After a sweeping rebuke representing "total collapse of investor confidence" in Chesapeake's...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

After a sweeping rebuke representing "total collapse of investor confidence" in Chesapeake's (CHK +3%) board - shareholders rejected two directors up for re-election and only 20% approved CEO compensation - is Aubrey McClendon's ouster next? Two-thirds of CHK’s board could be new appointees by July 1, and McClendon won’t have hand-picked any of them.