That boom has reduced American reliance on foreign energy and enriched his company and his hometown. For himself, McClendon bought his neighbors house near Oklahoma City and then the one behind that. And were in the middle of a pretty unprecedented media firestorm today. Matthew Kenney OKC offers gourmet raw vegan meals. Just eye-balling it, its got to be worth millions.. And I think I hit 90 percent of them right.. Sponsorships Available, Katie McClendon McClendon gave a speech to a natural-gas conference shortly after arriving, then took the next two weeks off for a family vacation. He earned $800,000 in salary and bonuses, plus another $1 million in equity compensation. But these are not normal times for McClendon. The new plaza will greatly increase the opportunity for students to get together, have fun, socialize and relax with other students, faculty, staff, alumni and community members.". 512-223-7488, 512-223-7542 The AKM unit is supplemented by scores of Chesapeake engineers who, among other duties, help calculate McClendons reserve holdings in a special incentive program that gives him a chance to invest in every well the company drills. People familiar with the process said the arrangement could amount to a 12-month loan because McClendon does not need to reimburse the company until the end of the year. "It will be wonderful to have a great organ in the Goodson Chapel, so close to the magnificent organs of Duke Chapel. Then McClendon mortgaged much of it -- and bought more. The McClendons took personal trips to Mexico, the Cayman Islands and New York. She's Related to Kate. When McClendon put a vast Oklahoma ranch up for auction, he had Ott handle the matter. His vehicle then, was engulfed in flames. 89) New York Giants - Bryce Ford-Wheaton, West Virginia. Self retired from the board in 2005 with 232,972 Chesapeake shares then worth $4.8 million and another 288,750 stock options. Katies grandfather was Frederick Upton, who founded the Whirlpool Corporation, with his brother Louis in 1950. He started the business when he was just a teenager, he started lawn mowing business and then he became the founding board member of Chesapeake Energy Corporation. Finding a job requires time, a strategic approach, and resources. Katie McClendon is the heiress of the Whirlpool appliances family and the wife of the former Chesapeake Energy chief who died in the crash of his SUV in March. You have entered an incorrect email address! Katie McClendon pictured with her late husband in February 2014. Katie previously sat on the Board of Visitors of Dukes Trinity College of Arts & Sciences. Katie McClendon Today marks the 500th anniversary of the start of the Protestant Reformation. McClendon once angered some shareholders by selling the maps to Chesapeake to meet a margin call; he subsequently agreed to buy them back. An infamous investigative piece on the McClendons by Reuters which talked about his lifestyle, mentioned that gargoyles bearing the McClendons likeness once adorned an arch at a dorm building named for them. The existence and scope of AKM Operations, for instance, hasnt been previously reported. But twice, McClendon has pledged his share of future proceeds from the Thunder as collateral for loans, from Bank of America in 2009 and Wells Fargo in 2010, according to records reviewed by Reuters. McClendon also closely monitors their work, internal records show. Its pretty much exclusively big-name trophy vintages. Whether youre seeking an internship, apprenticeship, trying to land your first dream job, or looking to re-enter the workforce after a recent layoff or prolonged absence, we can help. $TBD Price Includes Books Additional Fees Apply, Financial Assistance Available McClendons fate will have implications well beyond Chesapeake. Neither of the banks, nor McClendon and his spokesman, would elaborate on the Thunder loans. Additional reporting by Robin Respaut, Jennifer Ablan and Joshua Schneyer in New York and Alexander Cohen in Washington; editing by Blake Morrison, Michael Williams and Prudence Crowther. All three of the couples children attended the school. from the University of Pennsylvania Law School and a B.A. Subordinates say McClendon has four children -- Will, Callie, Jack and Chesapeake. Federalism. Stay Current By Signing Up For Our Mailing List. He has also managed to earn a lot of awards with his work. He was 56 years old and is survived by his wife, Katie McClendon nee Upton Byrns as well as their three children, Jack, Callie and Will. Few outsiders are privy to the sophisticated universe of services that Chesapeake provides McClendon. In the year 2009, he was the top finalist for CEO of the year at Plats Global Energy Awards. The CEO takes the long view, projecting optimism and self-confidence. One totaled $5 million for work/study scholarships while another $5 million pledge was