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Triumvirate to lead Chesapeake during CEO hunt

OKLAHOMA CITY (AP) -- Chesapeake Energy Corp. said Friday that it has created a three-person office of the chairman to help lead the company while it hunts for a new CEO.

The office of the chairman includes Archie W. Dunham, its non-executive chairman of the board; Steven C. Dixon, chief operating officer and acting CEO; and Domenic J. Dell'Osso Jr., chief financial officer.

The company announced earlier this year that Aubrey McClendon, who founded the company and aggressively built it into a market leader, will retire. The last several years of McClendon's tenure were marred by questions about loans from a company that Chesapeake was doing business with.

Chesapeake said Friday that members of the office of the chairman have been working closely to transition oversight of strategic, operational, and financial matters as well as certain day-to-day management responsibilities from McClendon, who is retiring April 1.

The company, based in Oklahoma City, is the second-largest producer of natural gas in the U.S.