OKLAHOMA CITY, Jan 20, 2011 (BUSINESS WIRE) --
FORTUNE announced today that Chesapeake Energy Corporation (NYSE:CHK)
has been named one of the "100 Best Companies to Work For" in the
U.S. for the fourth consecutive year. Chesapeake's rank this year is
#32, up from #34 a year ago and #73 in 2009. The full list and related
stories will appear in the February 7 issue of FORTUNE and is now
available at www.Fortune.com/BestCompanies.
Aubrey K. McClendon, Chesapeake's Chief Executive Officer, commented,
"We are honored and excited to have been selected again this year as one
of America's 100 best places to work. We have long recognized that our
employees are our most valuable asset and we continue to look for
innovative ways to enhance their professional and personal experience at
our company. Chesapeake's unique corporate culture of achievement and
innovation, along with cutting-edge benefits, have enabled us to attract
and retain what we believe is the best talent in the industry."
Martha A. Burger, Chesapeake's Senior Vice President - Human & Corporate
Resources, added, "We are proud to be named to this prestigious list for
the fourth consecutive year. In the past 20 years, we have been able to
build a team of 10,000 very skilled individuals from a wide range of
backgrounds and locations nationwide. Our consistent ranking as one of
America's best places to work is a true reflection of the commitment of
our diverse work force and the unique benefits and culture we provide."
Some of Chesapeake's unique employee benefits include three on-site
restaurants, an on-site medical center, a state-of-the-art fitness
center, a $1,500 cash incentive to employees who practice healthy
lifestyles, free weight loss programs, a 2.25-acre sustainable employee
garden and much more.
Chesapeake has experienced a 10% full-time job growth rate throughout
the past year and is actively hiring in every facet of its business. The
company currently has more than 500 open positions, descriptions of
which can be found at www.chk.com/careers.
To pick the 100 Best Companies to Work For, FORTUNE partners with the
Great Place to Work Institute to conduct the most extensive employee
survey in corporate America. Three hundred eleven companies participated
in this year's survey. Two-thirds of a company's score is based on the
results of the Institute's Trust Index survey, which is sent to a random
sample of employees from each company. The survey asks questions related
to their attitudes about management's credibility, job satisfaction, and
camaraderie. The other third of the scoring is based on the company's
responses to the Institute's Culture Audit, which includes detailed
questions about pay and benefit programs and a series of open-ended
questions about hiring practices, internal communications, training,
recognition programs and diversity efforts. Any company that is at least
seven years old with more than 1,000 U.S. employees is eligible. The
deadline for applying for next year's list is June 15, 2011. For an
online nomination form, go to www.greatplacetowork.com.
Chesapeake Energy Corporation is the second-largest producer of
natural gas and the most active driller of new wells in the U.S.
Headquartered in Oklahoma City, the company's operations are focused on
discovering and developing unconventional natural gas and oil fields
onshore in the U.S. Chesapeake owns leading positions in the Barnett,
Fayetteville, Haynesville, Marcellus and Bossier natural gas shale plays
and in the Eagle Ford, Granite Wash, Tonkawa, Cleveland, Mississippian,
Wolfcamp, Bone Spring, Avalon and Niobrara unconventional liquids plays.
The company has also vertically integrated its operations and owns
substantial midstream, compression, drilling and oilfield service
assets. Further information is available at www.chk.com
where Chesapeake routinely posts announcements, updates, events,
investor information and presentations and all recent press releases.
SOURCE: Chesapeake Energy Corporation
Chesapeake Energy Corporation
Kelly Lawson, 405-935-3643
Sondra Allen, 405-935-7538