Richard Hart Carrigan

passed away peacefully surrounded by loved ones at Cedars-Sinai Medical Center after complications from acute myeloid leukemia. He was 78. Richard was born February 27, 1943, in Salisbury, North Carolina. His father, Richard Kenneth Carrigan, was born and reared on the family farm outside Mount

Ulla, a small community near Salisbury, and was serving in the Pacific in World War II as a Lieutenant Commander. His mother, Naomi Rendleman Carrigan, was a Salisbury native.

Richard’s sister Emily was born after the war in 1946. Following the war, Richard’s father resumed his career as an executive with the W. T. Grant Company, a nationwide retailer, and the family lived throughout the country, including in Atlanta, Georgia, Houston, Texas and finally Los Angeles, California, where he subsequently led all operations West of the Mississippi. Richard and Emily spent their formative years in the Brentwood neighborhood. Education was paramount to the Carrigan family, and Richard graduated high school from what is now Harvard Westlake before earning his bachelor’s degree in philosophy at Occidental College in Los Angeles.

Richard served his country as a Naval Officer during the Vietnam War years. He received his commission at the Newport, Rhode Island Officer Training School and held various posts, ending in New York as a communications officer. He received his Master of Business Administration from Columbia University and soon joined Wall Street investment firm Goldman Sachs. Richard then moved to Chicago, Illinois, where he became one of the first floor-traders on the nascent Chicago Board of Options Exchange. He was elected as one of the first and youngest board members on the Exchange. “Richard was brilliant,” according to one of his earliest cohorts on the Exchange. “He was highly respected and always prepared, and so tenacious.”

In the mid-1980s, Richard began spending time in California and eventually purchased a home in Malibu.

After the devastating losses he and so many experienced in the stock market crash on Black Monday in 1987, Richard embraced a highly disciplined approach, hedged his bets carefully, rebuilt his positions and recovered. He loved the strategy, intensity and relationships of trading and studying the markets. Spirited calls on two lines at once, a stream of faxes, and consuming The Wall Street Journal were an average morning. He took great joy in mentoring others. Pat Krupa, a long-time business acquaintance, said, “I wouldn’t be who I am without Richard,” a sentiment expressed by many.

Richard shared a similar passion for the Malibu community. He served on the Malibu Planning Commission from 2000-2011, including as its Chairman, vigorously protecting the community and land from over-development. “He was larger than life,” Ted Vail, a fellow Planning Commission member and Richard’s long-time friend, recalled.

Known for his impassioned phone calls on topics ranging from politics and the markets to western movies

and sports, Richard was extremely thankful for family and friends. He enjoyed travel with loved ones, voyaging with his father on both the Queen Elizabeth 2 and the Orient Express, attending Christmas Strolls in Nantucket, rafting the Colorado River, and watching several Iditarods. Eventually he preferred the peacefulness of Santa Fe, New Mexico, Homer, Alaska and ranches in Wyoming and Montana. He found a particular pride in supporting educational opportunities for others and celebrating their ultimate graduations and accomplishments.

Richard had a special bond with his kind and loving sister, Emily Carrigan Seigler, a relationship rooted in

mutual respect that strengthened over time even while living cross-country from one another. He admired his brother-in-law Bill Seigler and took great interest in his niece Charlotte Seigler and her family,husband Daniel Broxterman, son William, nine, and daughter Catherine, six, and his niece Eleanor Seigler and her late husband Jay Kaplan. Perhaps above all, Richard adored his four-legged companions Sander, Katie, Tonka, CBOE, Clarence, and now Maggie, who brought him immeasurable joy, which Richard reciprocated.

Richard derived pleasure from the simple things in life, such as walking his dog, pruning his plants, and having a cocktail with his ‘posse.’ He appreciated every moment in his Malibu home, unwavering in his love of the ocean, where his soul felt most at peace. As recognized by those who knew him, Richard was one of the very fortunate who loved what he did and did it until his last days.

Richard was grateful for the devoted medical attention given to him by Dr. Dan Katz and the staff at Malibu Urgent Care, his primary physician, Dr. Phillip Levine, and the incomparable staff at Cedars-Sinai.

Richard Hart Carrigan made a profound and lasting impression on all who knew him, and he will be deeply missed.

A private celebration of Richard’s life will be held in Malibu, and a subsequent private memorial graveside

service with military honors is planned at the family church in North Carolina on Sunday, November 21, 2021 at 3:00pm. In lieu of flowers, contributions may be made to Malibu Urgent Care at 23656 Pacific Coast Highway, Malibu, California. Linn-Honeycutt Funeral Home is honored to be serving the family of Mr. Carrigan in North Carolina.

Fond memories and expressions of sympathy may be shared at www.linn-honeycutt.com for the Carrigan family.