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RAYMOND CAREY Obituary

CAREY--Raymond Bernard. On September 22, 2020, Ray Carey, businessman, writer, democratic capitalist, sportsman, master raconteur, husband, father, and grandfather, passed away at the age of 93. A graduate of Holy Cross College and Harvard Business School, his proudest accomplishments included running and growing ADT as president and CEO from 1970-88, and, after he retired, writing and teaching on employee ownership and democratic capitalism. He created the Carey Center for Democratic Capitalism, founded the Carey Scholars Program for high school students and the Carey Fellowship at Rutgers. His life centered on his wife of 67 years, Dennice, overly friendly dogs, and living in beautiful isolated places (the farmhouse in Locust, NJ, Sun Valley, ID, and the very end of Eel Point, Nantucket). Ray loved to sail, play tennis, ski, and golf, and enjoy their clubs -- Rumson Country Club, Seabright Beach Club, Seabright Lawn Tennis and Cricket Club, Sankaty Golf Club, Nantucket Yacht Club, and The Valley Club. The funeral mass will be at Holy Cross Church, 30 Ward Avenue, Rumson, NJ, at 11am Saturday, September 26, and will be livestreamed (http://holycrossrumson typepad.com). An outdoor reception of remembrance will follow at the Carey home, 34 Browns Dock Road. In lieu of flowers, the family requests memorial donations to the Rutgers University Foundation in support of the Ray Carey Fellowship in Democratic Capitalism (P.O. Box 193, New Brunswick, NJ 08903-0193, or online at give.rutgers.edu/ careyfellow ship). Thompson Memorial Home of Red Bank, NJ has been entrusted with the arrangements.

To plant trees in memory, please visit the Sympathy Store.

Published by New York Times on Sep. 25, 2020.

Memories and Condolences
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Jacqueline Murray

September 19, 2024

Raymond B. Carey Jr. was in the early seventies Vice President in a Canadian company in Montreal for a few years and was very well liked by all his staff which he motivated and respected. We all thought he would have been a great President of the United States.
His ideas were very much similar to ours.

Paul N DeMeo

September 18, 2024

Ray was a man who lived a rich and full life who impacted the lives of others in a positive way.

Paul DeMeo

September 19, 2021

Remembering Ray and the positive affect he had on corporate America through his book, "Democratic Capitalism". This book has impacted the lives of many and a way in which we can share the wealth of the nation, to make it a better country. I was honored to know Ray and his Family.

Jacqueliine Murray

January 5, 2021

Sheila Carey Bryan : Every year your mother Dennice and your dad would send my husband and I a Chrismas Card with the family picture. This year I thought weird that I did not receive one.
I went into internet to discover the sad news of his passing on September 22. We are so sad because your dad was very special to us in Montreal during your family stay. We are sending our condolescences and will pray for your family.

Paul DeMeo

December 28, 2020

I was saddened to learn of the passing of my friend Ray, whom I met when I nominated him for the 1st Academic Hall of Fame at Gardner High School, the town in Gardner Massachusetts where Ray grew up. My thoughts and Prayers are with Ray's family.

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Jim Murphy

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Paul DeMeo

November 5, 2020

I was very happy to meet Ray and his family and to nominate Ray for the 1st Gardner High School Academic Hall of Fame in 2007. He was a man who cared about others and wanted to share wealth and opportunities within the corporate structure of America. Ray, I will miss you but your legacy lives on through "Democratic Capitalism".

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sidney brown

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Simone Taylor

September 27, 2020

My sincerest condolences to your family for the loss of your loved one, Please except my deepest sympathies.

Cluster of 50 Memorial Trees

Karen Seidman

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Ronald Thornley

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Memorial Events
for RAYMOND CAREY

Sep

26

Funeral Mass

11:00 a.m.

Holy Cross Church

30 Ward Avenue, Rumson, NJ

Funeral services provided by:

Thompson Memorial Home - Red Bank

310 Broad St., Red Bank, NJ 07701

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