On Monday September 19, 2011, 12:13 pm
NEW YORK (AP) -- Chesapeake Energy Corp. on Monday announced that Jerry L. Winchester will serve as CEO of its Chesapeake Oilfield Services subsidiary.
The subsidiary, which could be worth between $7 billion and $10 billion next year, includes Nomac Drilling, Performance Technologies, Thunder Oilfield Services, Compass Manufacturing, MidCon Compression and CHK Directional Drilling.
Winchester, 52, was previously CEO at Boots & Coots International Well Control Inc.
Chesapeake Energy also named David Fisher, 58, as chief administrative officer for the subsidiary.
In addition, the parent company named James Minmier, 47, as president of Nomac Drilling and CHK Directional Drilling and William Stanger, 57, as president of Performance Technologies. Zachary Graves, 36, was named as president of Thunder Oilfield Services.
Oklahoma City, Okla.-based Chesapeake's shares fell 77 cents, or 2.4 percent, at $31.05 in midday trading.
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