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Tuesday, 24 May 2016

Chesapeake may have shot itself in foot on CEO pay

Price of diplomacy

Departing boss Aubrey McClendon is getting a $47 mln golden handshake. But the under-fire executive is retiring. That should allow the gas driller to claw back up to $30 mln rather than lavishing more largesse on McClendon. That gives investors a good case to sue.

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