Skip to Main Content (Opens in new window) . Each charge had a maximum punishment of 10 years in prison or a fine of $1 million. Aubrey came in with a picture of a dress that he had torn out of The New York Times magazine, Benham recalled, and he wanted to see if he could get it for his wife., Benham promised to try. Biography. By John Shiffman, Anna Driver, Brian Grow. McClendon also owns a $12 million collection of antique maps that fill the walls of Chesapeake buildings. He meets every new Oklahoma City employee, in groups of 30 or 40, during an hours-long session. The Christmas element was inspired by my oldest sisters December wedding that happened when I was a little girl, Etta says. His toughness and versatility have drawn comparisons to former Bruins guard Jrue Holiday, who recently won an NBA. Chesapeake executives, board members and their families also take what the company characterizes as personal flights. Strong kid but still room to add some bulk. In recent weeks, Reuters has reported that McClendon used his stakes in company wells to arrange $1.55 billion in financing from a major financier of Chesapeake and others; that a Chesapeake board member lent money to McClendon; that he sold his share of at least two large energy plays at the same time Chesapeake divested its interest; and that he operated a private $200 million hedge fund from Chesapeake offices. 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. 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. Fourteen miles south, at Will Rogers World Airport, Chesapeake leases a fleet of planes that shuttle executives to oil and gas fields -- and the McClendon family to holiday destinations. I was actually leaving on a fishing trip the next day to Argentina with my mom and aunt for 10 days, Etta says. 41 prospect in the country, in his high school class, by Rivals.com also had been rated the No. In 2009 it totaled $685,669, according to the proxies. Yet in many ways he still runs Chesapeake the way he did when he co-founded it with 10 employees in 1989. Pumped for a day of powder skiing with our guests in my custom ski bride gown made by Authier. Some are from the Bible. Develop and maintain SOX controls for the project . Until just a few weeks ago, when pay and perks were curtailed in response to public scrutiny, the Chesapeake board was one of the most generously paid in the U.S. oil and gas industry, according to a review of proxy statements. The chaplain positions are among Chesapeake jobs that reflect McClendons passions. It does not detail how many flights each individual took, or where and with whom the individual traveled. A keen student of history, he has a company historian on staff. ENGAGED MEMBER PERK: Use your Engaged Library Card to receive a $100 credit to apply to veil/accessories. Vogue may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. She immediately suggested creating a custom Authier ski bride gown for me. Don't worry. Less than two months. Full name: William Anthony McClendon born in Sacramento, Calif. is the younger of Sean McClendon and Angela Slaughters two sons has one older brother, Marcus undeclared major. Once wasn't enough, neither was twice. Business does not appear brisk; parking lots were largely empty on recent weekdays and many of the shops were vacant. Seriously, open bar wedding receptions are one of life's great pleasures. Chesapeake regularly discloses that McClendon receives personal accounting and engineering support from company employees; his contract allows him to use company facilities for his personal businesses, investments and activities. But the scope and sophistication of the support, including AKM Operations, is not broken out in public disclosures. Benham found the dress in Japan -- a Salvatore Ferragamo -- and had it shipped to Katie McClendon within 48 hours. Rivals was the highest on McClendon coming out of high school, ranking him as the No. Then Ian was on his knees as the sun was setting, and she realized the box held a diamond ring. The honeymoon phase isn't over for Wendi McLendon-Covey and her husband Greg Covey. At times, former employees said, McClendon was too quick to approve deals. In 2006 it paid $16 million for Nichols Hills Plaza, a 50-year-old shopping center that was valued at $6.3 million. In no small part, that revitalization was fueled by McClendons vision and his commitment to the community and to Chesapeake. Plays extremely hard and isn't afraid of contact on either end. 