Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

read more >

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.

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?