Share “Aubrey McClendon intends to donate share...”

Aubrey McClendon intends to donate share of arena naming proceeds to schools

Chesapeake Energy Chief Executive Officer Aubrey McClendon is planning to donate proceeds he collects as part-owner of the Oklahoma City Thunder from an arena naming rights between the company and the team.
by Steve Lackmeyer Published: April 28, 2012
Advertisement

The statement does not disclose any plans to donate proceeds beyond the first two years of the agreement, the identity of the beneficiaries or whether they will be identified in future filings.

Christy Watson, spokeswoman for the Foundation for Oklahoma City Public Schools, confirmed to The Oklahoman that both McClendon and Chesapeake Energy have been longtime donors, with annual newsletters showing McClendon as a donor in 2001, 2004 and 2008. The reports show 2008 as the last year McClendon made a personal donation, which totaled more than $10,000. He also served on the foundation's board from 2001 to 2009.

Chesapeake, meanwhile, is an annual donor and helped establish the foundation's Jean Gumerson scholarship that assists teachers in obtaining National Board Certification.

by Steve Lackmeyer
Business Reporter
Steve Lackmeyer is a reporter and columnist who started his career at The Oklahoman in 1990. Since then, he has won numerous awards for his coverage, which included the 1995 bombing of the Alfred P. Murrah Federal Building, the city's Metropolitan...
+ show more


AROUND THE WEB

  1. 1
    Oklahomans for Equality to establish Cub Scouts pack
  2. 2
    Tulsa man accused of killing the father of his ex-girlfriend's child bound for jury trial
  3. 3
    WPX Energy CEO gives U.S. Senate hearing testimony supporting end of crude oil export ban
  4. 4
    I Heart My Hometown: #Postcard Project
  5. 5
    $6 million bill for Obama's Africa trip, $22,759 for copiers, $6,026 for 'basic voice phones'
+ show more