Chesapeake Energy (CHK) says it is reducing compensation for outside directors by ~20% and...

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Harry Johnson Comments (456)
 
Will that raise their understanding of what actions are needed to save CHK ?
18 May 2012, 04:27 PM Reply Like

gensearch2 Comments (1097)
 
This is actually funny.
18 May 2012, 04:40 PM Reply Like

greenwave65 Comments (7)
 
How about zero compensation..And a retirement package also equivalent to zero. And get a new board with some sense of corporate ethics and consideration of shareholder interest..
18 May 2012, 05:02 PM Reply Like

Wall Street Smart Comments (472)
 
How about firing these directors who are buddies with their corrupt CEO?
18 May 2012, 05:16 PM Reply Like

paulbip Comments (103)
 
I'll tell you what, I'll work those 22 hours for only 200,000 dollars.
18 May 2012, 06:04 PM Reply Like

lydizzy Comments (9)
 
Agree with Wall Street Smart !
18 May 2012, 06:45 PM Reply Like

BEACH HOG Comments (13)
 
This looks too little and too late by a board who was serving their own self interests and not the shareholders. People who put retirement dollars into this company, like myself, will have a big hole to dig out of to make up these losses. We all made that decision and have to live by it but it is sickening to realize a good company was not being run for the benefit of its stockholders. I also agree with WSS above as well as others. Clean house. At this point I don't think new management could do any worse.
18 May 2012, 08:34 PM Reply Like