham, chairman and CEO of Conoco Inc., is thehighest paid executive of all the energy companies eitherheadquartered in Houston, TX, or with a significant local presencethere, according an annual ranking by the Houston Chronicle thatwas released last week.
Ranking Shows Energy Execs Earn Big Bucks
Archie W. Dunham, chairman and CEO of Conoco Inc., is thehighest paid executive of all the energy companies eitherheadquartered in Houston, TX, or with a significant local presencethere, according an annual ranking by the Houston Chronicle thatwas released yesterday.