8-KOther Events

EXPAND ENERGY Corp 8-K Report (Sep 17, 2002)

Filed September 17, 2002For Securities:EXEEXEELEXEEWEXEEZ

Summary

Chesapeake Energy Corporation (CHK) announced a significant addition to its Board of Directors on September 17, 2002, with the election of Charles T. Maxwell. Maxwell is a highly respected and seasoned senior energy analyst at Weeden & Co., known for his extensive publications and frequent commentary on oil and natural gas issues across major financial news networks. Maxwell brings over three decades of experience in the energy sector, including a substantial tenure at Mobil Oil Corporation and a distinguished career as an institutional analyst where he was recognized as a top-ranked analyst multiple times. His academic background, with degrees from Princeton and Oxford, complements his deep understanding of global energy trends, particularly those concerning the Middle East. This appointment expands Chesapeake's Board to seven members and is expected to provide valuable strategic insights and counsel.

Key Highlights

  • 1Chesapeake Energy Corporation (CHK) has elected Charles T. Maxwell to its Board of Directors.
  • 2Maxwell is a senior energy analyst at Weeden & Co. with extensive experience in the oil and natural gas industry.
  • 3He has authored over 1,000 publications and is a frequent commentator on energy issues for major financial news outlets.
  • 4Maxwell's career includes significant roles at Mobil Oil Corporation and C. J. Lawrence, where he was a consistently top-ranked analyst.
  • 5His expertise includes a deep understanding of Middle Eastern energy developments.
  • 6The addition of Maxwell increases the size of Chesapeake's Board of Directors to seven members.
  • 7The appointment is effective immediately, with his term expiring in 2003.

Frequently Asked Questions

Charles T. Maxwell is a highly regarded senior energy analyst at Weeden & Co. and a recognized authority on oil and natural gas industry trends. His appointment to Chesapeake's Board of Directors is significant as it brings a wealth of experience, deep analytical expertise, and a strong understanding of global energy markets, particularly the Middle East, which is expected to provide valuable strategic guidance to the company.

Maxwell has an extensive background in the energy sector, starting his career in 1957. He worked for Mobil Oil Corporation for 11 years and later spent a significant period as an institutional analyst at C. J. Lawrence, where he was repeatedly ranked as the top analyst in his field. He also holds degrees from Princeton University and Oxford University. He has authored numerous publications and frequently appeared as an energy commentator on financial television programs.

With the election of Charles T. Maxwell, Chesapeake Energy's Board of Directors expands from six to seven members. This increases the board's capacity to oversee the company's strategic direction and operations.

Charles T. Maxwell has been elected for a term that will expire in 2003.