Chesapeake Energy Corp. on Thursday announced the addition of five new members to its nine-man board, including new independent chairman Archie W. Dunham. They will join holdovers Louis A. Simpson, Merrill A. “Pete” Miller Jr. and co-founder Aubrey McClendon, who ceded his position as chairman but will remain as the company's president and CEO. The new directors are:
• Archie W. Dunham, 73, former CEO of Conoco and chairman of ConocoPhillips. The former U.S. Marine, an Oklahoma native who earned two degrees from the University of Oklahoma, has no prior ties to Chesapeake.
• Bob G. Alexander (photo unavailable), 78, founded Alexander Energy Corp. He was the company's chairman and CEO until its 1996 sale to National Energy Group. Alexander, who earned a geological engineering degree from OU, served as chairman and CEO of National Energy Group until it was sold to SandRidge Energy Inc. in 2006.
• Vincent J. Intrieri, 55, has worked for Chesapeake investor Carl Icahn in a variety of capacities since 1998. He has been senior managing director of Icahn Capital LP since 2008. Intrieri has served as a director for about a dozen companies as Icahn's representative since 2003. He is chairman of Texas-based CVR Energy Inc., which owns the oil refinery in Wynnewood.
• R. Brad Martin, 60, former chairman and CEO of department store retailer Saks Inc. He retired from those positions in 2007. Martin currently serves on the boards of FedEx Corp., First Horizon National Corp. and Dillard's Inc.
• Frederic M. Poses, 69, CEO of Houston-based polymer manufacturer Ascend Performance Materials. He joined the privately held company after it was acquired by investment firm SK Capital Partners in 2009. Poses spent 30 years with engineering company AlliedSignal Inc. and its predecessors, mostly as president and chief operating officer.