CHRYSTIE--Thomas Ludlow, Thomas Ludlow Chrystie II, 80, died on December 24, 2013 in Charleston, South Carolina. Born in New York City, he was the son of Thomas Witter Chrystie and Helen Duell Chrystie. He graduated from the Taft School in 1951 and Columbia University, Phi Beta Kappa, in 1955. He served in the US Air Force from 1956 to 1958 as a management analysis officer. In 1960, he received an MBA, Beta Gamma Sigma, from New York University. Tom had a distinguished 33-year career with Merrill Lynch & Co. He served in various investment banking and management capacities from 1955 to 1988, when he retired to live in Jackson Hole, Wyoming. At Merrill Lynch, he headed the investment banking division, real estate, capital markets and merchant banking activities, each of which he helped build. Under Tom Chrystie's leadership, Merrill Lynch for the first time achieved the number one ranking as a manager of corporate financings and municipal financings and became a major factor in merger and acquisition services. After Merrill Lynch went public, Tom served as its first Chief Financial Officer with additional responsibility for planning and development. In that capacity, he conceived and directed the development of Merrill Lynch's Cash Management Account. In addition to serving on many corporate boards, Mr. Chrystie was a Trustee and Trustee Emeritus of Columbia University and Columbia Presbyterian Hospital. He served on the boards of the Taft School, The American Health Foundation and The Middleton Place Foundation. In Jackson Hole, he was a founding Trustee of the National Museum of Wildlife Art. As principal owner of Spring Creek Ranch, he was instrumental in attracting the first Aman Resort to North America. Tom Chrystie is survived by his wife Eliza and children: Alice C. Wyman (Peter), Helen C. Hipp (Walter), Adden Balis Chrystie and James MacDougal Chrystie. He was preceded in death by his son Thomas Witter Chrystie and his sister Mabel Dennison. He is survived by five grandchildren: Eliza K. Chadwick, Raymond G. Chadwick, Peter Hunt Wyman Jr., Henry Trumbull Wyman and John Ludlow Wyman. Memorial services will be private. Memorial gifts in Tom's honor may be given to Columbia University's Frontier Fund.
Published in The New York Times on Jan. 5, 2014