NEW ORLEANS, La. - The New Orleans Police Department reported on the afternoon of March 9 that missing AGL Resources Inc. executive Douglas Schantz's body was found underneath a dock along the Mississippi River.
Police said he had all of his jewelry and credit cards, leading them to think his death was due to accidental drowning.
Authorities recovered the body fitting the general description of the executive missing since March 5 near where Schantz, 54, likely fell into the water, Assistant Superintendent Marlon Defillo of the New Orleans Police Department said on the afternoon of March 9, before the body was positively identified by the family.
Schantz went missing after leaving the Razoo Bar and Patio on Bourbon Street around 2 a.m. before walking along the Mississippi River near the steamboat Natchez, where he was last seen on video. Authorities said he had been drinking and appeared disoriented.
"The last video of Mr. Schantz is that, is when he was near the boat Natchez, walking on a two to three feet wide walkway near the river," New Orleans Police Chief Warren Riley said.
According to wwltv.com, the Web site of the Crescent City's CBS television affiliate, Riley said the video shows Schantz around 2:40 a.m.
"There's a continuous stream of video that shows him walking to the river, by himself, and at some point he got to the river but then goes out of the view of the video," said Alan Chapple, manager of corporate communications for AGL Resources.
New Orleans daily The Times-Picayune reported on the afternoon of March 9 that in the video, Schantz jumps a fence and walks under the Natchez's gangway to an area marked as restricted, where he then disappeared before his death.
Schantz was president of Sequent Energy Management, a unit of Atlanta-based AGL Resources. He was first reported missing when he didn’t meet his daughter for a flight home.
Schantz was in New Orleans to donate $25,000 to Tulane University, where his daughter is a student.
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