OKLAHOMA CITY (KFOR) – One week after saying that it was terminating an settlement with a well-known area, Chesapeake Vitality Company introduced one other main change.
On Tuesday, Chesapeake introduced that CEO Doug Lawler could be leaving his place with the corporate on April 30, 2023.
Mike Wichterich, the Chair of Chesapeake’s Board of Administrators, will function Interim Chief Govt Officer whereas the Board of Administrators searches for a brand new CEO within the coming months.
“On behalf of the Board of Administrators, Chesapeake’s workers and its shareholders, I wish to thank Doug for the imaginative and prescient and management he supplied for the previous 8 years. He guided Chesapeake via a tough interval, repositioned Chesapeake’s portfolio of property, and constructed a company tradition which is able to function a platform for future success. I firmly imagine that the funding thesis supporting Chesapeake is compelling, and my confidence within the renewed power of the corporate continues to develop.”
Mike Wichterich, Chair of Chesapeake’s Board of Administrators and Interim Chief Govt Officer.
The announcement comes one week after the Oklahoma Metropolis Thunder introduced that Chesapeake was terminating its area naming rights settlement with the staff, efficient instantly.
In consequence, the Chesapeake Vitality Area will tackle a brand new identify as soon as a partnering firm is discovered.
Chesapeake officers mentioned the transfer was a part of a restructuring plan.
Powered by WPeMatico
