Aubrey McClendon, founder and CEO of Chesapeake Energy, was, according to the magazine Fortune, the highest-paid CEO in the U.S. in 2008, receiving more than $ 100 million in total compensation. McClendon received this compensation, despite a significant drop in prices of shares and financial performance during the year. (A) case is specific compensation and justification in terms of the compensation board Chesapeake and its compensation committee, including the role McClendon in the completion of several joint ventures that the board and the committee believes the company is positioned for future growth in a relatively young branch of unconventional natural gas and mining . In addition, (a) The case describes the role of the Committee of executive compensation and company performance measurement factors. "Hide
by Paul M. Healy, Clayton Rose, Aldo Sesia Source: Harvard Business School 23 pages. Publication Date: January 27, 2010. Prod. #: 110047-PDF-ENG