Chesapeake Energy's (CHK) search for a new CEO to replace Aubrey McClendon is likely to extend...

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

Chesapeake Energy's (CHK) search for a new CEO to replace Aubrey McClendon is likely to extend beyond the April 1 deadline, Reuters reports. Among factors that may be complicating the search: CHK faces financial and regulatory headwinds, its financial structure needs to be simplified, and there's lots of energy firms on the hunt for a CEO. Meanwhile, McClendon has been meeting with P-E firms about potential new ventures.