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Updated: 7:21 AM Feb 27, 2009
Chesapeake Energy Moving Jobs Out of Charleston
Chesapeake Energy is reorganizing its Eastern Division by moving or eliminating 215 of its 255 positions in its Charleston office.
Posted: 10:56 PM Feb 26, 2009Reporter: WSAZ News Staff Email Address: news@wsaz.com |
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67 Comments 
CHARLESTON, W.Va. (WSAZ) -- Chesapeake Energy is reorganizing its Eastern Division by moving or eliminating 215 of its 255 positions in its Charleston office.
The company will move some of those 215 jobs to its Oklahoma City headquarters and eliminate the rest. The transferred employees include Scott Rotruck, Chesapeake's Vice President in West Virginia.
Chesapeake CEO Aubrey McClendon said in a written press release that West Virginia's business climate was a factor in the future of its Charleston operations. McClendon said until it is improved, prudent companies need to be careful about investing in the state.
“In moving most of our Charleston office responsibilities to Oklahoma City, we are adopting an operational model we have used with a high degree of success in our other shale plays. Based on our experience, we believe that consolidating key positions in Oklahoma City dedicated to developing the Marcellus Shale will enable us to more aggressively and efficiently implement our exploration and production program across the region," Aubrey McClendon, Chesapeake CEO, said in a written statement.
“I would also like to say that we remain very appreciative of the support we have received from Governor Manchin and others who have encouraged us since we came to Charleston four years ago with our $2.2 billion purchase of Columbia Natural Resources. Since that time, we have invested another $850 million in West Virginia. However, the reduction in our employee base in West Virginia became inevitable when we decided last year not to build our $40 million regional headquarters office complex in Charleston following the West Virginia Supreme Court’s refusal to consider our appeal in the Tawney case. At that time, we realized that until West Virginia’s judicial system provides fair and unbiased access to its courts for everyone, a prudent company must be very cautious in committing further resources in the state. Even though the state Supreme Court’s decision was not the primary reason for the reorganization, it did play a significant role in our decision,” McClendon said.
Forty people will remain in the regional headquarters in Charleston. The remaining employees are in the corporate development, midstream and human resources areas of the company. Chesapeake will continue to employ more than 400 people in various offices across West Virginia.
The jobs affected include workers in the land, legal, accounting, information technology, geoscience and engineering departments. The workers who are out of the job will receive severance packages. That process is expected to be finished by the end of June.
Keep clicking on WSAZ.com for up to date details as we get them.
Statement from the Governor
- “West Virginia is a still a great location for business, however, all companies -- large and small -- are doing everything they can to sustain themselves through this national recession, and this cutback by Chesapeake is that type of decision. I understand they want to maximize their efficiencies by moving some of these jobs back to their Oklahoma headquarters.
“We’ve worked hard and our state is in better financial condition because of it, but this economy is very challenging, and this news is heartbreaking for those who will lose those jobs and for our entire state.
“We will continue to face challenges like this in the coming months, but we will work through every one of them as West Virginians always do. We will do everything we can to help these employees find new opportunities here in the Mountain State.”
– Gov. Joe Manchin
Latest Comments
As a small-business owner, Mr. Carper's attitude is arrogant and just perpetuates the current business atmosphere. Something needs to change.
Sorry Commisioner, It's a free county. This guy is starting to sound like Stalin from the Former USSR. Cut taxes and watch your tax revenue's go through the roof. I don't know who's running this state, but, the people should be outraged by this guys remarks on making companies do anything.
Typical big govt. Go ahead people, keep voting democrat til we have to have a lawyer to go outside. Simply look at history of countries, cities, and states that go primarly democrat. Detroit MI....need i say more. Those people are miserable up there, and have been for over 20 years, ironically they keep voting the same party in year after year. Do the math.
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