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Friday, 22 August 2014

Chesapeake mini-me CEO's days should be numbered

Tarred birds of a feather

SandRidge’s top shareholders make a solid case to oust boss Tom Ward, a co-founder of wobbly energy peer Chesapeake. Unless stopped, Ward plans to sell the firm’s best oil assets. And his outrageous pay - $25 mln, or half 2011 earnings - shows directors have neglected investors.



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