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Chesapeake Energy (CHK) is again the target of proxy advisory firms ahead of next week's annual...

Chesapeake Energy (CHK) is again the target of proxy advisory firms ahead of next week's annual meeting, as ISS and Glass Lewis urge investors to vote against CHK's newest independent director, Thomas Ryan, who sits on four boards, which they say is too many. Also, ISS recommends voting no in a non-binding referendum on executive pay, faulting its separation deal with Aubrey McClendon.
Comments (4)
  • What would Icahn do?
    6 Jun 2013, 08:57 AM Reply Like
  • Just when I thought that AM had left the property and changes were in forward motion does ISS and Glass Lewis tell us, you just thought things have changed, the Good Ol Boy's are still in charge.
    Well Southeastern Asset Management and Carl Icahn will show us where they stand, and I think they stand with the good ol boys club.
    6 Jun 2013, 08:58 AM Reply Like
  • heck I always vote NO on all excutive pay stuff unless it is a shareholders say on pay (chance in #3[[ of it not passing as too many insiders voting themselves raises.) almost like asking congress to not give themselves perks benefits and pay raises while cutting them for use poor SOBs.
    M
    6 Jun 2013, 09:27 AM Reply Like
  • WP...how True! good investing!
    6 Jun 2013, 01:55 PM Reply Like
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