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Three top executives exit Chesapeake Energy -filing

Reuters
·1 min read

June 11 (Reuters) - U.S. oil and gas producer Chesapeake Energy Corp said on Friday that three executives will leave the company, the latest exits this year after it launched a new chief executive search and emerged from bankruptcy.

Frank Patterson, executive vice president of exploration and production; James Webb, general counsel; and William Buergler, senior vice president, will depart on Friday, according to a regulatory filing.

The company did not respond to a request for comment.

The board of directors treated the departures as termination without cause, according to the filing.

The changes came after former Chief Executive Officer Doug Lawler left the company in April. Chesapeake emerged from a contentious bankruptcy reorganization earlier this year.

Board Chairman Mike Wichterich is serving as interim CEO.

(Reporting by Jennifer Hiller; Editing by Cynthia Osterman)