Chesapeake Energy Corporation (NYSE:CHK) was included in Fortune Magazine’s list of “100 Best Companies to Work For.
The company ranked 26th, the second highest ranked company in the energy industry, despite the fact that its CEO Aubrey McClendon was considered the worst CEO in 2012 because of controversies.
After 10.1% Return In 2020, Mohnish Pabrai Changes Strategy [2020 Letter]
Mohnish Pabrai's flagship hedge fund, the Pabrai Investment Fund II, returned 29.6% in the second half of 2020. Following this performance, the fund returned 10.1% net for the year, underperforming the S&P 500 but outperforming the Dow Jones Industrial Average, which returned just 9.7%. According to a copy of the investment manager's year-end letter to Read More
This is the sixth consecutive year Chesapeake Energy Corporation (NYSE:CHK) has been named as one of the 100 Best Companies to work for. According to the company’s press release, was ranked was ranked 26th, making it the highest listed Oklahoma-based employer for the third consecutive year.
According to McClendon, the employees of the company are inspired and motivated to make Chesapeake Energy Corporation (NYSE:CHK) a great place to work. He said, in the statment: “Our employees are focused on creating and delivering value for our shareholders while also making our country more energy secure. Although we have made progress in achieving these goals, we are determined to do even better with our distinctive and attractive corporate culture and workplace being key elements in our drive for further success.”
The company’s senior vice president for human and corporate resources, Martha Burger explained that the Chesapeake’s workplace culture enables the company to hire and retain some of the best talents in the energy industry. According to Burger, Chesapeake has 12,000 employees who deliver outstanding performance, quality innovation and collaboration consistently.
“In addition to our extraordinarily high quality assets below ground, Chesapeake has built an asset base of tremendous breadth, value and energy above ground – our employees. It is a tribute to our management team for their excellence and efforts that Chesapeake has now been recognized among the 100 Best Companies to Work For six years running,” added Archie W. Dunham, non-executive chairman of Chesapeake.
Last year, Chesapeake ranked 18, Google Inc (NASDAQ:GOOG) ranked number one, Boston Consulting ranked second and SAS Institute ranked third.
The complete list of the 100 best Companies to Work For will appear in the February 4 issue of the Fortune Magazine.