Newspaper article St Louis Post-Dispatch (MO)

Ex-Chesapeake CEO McClendon Dies in Car Wreck Day after Indictment (Print Version)

Newspaper article St Louis Post-Dispatch (MO)

Ex-Chesapeake CEO McClendon Dies in Car Wreck Day after Indictment (Print Version)

Article excerpt

OKLAHOMA CITY * Aubrey McClendon, a brash risk-taker who led Chesapeake Energy Corp. to become one of the world's biggest natural gas producers, died in a single-car crash on Wednesday, one day after being charged with breaking federal antitrust laws, police said. He was 56.

Police Capt. Paco Balderrama said McClendon, a part-owner of the NBA's Oklahoma City Thunder, was the only occupant in the 2013 Chevy Tahoe when it slammed into a concrete bridge embankment shortly after 9 a.m.

"He pretty much drove straight into the wall," Balderrama said.

The Justice Department indicted McClendon on Tuesday for allegedly colluding to rig bids for oil and gas acreage while he was at Chesapeake, a central player in the U.S. fracking revolution of the past decade. He denied the charges.

McClendon, who was revered in oil and gas circles as a visionary, resigned from Chesapeake in 2013 after a corporate governance crisis and investor concerns over his heavy spending. …

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