Aubrey McClendon Announces 2 New Hires for AEP’s Utica Operation

Aubrey McClendon announced yesterday that he’s made a couple of key hires for his new company American Energy Partners. Now working at AEP is Jeff Agosta, who becomes AEP’s Chief Financial Officer for the Utica Shale division. Agosta is the former CFO for oil drilling giant Devon Energy (from 2010-2014). Devon previously flirted with a few Utica Shale wells but has since moved on to other projects. Although no salary was mentioned by AEP in their announcement, Agosta earned a tidy income of $1.6 million at Devon in 2013, and prior to that, $4.4 million in 2012 (according to Reuters). Did Agosta’s pay cut at Devon had something to do with his being in the job market? In addition to Agosta, McClendon rescued another friend from the clutches of Carl Icahn and Chesapeake Energy. Jeff Mobley most recently served as senior VP of investor relations and research at Chesapeake. He becomes senior VP of major acquisitions at AEP…

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