Chesapeake’s CEO Celebrates Axing 1,200 People Making Carl More $
We're not sure there's all that much to celebrate at Chesapeake--unless you're Doug Lawler, Carl Icahn's toady who's axed over 1,200 people (see The Great Chesapeake Massacre: Lawler Fires 800 People in One Day) and sold off everything but the kitchen sink. Doug managed to increase production a paltry 11% in first quarter 2014 while hacking away at just about everything. Big whoop.
Excuse us if we don't join in the victory lap now being taken by Lawler after he decimated the company's people on his way to making corporate raider Carl Ichan more money in 1Q14...
To view this content, log into your member account. (Not a member? Join Today!)