
Ex-Chesapeake CEO Aubrey McClendon dead after car accident
Former Chesapeake Energy CEO Aubrey McClendon may have died in a fiery car crash on Wednesday, one day after being indicted by a federal grand jury.
McClendon, 56, was identified as the victim in the single-vehicle crash by the Oklahoma City Police Department.
Police said McClendon was traveling very fast when his car "drove straight into" a wall of an overpass. McClendon's 2013 Chevy Tahoe was immediately engulfed in flames and he did not survive the accident.
"There was plenty of opportunity for him to correct and get back on the road but that did not happen," Captain Paco Balderrama of the Oklahoma City police said at a press conference.

The former founder and CEO of Chesapeake (CHK) was indicted late Tuesday for allegedly conspiring to rig the price oil and natural gas leases in Oklahoma. The Department of Justice accused him of orchestrating a conspiracy between two large oil and gas companies between December 2007 and March 2012.
McClendon, who was also part-owner of the Oklahoma City Thunder basketball team, said the charges against him were "wrong and unprecedented."
"I have been singled out as the only person in the oil and gas industry in over 110 years since the Sherman Act became law to have been accused of this crime in relation to joint bidding on leasehold," he said in a statement.