High Level Defection from Chesapeake Energy to McClendon’s AEP

Somehow John Reinhart, lately Senior Vice President for Operations and Technical Services at Chesapeake Energy in charge of 1,400 people, survived the mass firings by corporate raider Carl Icahn and his toady Doug Lawler, the nominal CEO of Chesapeake (see Chesapeake’s CEO Celebrates Axing 1,200 People Making Carl More $). So it must have really hurt when Reinhart defected, as was announced yesterday, to go to work as Chief Operating Officer of Utica/Marcellus for his old boss Aubrey McClendon over at Chesapeake II–known as American Energy Partners (AEP). Like a phoenix rising rising from the ashes…

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