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Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

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Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

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Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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Chesapeake appoints acting CEO, executive search continues

Aubrey McClendon
 
By A. Lee Graham
Fort Worth Business Press
 
Chesapeake Energy Corp. has named Steven Dixon acting CEO as the Oklahoma-based energy company seeks a permanent successor to Aubrey McClendon.
Dixon, who has served as Chesapeake’s executive vice president and chief operating officer since 2006, is one of three company executives constituting a newly formed Office of the Chairman, which will be active until a permanent CEO is chosen.
Rounding out the interim office is Archie W. Dunham, non-executive board chairman; and Domenic J. Dell’Osso Jr., chief financial officer.
“Steve and Nick are both playing key leadership roles as the company accelerates the realization of the substantial intrinsic value of our world-class oil and gas assets for the benefits of all Chesapeake stakeholders,” Dunham said in a news release.
As previously reported, McClendon agreed with the board that he would retire from the company on April 1, 2013. Aiding the search for his successor is Heidrick & Struggles International Inc., an executive search firm.
A Chesapeake audit committee found no “intentional misconduct” by McClendon as part of a review released in February. The finding came as Chesapeake’s board received results of the previously announced review of financing arrangements between McClendon and third parties identified as having a financial relationship with the company.
Chesapeake Energy Corp., whose interests include the Barnett Shale in North Texas, develops unconventional natural gas and oil fields nationwide. More information is available at www.chk.com.

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