Ouster

Chesapeake Energy Corp. co-founder Aubrey McClendon was re-elected as chairman and CEO on Friday, despite a call for his ouster by an influential shareholder advisory firm.

The former chief of the New York Department of Conservation (DEC), whose ouster in October was criticized by producers and environmental groups alike, told state lawmakers last week that massive cutbacks in commission staff have become a “shell game” that didn’t take into account the consequences for stakeholders.