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Chesapeake says CEO McClendon is leaving

Source: Thomson Reuters Foundation - Tue, 29 Jan 2013 22:21 GMT
Author: Reuters
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Jan 29 (Reuters) - Chesapeake Energy <Corp CHK.N>, battling a governance crisis and financial strain, said Chief Executive Aubrey McClendon is leaving the company on April 1.

McClendon, 53, who co-founded the company in 1989, was stripped of his title as chairman last year and big shareholders took control of the U.S. oil and gas company's board in June.

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