2014: New Chesapeake CEO Discusses Challenges, Vision For Futur - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |


2014: New Chesapeake CEO Discusses Challenges, Vision For Future

Posted: Updated:

"A little bit uncomfortable," that's how the CEO of Chesapeake Energy said it felt taking the reins of the oil and gas company from Aubrey McClendon in 2013. 

Not only did Doug Lawler assume control of a company that was struggling with both performance and governance issues, he was stepping into the shoes of a man he called a "visionary entrepreneur."  "It was an interesting change for me," said Lawler, cracking a grin that seemed to signal this was an understatement.

Since coming to Chesapeake, Lawler has been busy -- initiating a transformation that included laying off nearly 10 percent of Chesapeake's workforce, but which, Lawler said, should position the company for long-term success.

In his first broadcast interview since arriving in Oklahoma City, Lawler addressed a variety of topics, but none more difficult than his decision to cut 1,000 jobs.

"It's a very painful thing," Lawler said. "It's very hard to say goodbye to fellow employees and individuals that have worked hard to build the company."

Lawler admitted employee morale was not perfect.  With all the recent change, he said there was still some frustration and concern. But, he said, the 'right-sizing' is complete, and does not anticipate any more layoffs.

Special Features

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.


Breaking political news & the latest headlines from the state capitol & D.C.


See where weather is happening using our live interactive radars.


Spend your money wisely with reviews of new tech gadgets & the latest news in technology.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive
Powered by Frankly
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
News9.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.