CHK > Aubrey McClendon, a founder and former chief executive of Chesapeake Energy, died in a fiery single-car crash Wednesday, a day after he was charged with conspiring to rig bids for oil and natural gas leases.
McClendon, 56, crashed into an embankment while traveling at a "high rate of speed" in Oklahoma City just after 9 a.m. local time, said Capt. Paco Balderrama of the Oklahoma City Police Department. Flames engulfed McClendon's vehicle "immediately," Balderrama said. He added that police determined McClendon was not wearing a seatbelt after earlier being unable to tell.
"He pretty much drove straight into the wall," Balderrama said.
He said police still needed to determine an exact cause of the crash, but a medical event was "possible." McClendon was expected to turn himself in at 11 a.m., Balderrama added.
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