for a football program project. In the wake of Reuters reports that raised questions about his mingling of personal and corporate interests, the board stripped him of his chairmanship. When he became frustrated that Oklahoma City lacked a Whole Foods Market, he persuaded the popular organic chain to bring one to his hometown -- and then leased it space on land owned by Chesapeake, across the street from his office. Geoffrey Mock of University Communications is the editor of the 'News' edition. He has been one of the most influential CEOs of his generation, credited and sometimes cursed for championing the drilling technique known as hydraulic fracturing, or fracking. The jet travel is an indicator of wider troubles at the company, said John Liu, the comptroller for New York City, which holds 1.9 million shares of Chesapeake stock. Newfield Wraps up $380 million Sale of Texas Holdings, Latest Aubrey McClendon Estate Fight Focuses on Alleged Conflict of Interest. The balance of the gift, $700,000, will support both the Trinity College and Fuqua School of Business annual funds from 2005 through 2009, with half of that total designated for the classes of 1980 and 1981 -- Katie and Aubrey's respective 25th year reunion classes. Jun 2018 - Present4 years 11 months. I have to be wary when I see this type of pattern of disregarding shareholders best interests, said David Dreman, chairman of Dreman Value Management LLP, which owns about 1 million Chesapeake shares. He was born on 14th July in the year 1959 in Oklahoma City, Oklahoma and his parents were Carole Kerr and Joe Connor McClendon. The same Reuters investigation said that Katies husband got a store in Oklahoma to ship a dress from Japan for his wife in 48 hours. The chaplain positions are among Chesapeake jobs that reflect McClendons passions. Miles Sanders girlfriend Stephany Caraballo. Sinclair Realty in Bermuda has listed the home, describing it as one of the very best beachfront settings in Bermuda. It has a two-level garage and two-level guest cottage and an annual rental value of $216,000. Select this link if you are using screen reading or another assistive technology before continuing to enable accessible content on this page. Oklahoma businessman Aubrey McClendon pretty much drove straight into [a] wall, killing himself instantly on March 2. From fashion shops to food, McClendons vision is reshaping the area near Chesapeake and Nichols Hills. Our Standards: The Thomson Reuters Trust Principles. Classes are designed for participants with a wide range of backgrounds, from . Im fine. The charter flights cost $108,000 and were billed as business, the logs show. Students must complete the required assignments in order to pass the course. The Bills won't be very active. Strategies for Today's Jobs offers job search training coupled with personalized career coaching to increase employment opportunities and outcomes. Since co-founding Chesapeake in 1989, McClendon has grew the company to 12,000 employees. Katie McClendon Clinical Associate Professor, Assistant Dean for Student Services--Jackson Jackson, MS University of Mississippi School of Pharmacy, +1 more University of South. Some are from the Bible. Even so, according to Chesapeake documents, each of the 10 is officially classified the same way: Rower.. Friends and family, the contract says, also fly for free. "Aubrey and Katie have long supported residential student life needs, a core component of the Duke experience," Brodhead said. They earn modest salaries -- $30,000 to $40,000, plus benefits -- and are assigned to departments such as finance and community relations. Personal use of corporate jets has abated since the SEC imposed stricter reporting rules in 2006. Katie had already been an alumnus for a year. He has never been involved in illegal works and has managed to keep a nice personality. Will Mcclendon is apparently not yet married although he has a girlfriend, Finn Leslie, he lives in Durham, North Carolina. Next year, he got Chief Roughneck Award by a subsidiary of United States Steel Corporation. This award is given to the people who do something special in the petroleum industry. Perhaps you know a thing or two about Aubrey McClendon, however, how well do you know about him? Miller did not respond to requests for comment. His current compensation could not be learned. Effort and perseverance have assisted him to achieve success. Yet those hefty reserves have pushed natural gas prices to among the lowest levels in a decade. Corporate plane use for business and personal flights is considered a prime perk for American executives and board members. McClendon also owns a $12 million collection of antique maps that fill the walls of Chesapeake buildings. How is it you can make decisions so quickly? He said, I make hundreds of decisions every day. He expects instant answers. Paco