“(Reuters) – Top shareholders of Chesapeake Energy Corp will take control of the board of directors after the natural gas producer came under intense pressure to reform following a governance crisis and poor financial performance.
Chesapeake said on Monday it would replace four directors on the nine-member board, giving Mason Hawkins’s Southeastern Asset Management three seats and billionaire Carl Icahn one.
In addition, the selection of a new independent chairman must be approved by the new board members.”
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Nice job, Aubrey. I hope Kevin Durant has a career-ending knee injury just to fuck you over even more.