Chesapeake Energy Corp (CHK)

[oilfieldmafia]

Dear CHK’ers:  By now you all should have received the press release announcing that the Board and I have mutually agreed to my resignation as CEO as of April 1, 2013.  Although this is due to certain philosophical differences that exist between the Board and me, the separation will be amicable and smooth. 
 
I have the utmost confidence in you and the company’s future and I will always treasure the time we have spent together building Chesapeake into the unique and dynamic company that it is today.  In many respects, our accomplishments are unique and I will always remain immensely grateful for the time I have spent with you building CHK into the industry leader that it is today. 
 
My best wishes to you all and onward and upward from here!  
 
Aubrey
 
Here is the email that AM sent all CHK employees. I keep hearing retirement in the news but that is not the case. He was pretty much forced out of the company.

As far as a buy out goes I simply don't see that happening. AM was a good CEO although a big risk taker he turned CHK into what it is today. With that said I think Chesapeake will only get stronger, as we work towards no debt and more production
 
Aubrey K. McClendon