Balderrama. Katie McClendon Clinical Associate Professor, Assistant Dean for Student Services--Jackson Every six months he spends the bulk of a week in meetings to personally consider proposed bonus payments to hundreds of employees. Dale Zanine-USA TODAY Sports. The paper also said that despite the huge price tag, the house needs major renovations or else it could be demolished and replaced with a new home. Let's Get Started Today!!! Aug 2015 - Present7 years 8 months. In his most recent annual statement to shareholders, McClendon used the word bold 27 times to describe his stewardship of Chesapeake: We made the bold decision This is clearly a bold plan We accelerated the next bold move. Chesapeakes expansion in Oklahoma City stretches far beyond Classen Curve. The strongman, for example, promotes Chesapeakes development efforts in important drilling regions. . McClendon has poured Chesapeake resources into another love: rowing. One Chesapeake document reviewed by Reuters showed McClendon reimbursed the company for the difference. Call To Learn More 1-855-850-2525 Now, hes planning to open a Chesapeake-owned grocery store. Hattiesburg, MS - Katie Rose Woods McClendon went to be with her Lord and Savior on January 11, 2020, after 101 years of a life well lived. She was born in Nashville, Tennessee, on September 6 . He takes out a large advertisement in the local paper that includes the pictures of the new hires. An Arcadia consultant, Scott Mueller, supervises Ott and at least five other Chesapeake employees working full-time for AKM Operations. A proponent of good health for his employees, he also hired the 2006 winner of the Worlds Strongest Man contest, Phil Pfister, in part to promote exercise. Important Notice: Both new and current ACC students can register online using the information and instructions found here. From the 111-acre corporate campus that he shaped with a meticulous eye for detail, McClendon has intertwined his personal financial interests with those of the publicly traded corporation he runs to a far greater degree than shareholders may realize, according to interviews, public records and hundreds of pages of internal Chesapeake documents reviewed by Reuters. Katie Mcclendon is an individual who has become a celebrity by his charismatic works. McClendon, it turns out, had been testing him, Benham said. The agreement also calls for Chesapeake to pay a portion of the accounting and engineering work as part of McClendons annual compensation. I think McClendon should go.. By Duke Today Staff. Next he bought the grandest property there for $20.8 million: an 8-acre tract once owned by industrialist Henry Clay Fricks descendants. 1-on-1 career coaching to address your unique job search needs, Access to Jobscan, a tool that analyzes resume effectiveness, Face-to-face & remote interview practice using Big Interview (AI driven software), Help creating a personal brand & elevator pitch, You first need your ACC ID and Password. Katie had already been an alumnus for a year. The couple lived in the Nichols Hills neighborhood of Oklahoma City. Her face was modeled and sculpted into the side of an archway featuring gargoyles, and she had the likeness removed because she found it too ostentatious, according to Reuters. Self did not respond to requests for comment. There are some areas in our business where creativity is not particularly welcome -- for instance, if youre an accountant.. McClendon gave the Frick site a makeover and sold it for a small profit. Board member Merrill Pete Miller, for example, the chief executive of National Oilwell Varco and Chesapeakes lead independent director, took $160,000 in free personal flights -- twice as much as he spent on business travel. Leaving church one Sunday, McClendon spotted a low-hanging tree branch that posed a traffic hazard. In 2006 it paid $16 million for Nichols Hills Plaza, a 50-year-old shopping center that was valued at $6.3 million. Save my name, email, and website in this browser for the next time I comment. Nowadays, people have started Katie Mcclendon Net Worth - Phone Number, House Address, Wiki Read More Duke Today is produced jointly by University Communications and the Office of Communication Services (OCS). Previously, the couple's giving helped restore the Aeolian organ in Duke Chapel. Given that the accountants and engineers provided an estimated $3 million worth of personal work to the CEO, McClendon would have owed Chesapeake about $2.7 million for services that year. Wonderful presenting Katie McClendon with a proclamation naming 10/5 "Aubrey McClendon Day" in memory of his tremendous contributions to OK. Neither loan has been previously disclosed. Not including the $75 million (!) He acquired a mansion on billionaires row in Bermuda and later added a larger estate. We welcome your comments and suggestions! Horn wrote, The legacy