Monday, June 6, 2011

Two OKC Corporations Ranked in Top 10 as “Best Large Companies to Work for in America”

Two of Oklahoma City’s largest and fastest growing corporations, Chesapeake Energy Corporation and Devon Energy Corporation,were named to the top 10 list of “Best Large Companies to Work for in America,” which also included Google, Intel and Whole Foods. Published by the national employment website AOL Jobs, which partners with Careerbuilders.com, Chesapeake is ranked No. 7 and Devon is ranked No. 9.

In order to be named to this list, a company must rank in both the FORTUNE 500 “Largest Companies in America” and FORTUNE “100 Best Companies to Work For” lists. Devon and Chesapeake were among only 27 companies to claim a spot on both lists.

“This designation is further proof that Oklahoma City is a place where headquarter companies thrive,” said Roy H. Williams, president and CEO of the Greater Oklahoma City Chamber. “Our stable economy and quality workforce make this a great place to do business. Leaders such as Aubrey McClendon and Larry Nichols, who founded and grew their companies right here in Oklahoma City, and are committed to taking care of their employees, exemplify the success a company can have here.”

“We are honored to be included among a notable group of leading American companies recognized for their business success and workplace excellence,” said McClendon, CEO of Chesapeake Energy. “Oklahoma City has grown significantly the past decade, led by a vibrant local energy industry. Our citizens have invested in a series of economic development initiatives, known as the Metropolitan Area Projects, or “MAPS”, which have sparked more than $5 billion in public and private investment over the past 15 years. The result is that Oklahoma City has become one of the most vibrant cities in America and one of the best in which to do business.”

“It is always an honor whenever our company is recognized for the way we do business and treat our employees,” said Nichols, executive chairman of Devon Energy. “Having two Oklahoma City corporations named to this list is a testament to how far our city has come. This is a place people want to live. The quality of life is high and the cost of living is low. Devon, along with Chesapeake and other national energy companies headquartered in Oklahoma City, are making sizable investments in our respective corporate headquarters because we are confident in the future of Oklahoma City as place where our companies can be successful.”

The top ten “Best Large Companies to Work for in America” as compiled by AOL Jobs and reported by CNNMoney.com, which is part of FORTUNE Digital, are as follows:

1. Google (NASDAQ:GOOG), based in Mountain View, CA
2. USAA (not publicly traded), based in San Antonio, TX
3. Cisco Systems (NASDAQ:CSCO), based in San Jose, CA
4. Goldman Sachs (NYSE:GS), based in New York, NY
5. Whole Foods Market (NASDAQ:WFM), based in Austin, TX
6. NuStar Energy (NYSE:NS), based in San Antonio, TX
7. Chesapeake Energy (NYSE:CHK), based in Oklahoma City, OK
8. Qualcomm (NASDAQ:QCOM), based in San Diego, CA
9. Devon Energy (NYSE:DVN), based in Oklahoma City, OK
10. Intel (NASDAQ:INTC), based in Santa Clara, CA

The ranking is based on a company’s presence and position on both the FORTUNE 500 “Largest Companies in America” and the FORTUNE “100 Best Companies to Work For” lists. Devon ranks No. 231 and Chesapeake ranks No. 263 in this year’s FORTUNE 500. Chesapeake ranks No. 32 and Devon ranks No. 41 on this year’s FORTUNE “100 Best Companies to Work” in America.

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