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Forbes Names Chesapeake′s CEO to the Elite 'CEO 20-20 Club?

04.05.2011  |  Business Wire


Aubrey K. McClendon, CEO of Chesapeake Energy Corporation (NYSE:CHK)
since its founding 22 years ago, was recently named to the Forbes
'CEO 20-20 Club?, a prestigious group of eight American chief executives
who have a minimum of 20 years of service as CEO and produced at least
20% annual returns to shareholders during their tenure as calculated by
Forbes. The table below provides a summary of the eight CEOs included on
the 'CEO 20-20 Club? list.

CEO
  

  
Company
  

  

Tenure

(Years As CEO)


  

  

Annualized Total Return

During Tenure (%)


Leslie H. Wexner

Limited Brands

48

20

Warren E. Buffett

Berkshire Hathaway

41

24

Lawrence J. Ellison

Oracle

34

29

Howard Solomon

Forest Labs

34

23

Peter J. Rose

Expeditors Int

23

23

Laurence D. Fink

BlackRock

23

27

Aubrey K. McClendon

Chesapeake Energy

22

20

Steve Sanghi

Microchip Technology

20

27

  


McClendon commented, 'It is a great honor to be included in the company
of these exceptionally talented and accomplished CEOs. I would like to
thank my fellow 10,000 plus Chesapeake employees, our Board of Directors
and our shareholders for their help and support along the way.
Notwithstanding the company′s success over the past 22 years, I am
confident our next 22 years will see continued value creation for our
shareholders. Chesapeake is very well positioned for a world that is
increasingly hungry for the affordability and cleanliness of American
natural gas and also for the reliability and value of domestic oil ? we
control vast resources of both fuels and look forward to developing them
very profitably for decades to come.?

Chesapeake Energy Corporation is the second-largest producer of
natural gas, a Top 15 producer of oil and natural gas liquids and the
most active driller of new wells in the U.S.
Headquartered
in Oklahoma City, the company's operations are focused on discovering
and developing unconventional natural gas and oil fields onshore in the
U.S.
Chesapeake owns leading positions in the Barnett,
Haynesville, Bossier, Marcellus and Pearsall natural gas shale plays and
in the Granite Wash, Cleveland, Tonkawa, Mississippian, Bone Spring,
Avalon, Wolfcamp, Wolfberry, Eagle Ford, Niobrara and Utica
unconventional liquids plays.
The company has also
vertically integrated its operations and owns substantial midstream,
compression, drilling and oilfield service assets.
Chesapeake′s
stock is listed on the New York Stock Exchange under the symbol CHK.
Further information is available at www.chk.com
where Chesapeake routinely posts announcements, updates, events,
investor information, presentations and press releases.


Chesapeake Energy Corporation

Investor Contacts:

Jeffrey
L. Mobley, CFA, 405-767-4763

jeff.mobley@chk.com

or

John
J. Kilgallon, 405-935-4441

john.kilgallon@chk.com

or

Media
Contacts:


Jim Gipson, 405-935-1310

jim.gipson@chk.com