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Forest Oil (NYSE:FST) Chief Quits; Replaces with Long Time Board Director Patrick McDonald – FST, AXAS, HKN, CHK

Forest Oil Corporation (NYSE:FST), whose shares price fell over 50% since January, replaced Chief Executive officer H. Craig Clark on Friday with a long-time board member Patrick McDonald.

Patrick McDonald, a director at the company since 2004, takes the CEO …

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