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. McClendon gave a speech to a natural-gas conference shortly after arriving, then took the next two weeks off for a family vacation. Also, I have no clue whyJack disinvited all the single people. Poor driving skills aside, he was apparently impressed that I had gotten myself out of the woods in one piece! Etta jokes. It has grown so big and McClendon has sold so much stock -- dumping $569 million during a personal financial crisis in 2008 -- that he now owns less than 1 percent of the company. Chesapeakes expansion in Oklahoma City stretches far beyond Classen Curve. McClendon has poured Chesapeake resources into another love: rowing. CBS Sports is a registered trademark of CBS Broadcasting Inc. UCLA freshman guard Will McClendon will miss the 2021-22 season after suffering a torn anterior cruciate ligament in his left knee during preseason workouts.. When it was time for the latter, DJ Kevin Joyal brought the house down. I dont exactly know the origins of it and I dont exactly know when it ends, but I know that it will end, and we will emerge stronger. Scandalous, huh? Aubrey McClendon and his wife, Kathleen Upton Byrns, met at Duke University, where they were both students. The episode served as an early example of McClendons penchant for collecting smart and loyal friends and keeping them close. Consider the job held by Bryan Ott, an accountant who earned $200,000 at Chesapeake last year. I had an inkling that I wanted to wear the mantilla veil that she had worn to her wedding, so asked her to bring it with her to the salon appointments. In the wake of Reuters reports that raised questions about his mingling of personal and corporate interests, the board stripped him of his chairmanship. During the height of the COVID-19 pandemic, McClendon was separated from her Polish fiance for months due to border restrictions in both the U.S. and Europe. As Chesapeake CEO he presides over a company that signed a $36 million, 12-year sponsorship deal with the team. He received his first business lesson as a teenager, mowing neighborhood lawns in suburban Oklahoma City, the friends say. Shes the cousin of Michigan U.S. Representative Fred Upton, who is the uncle of model and actress Kate Upton. It came after Commissioner Tim Boyd, R-East Brainerd, announced earlier this month he would not seek re-election. Even at rest, McClendon remains competitive. How is it you can make decisions so quickly? He said, I make hundreds of decisions every day. I knew that they probably hadnt used the best judgment having the party and all that. 0. The entire room took off dancing, Etta says. Would love your thoughts, please comment. Show 6.86K subscribers Subscribe 203 Share 86K views 8 years ago Bishop McClendon and wife, First Lady Priscilla discuss. A round-trip flight with 10 friends to Alaska cost Chesapeake shareholders $71,000. His job title is Controller, AKM Business Operations, but Ott does much more than manage McClendons money. He is very easy to pitch because his general inclination is to say yes, said one former employee. The experience showed McClendon what he could do with 3D power on PC computers. The piece also details the philanthropic activities of the couple noting that since the. We will emerge more focused, and we will change in some ways that we probably need to change in.. Fulfilled. Self did not respond to requests for comment. They earn modest salaries -- $30,000 to $40,000, plus benefits -- and are assigned to departments such as finance and community relations. Class of 2021 @ Bishop Gorman | Las Vegas, NV. 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. As with other assets, McClendon has melded his Thunder interest with Chesapeake business. Feb 17, 2023. Theyd been out skiing together, and when they got home Ian suggested they take the Snowcat and drive up the back side of Aspen Mountain to catch the sunset. But I knew that they were not guilty., Callie McClendon Katt is an accomplished businesswoman. Total cost: $27,000. McClendon will have to wait until 2022-2023 to get back on the court and contribute for the Bruins, presumably surrounded by a far different roster by that point. In a remarkable feat, Oklahoma City transformed its dry and weed-choked riverbed -- nothing more than a big ditch, says Mayor Mick Cornett -- into an Olympic-class rowing venue. Last year his wife bought an $11 million house there, perched over a spectacular cliff. Chesapeake plans to reopen the shuttered Nichols Hills Market and recently put two grocery store managers on its payroll. Cliff Williams / The Outlook Maddie McClendon's mother Chris, left, hugs a friend while others sign a poster for Maddie. As the Mole said, "You would think that a prominent family such as the McClendons could make appropriate accommodations." In Oklahoma City, market value is based on recent sales data, said Larry Stein, the countys chief deputy assessor. March 2, 2017 3:34 pm ET. It was made from the same waterproof material as the jacket and looked like a real gown!, Ettas parents live in Wyoming, so she and her mom decided to shop for her actual wedding dress in Denver, as it was the halfway point. Hell say, Rand, what if we paint it blue? And Ill say, Let me think about it. Hell insist, No, I want you to give me an answer right now. 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