Steven C. Dixon, Chesapeake Energy Corp.’s COO, has been selected by the Oklahoma City-based oil and natural gas producer to serve as acting CEO, replacing former CEO and co-founder Aubrey McClendon.
In a statement released by the company March 29, Chesapeake’s directors named Dixon acting CEO and established a three-person Office of the Chairman while they continue the search for a permanent CEO with the assistance of Heidrick & Stuggles. The new office includes Dixon, chairman Archie Dunham and CFO Domenic Dell’Osso, according to the statement.
Dixon has served as executive vice president and COO since 2006 and has held various senior operational positions since joining Chesapeake in 1991. Dell’Osso has served as executive vice president and CFO since 2010 after serving in various financial roles since 2008.
Citing “philosophical differences,” Chesapeake Energy Corp. co-founder and CEO Aubrey McClendon agreed to retire from the company today, April 1, 2013.