Chesapeake Energy (CHK) discloses it is substantially reducing executive annual incentive...

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

Chesapeake Energy (CHK) discloses it is substantially reducing executive annual incentive compensation for 2012, during which CEO Aubrey McClendon will receive no bonus. McClendon also will reimburse CHK for his personal use of company aircraft in excess of $250K.