OKLAHOMA CITY -
Representatives
from 20 different non-profit organizations gathered Friday morning to show
their support for Chesapeake Energy and its embattled CEO, Aubrey McClendon.
Leaders
told the media about the generous financial support and volunteer hours
Chesapeake Energy and McClendon donate annually to the community.
"Think about it, how different life in Oklahoma City would be if
Aubrey McClendon had not been here to help so many in need," said Deborah
McAuliffe Senner, president and CEO of Allied Arts.
At the United Way, $5.5 million of last year's $22 million capital
campaign came from Chesapeake. And United Way CEO Debbie Hampton is quick to
point out, it's not just money. But employees volunteer thousands of man
hours.
"We hurt when they hurt," said Hampton.
McClendon
and Chesapeake are facing an SEC investigation into loans McClendon took out to
finance his stake in a company perk that allows him to claim a small stake in
every well Chesapeake drills. The personal loans reportedly came from a company
that also was doing business with Chesapeake, a potential conflict of interest.
5/3/2012 Related Story: Chesapeake Energy Confirms SEC Probe
A
U.S. Senator is also calling on the Justice Department to investigate McClendon
and former partner Tom Ward for possibly manipulating energy prices. This came
in response to reports that the two set up and ran a $200 million hedge fund
that traded in some of the same commodities produced by Chesapeake. The hedge
fund, Heritage Management LLC, was in existence from 2004 to 2008.
Leaders
of the local non-profits say, despite everything that has happened, they still
fully support the company and McClendon. Hampton says she sees Chesapeake staying strong and continuing to
be a vital part of the community.
However, her board of directors and ethics committee would look
closer at the United Way relationship with Chesapeake and McClendon depending
on what the investigation reveals.
"If those issues would arise it would go to that board level and
that governance level."
Representatives from 20 non-profit organizations announced their support for Chesapeake Energy and CEO, Aubrey McClendon.
Aubrey McClendon
