Chesapeake (CHK) names Archie Dunham, former ConocoPhillips chairman and CEO, as its new...

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

Chesapeake (CHK) names Archie Dunham, former ConocoPhillips chairman and CEO, as its new independent non-executive chairman. The board also appoints four other new independent directors, three proposed by Southeastern Asset Management and one by Carl Icahn. Aubrey McClendon is no longer chairman but remains a director and will continue as CHK's CEO and President.