What happened to the CEO of Chesapeake Energy?
Aubrey McClendon, the charismatic billionaire co-founder and former Chief Executive Officer of Chesapeake Energy who revolutionized the American shale oil and natural gas industry, faced severe legal trouble after being indicted by a federal grand jury on charges of conspiring to rig bids for oil and natural gas leases. Just one day after his federal indictment was announced, McClendon died tragically in a high-speed single-car collision when his SUV crashed into an embankment in Oklahoma City. Following his sudden death, federal prosecutors formally dismissed the criminal charges against him, ending an extraordinary and tumultuous chapter in American energy history.
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