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Central Texas authorities release new details in the death of CEO Angela Chao

The FBI and Texas Rangers inspected evidence gathered in the case and determined the incident "was nothing more than an unfortunate accident."

BLANCO COUNTY, Texas — More than a month after Foremost Group CEO Angela Chao was found dead in Central Texas, authorities have finally closed their investigation into her death.

Reports suggested Chao's death was part of a criminal investigation after her body was recovered from a pond on a private ranch in Blanco County.

However, a 15-page incident report obtained by KVUE's media partners at the Austin American-Statesman revealed Chao died after she inadvertently reversed her Tesla Model X SUV into a pond on a private ranch in Blanco County. KVUE Senior Reporter Tony Plohetski also revealed Chao had a blood alcohol level of 0.23 at the time of her accidental drowning.

RELATED: CEO Angela Chao's death deemed an 'unfortunate accident' amid report of criminal investigation

Just days after her death, Blanco County officials declined to give basic information or records on the deadly incident requested under the Texas Public Information Act.

Authorities determined Chao, the sister-in-law of Kentucky Sen. Mitch McConnell, died "from being under the water" after emergency measures were attempted. No foul play has been suspected, but Woodring said the investigation won't be closed until all necessary information has been gathered and documented.

The FBI and Texas Rangers inspected evidence gathered in the case. They determined "this incident was nothing more than an unfortunate accident," according to the report obtained by the American-Statesman.

RELATED: Foremost Group CEO Angela Chao dead in apparent drowning in Central Texas

Chao's background, career

Before entering the workforce, Chao studied at Harvard University's Business School, where she wrote a study called "Ocean Carriers" that is still used by students today.

Most recently, Chao lived in Austin and worked as CEO of the shipping company Foremost Group, based in New York City, among other organizations. Her husband, James, is the founder of Breyer Capital and a minority owner of the Boston Celtics.

Chao's sister, Elaine Chao, was married to McConnell and previously worked as secretary of transportation, while her father, Dr. James S.C. Chao, was the original Foremost Group founder.

Foremost Group statement

Following her death, the Foremost Group released a statement that said, in part, "Angela believed that the foundational element of success is the belief that shipping is not an asset finance business but that it's about people. She placed special emphasis on paying attention to the care and well-being of our crews and to everyone onboard and onshore who played a role in performing our services. As a result, her leadership in the shipping industry was widely recognized."

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