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Chesapeake CEO change concerns nonprofits

Filed by KOSU News in Local News.
January 31, 2013

At the Lyric Theatre, tickets only pay for 50%  of the production costs so they count on individual and corporate support to make up the difference.

The impending retirement of Chesapeake’s CEO, Aubrey McClendon, has concerned the arts community.  They worry his replacement may not be as generous. Paula Love is Vice President of Development for Lyric:

“They have been a major builder in the Oklahoma City community and not just in the arts.”

If the new CEO comes from out of state, Love says they will want to demonstrate the importance of the arts in Oklahoma.

Even though it doesn’t look like House Bill 1895, which would eliminate funding for the Oklahoma Arts Council, will make it out of committee, arts organizations remain concerned about future funding from public and private sources.

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