Chesapeake Energy Corporation has appointed Kimberly K. Querrey to the Board of Directors effective immediately. Querrey will serve as a member of the Audit Committee and will stand for re-election at the 2015 annual meeting of shareholders on May 22.

Chairman Archie Dunham commented, 'With her extensive financial experience and environmental, health and safety background, Kimberly will be a terrific resource for our Board and management team. We are pleased to welcome Kimberly and are confident that her insight will benefit the company and all of our shareholders.'

Querrey is the co-founder of SQ Advisors, LLC, a registered investment advisor, and has been its President and Managing Member since August 2010. Previously, she was the President of Querrey Enterprises, an international business operations and environmental, health and safety consulting firm, from 2000 to 2010.

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