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Chesapeake Energy Corp. announced the departure of Doug Lawler from his position as Chief Executive Officer of Chesapeake, effective April 30, 2021.
No further details regarding Lawler's departure were disclosed.
Mike Wichterich, the Chair of Chesapeake's Board of Directors, will serve as Interim CEO while the Board of Directors conducts a search for a new Chief Executive Officer, which it expects to complete over the coming months.
Mr. Wichterich intends to continue in his role as Chair of the Board of Directors following the appointment of Chesapeake's new Chief Executive Officer. During the period that Mr. Wichterich is both the Chair of the Board of Directors and Interim Chief Executive Officer, Matt Gallagher, the Chair of Chesapeake's Nominating and Governance Committee, will serve as Lead Independent Director.
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