you gave this city will live on, just as your name and Katies will!. The cost: $23,000. He pretty much drove straight into the wall Balderrama added. He was also an outspoken advocate for natural gas for oil and coal fuels. Austin, Texas Area. In total, Self and family members logged $150,000 worth of personal flights on Chesapeake planes in 2010, records show. Well, if your all set, here is what I know. It is legal if properly disclosed, though personal trips can be subject to income tax. We believe Duke is an exceptionally well-run institution, and we look forward to further philanthropy at the university in the years to come.". The Federalist Society. Katie is a cousin of Michigan U.S. Rep Fred Upton and he is an uncle of model Kate Upton. How about his height and weight, moreover his net worth? After being ousted from the Chesapeake Energy Corporation in 2013, the Oklahoman published a list of tributes to the couple, one from a a woman named Linda Horn, mentioned the couples intern programs for kids in Oklahoma. He was a graduate of Duke University and also founded the American Clean Skies Foundation. Paco Balderrama who said that the one-time billionaire was not wearing a seat belt when he died in the single-car accident in Oklahoma City. They are only partly joking. Continuing Education OKLAHOMA CITY (Reuters) - In an annex at the headquarters of Chesapeake Energy Corp, a unit informally known as AKM Operations manages a top company priority: the personal business of its namesake, Chief Executive Aubrey K. McClendon. According to logs reviewed by Reuters, the trio was joined by McClendons wife, Katie, and together the four flew back from Paris. in Political Science from Biola University, where she was a member of the Torrey Honors Institute. He had denied the charges against him. For example, McClendon holds an interest in a local restaurant, Metro Wine Bar & Bistro, which occupies space owned by a Chesapeake subsidiary. His job title is Controller, AKM Business Operations, but Ott does much more than manage McClendons money. Join our mailing list and be among the first to know about new and exciting events, lectures and interactive workshops in and around the Austin area. Become a key member of tomorrow's workforce by preparing today! The new organ, being built by Richards Fowkes & Co. of Ooltewah, Tenn., will stand 26 feet tall and contain about 1,900 pipes. At its February meeting, Duke's Board of Trustees voted to name the . Already, it is under contract according to the Royal Gazette. Though he is not in this world now but he is remembered as one of the best entrepreneurs of his time. Their three children also attended Duke a prominent dorm and visitors center carry the family name. Need help? The episode served as an early example of McClendons penchant for collecting smart and loyal friends and keeping them close. Katie McClendon wife of entrepreneur and part-owner of the Oklahoma City Thunder Aubrey McClendon was killed in a single-vehicle-crash on March 2nd, a day after he was charged with conspiring to rig bids for oil and natural gas leases. He approached the co-owner, Bob Benham. The Oklahoma City-based Chesapeake Energy, the 2nd largest producer of natural gas and the 11th largest oil producer in the U.S. At Duke, attended by all three McClendon children, a prominent dorm and visitors center carry the family name. Still have questions? You can pick up the paper every day and read something negative about me or about the company, McClendon told his employees during the May meeting. OT Warren McClendon, Georgia. The implication is that he pulled the lever on the slot machine in life and ding-ding, got lucky -- and nothing could be further from the truth.. (Facebook). The 108 tracts and buildings were valued by the Oklahoma County Assessors Office at a total market value of $146 million at the time of the purchases. In 2009 it totaled $685,669, according to the proxies. He also owns the house next door, purchased for $2.3 million, and the one behind that, which cost $700,000, records show. It struck me as odd, because heres a guy running a huge energy company. (Wikipedia). Bermuda, where the McClendons own vacation properties, was also a favored destination. Many outsiders expected more office buildings; they were wrong. McClendon routinely works through weekends, and employees often wake to emails he has sent between midnight and dawn. . Oklahoma City Thunder Aubrey McClendon's wife Katie McClendon married him in 1981 after meeting at Duke University. In 2010 the McClendons took at least 75 personal flights on Chesapeake-leased aircraft. Contact Katie McClendon for more information or for help registering for the class: Katie McClendon, Manager, Today's Jobs katie.mcclendon@austincc.edu 512-223-7488 Back to Top In late 2008, McClendon strolled into Balliets, the closest thing in