A year ago, Chesapeake Energy announced that its famously wealthy founding CEO, Aubrey McClendon, was retiring. What it didn’t mention in the announcement was that Chesapeake had received one of the most negative shareholder votes on executive compensation in the short history of say-on-pay in the United States. Only 20 percent of shareholders supported the pay package in June 2012, compared to the 90 percent and better the majority of other companies saw.
