As MDN pointed out last week, Chesapeake Energy CEO Doug Lawler continues to cut expenses by cutting people (see Chesapeake’s Lawler Continues to Swing the Ax – More VPs Gone). Such activity puts a smile on his boss’ face, corporate raider Carl Icahn, because Icahn can see his stock price inching up–getting high enough that he can sell it at a profit. That’s what corporate raiders do.
An update on Chessy’s ax-wielding. The latest things to go on the chopping block? God, veggies and bees…