Oklahoma City to Neiman Marcus. Katie was a member of the Chapel Choir during her freshman year, and Aubrey was a volunteer Chapel attendant for several years. Copy and paste the URL below to share this page. At a December hearing, District Judge Richard W. Kirby approved a payment of $391,849.59 in estate funds to pay Blalock for his legal services to the estate. Join Facebook to connect with Kate McClendon and others you may know. We will be able to model beautiful music for our students in worship, helping to prepare them for leadership in the churches they will serve after graduation.". Select this result to view Katie Nicole McClendon's phone number, address, and more. This came one day after the part-owner of the Oklahoma City Thunder had been charged with conspiracy with regard bid rigging for oil and natural gas purchases. Other Chesapeake board members were such frequent fliers in 2010 that some logged far more personal flights than business flights on company-leased jets, internal documents show. Schedule a Complimentary Call. Facebook gives people the power. Total cost: $27,000. Aubrey McClendons widow is attempting to sell their luxury home in Bermuda for nearly $14 million. He was founder and chief executive officer of American Energy Partners.Previously, Mr. McClendon was co-founder, chairman and CEO of Chesapeake Energy Corporation from 1989 until 2013 which is Americas second-largest natural gas producer. Sitting courtside with the Thunder ownership group, sideline reporter Kelly Crull got up with her after the, Aubrey McClendon Wall of Fame Class of 2011, Belle Isle Elementary Duke University is the educational institution that stands out most on Aubrey McClendon's biography. At times, former employees said, McClendon was too quick to approve deals. He is a great nephew of former Oklahoma Governor Robert Kerr, co-founder of U.S. oil-and-gas pioneer Kerr-McGee Corp. His wife, Katie, is a Whirlpool heiress, and her relative, Kate Upton, is a Sports Illustrated swimsuit cover model. Beginning about six or seven years ago, McClendon, through Chesapeake, helped lead a concerted effort to remake Oklahoma City. An additional $800,000 of the McClendons' gift will fund a new pipe organ in the Goodson Chapel of Duke Divinity School's new Westbrook Building. Aubrey McClendons wife was actually part of an adornment at the Duke student plaza. One Friday in fall 2010, McClendon, his wife and a son flew to the island and flew back to Oklahoma City by Monday. He has donated roughly $15 million to Duke University, his and his wifes alma mater, and $12.5 million to the University of Oklahoma, his parents alma mater. I think in another life he would have been a city planner or architect, said the former employee, who worked closely with McClendon for years. Using his own cash and Chesapeakes, McClendon has helped rebrand Oklahoma City through philanthropy and real estate development. At Nichols Hills Plaza, the energy company is planning to go into the grocery business itself, internal records show. By comparison, Exxon Mobil, the worlds third-most-profitable company in 2011, paid 13 non-executive board members $9.9 million during the same period. McClendon, an Episcopalian, sometimes invokes religious themes at work. Yet in many ways he still runs Chesapeake the way he did when he co-founded it with 10 employees in 1989. Strategies for Todays Jobs is a month-long course that offers comprehensive job search strategies and one-on-one coaching support to help you get your next great job. As part of that, Katie sits on the board of the Oklahoma Museum of Art and the Oklahoma Historical Society. Please fill out the following form and our Strategies For Today's Jobs program coordinator will contact you directly. The company had a revenue of $20.9 billion in 2015. In his Oklahoma neighborhood, McClendon and his wife live in a $4 million, 9,000-square-foot stone mansion in Nichols Hills, the tony enclave surrounded by Oklahoma City just a four-minute commute from the Chesapeake campus. Texas regulators delay oil reduction decision, Analyst says oil industry crisis will only grow worse. Garrison played a variety of roles. (adsbygoogle=window.adsbygoogle||[]).push({}). Katie McClendon (m. 1981-2016) Children: Yes (Callie McClendon, Jack McClendon, Will McClendon) . The following weekend, his wife and daughter jetted there. Along with a new independent chairman expected to be named later this month, the reconfigured board will effectively be controlled by shareholders -- a shift expected to serve as a check on McClendon. McClendon brought a son along, too. Before I finished saying goodbye to everyone, I had an email from Aubrey, the minister recalled. Here's what you need to know: 1. What to expect of SandRidge Energy this year, Williams to hold question and answer session with shareholders, EIA reports mild