Los Angeles Business Journal

McClendon Out at Chesapeake

Wednesday, January 30, 2013

Chesapeake Energy founder and Chief Executive Aubrey McClendon has announced he’s stepping down, the MarketPlace Morning Report reports. Forbes says the news caused shares of the nation’s No. 2 producer of natural gas to spike because a takeover of the company is more likely. Business Insider looks at McClendon's rise and fall.