winter reduced withdrawals from natural gas storage in the U.S. South Central, Osage Nation fights BIA over mineral rules. On the last screen during registration, select "Register Now" from the drop-down menu, select a payment option, and then click the submit button to receive a registration confirmation. Additionally, you can also sign up to receive specific news from our Business department, which this program falls under. McClendon was 56 years old. Ive gotten pretty good at it. Obviously this is total conjecture, but there are some compounding facts leading people down that path. To be honest, it was a really hard way to walk. The company keeps detailed records because McClendons contract calls for him to provide a partial reimbursement of the salaries, benefits and indirect costs of the Chesapeake employees who are primarily designated to work on his personal businesses. In a statement released after Aubrey McClendons death, Duke President Richard Brodhead said: Aubrey McClendon was passionate about his family, his business and Duke University. Katie and Aubrey McClendons son Jacklives in Texas with his wife Whitney. A keen student of history, he has a company historian on staff. CALL NOW FOR BOOKINGS OR TO SCHEDULE A CONSULTATION (323) 877-6264 EMAIL: FORESEEINGSUCCESSLLC@GMAIL.COM. McClendon also had business in wine; he sold 75% of his 10,000-bottle collection in auctions since 2009. I am proud of my track record in this industry, and I will fight to prove my innocence and to clear my name. Aubrey McClendon added that he felt he had been singled out by the investigation. Paco Balderrama of the Oklahoma City Police Department, McClendon crashed into an embankment while traveling at a high rate of speed in Oklahoma City on Wednesday morning. The McClendon family are known in Oklahoma for their philanthropic activities. Since 2004 the company has purchased at least 108 local properties for at least $240 million, according to a Reuters analysis of Oklahoma land records. A Chesapeake executive has handled the CEOs personal land and oil- and gas-well transactions. Congressman Fred Upton, whose niece is the supermodel Kate Upton. His wine collection, stored in cellars across three states and the Caribbean, exceeded 2,000 bottles, according to a 2009 inventory. Beyond the mixing of personal and professional, another theme emerges from interviews and records: McClendons seemingly insatiable desire to own more and more -- of everything. He has earned all his wealth with his business and high post jobs. Even the boards most frequent fliers cannot rival McClendons use of jets that the company leased. On land steps from the corporate campus, he directed his natural gas company to develop a luxury shopping center. Chesapeake paid $38 million for an office building valued at $27 million and $10 million for a church valued at $1.4 million. Their combined salaries exceed $200,000. Students dance during Cafune at the LDOC concert. Highland Campus Under McClendons direction, Chesapeake engaged in what the company described as a land grab to dominate shale plays around the country. Ott also is the registered website administrator for several McClendon personal projects, including one for a massive Lake Michigan resort that has drawn the ire of many townsfolk, and another for a McClendon holding company, Arcadia Resources. This year the company pledged to buy $3 million worth of tickets, and many were distributed to employees and Chesapeake business associates. He was forced to sell nearly all his Chesapeake shares in a 2008 margin call. He was a History graduate with a minor in accounting. They have also lived in Nashville, TN and Cookeville, TN. I encourage everybody to inhale, McClendon said at one point, according to a partial recording of the meeting reviewed by Reuters. The original probate filing was made March 18, 2016, 16 days after McClendons death. Now, I dont want to stir the pot too much, but Id feel remiss if I didnt bring up the 800 pound gorilla in the room: many people believe that the crash may have been intentional. Ill say, Id like all the tulips to be red, architect Rand recalled. The Miami Dolphins finally made two draft selections, bringing in South Carolina cornerback Cam Smith and Texas A&M running back Devon Achane. McClendon used to live in Oklahoma City along with his wife named Kathleen Up to Byrns. According to internal emails and former executives, Chesapeake began paying above-market prices to squeeze out competitors. They have three children whose names were Jack, Callie, and Will. In 2010 at least 60 engineers spent on average six days each on McClendon-related projects, the records show. Answer The Following Question: What is 8 x 2? Candise Zepherin NBA Joe Johnsons Girlfriend, Sharon Canu Soccer Ashley Coles girlfriend.

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