Colorado CEO, under investigation, commits suicide with a nail gun

By Tom Boggioni
Saturday, February 8, 2014 14:44 EDT
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The  CEO of American Title Services in Centennial, Colorado was found dead in his home by a family member this past week, the result of self-inflicted wounds from a nail gun.

According to the Denver Post, Richard Talley, 57, and the company he founded in 2001 was under investigation by state insurance regulators at the time of his death late Tuesday.

An  Arapahoe County coroner spokeswoman said on Thursday that Talley was found in his garage by a family member who called authorities. The coroner determined that  Talley died from seven or eight self-inflicted wounds from a nail gun fired into his torso and head.

It is unclear whether Talley’s suicide was related to the investigation by the Colorado Division of Insurance, a part of the Department of Regulatory Agencies, which regulates title companies.

DORA spokesman Vince Plymell confirmed that there is currently an  investigation focusing on Talley and the company, but would not provide additional details.

Before moving  to Colorado, Talley was a former regional financial officer at Drexel Burnham Lambert in Chicago, where he met his wife, Cheryl, a vice president at the company. The two married in 1989.

Talley’s 1989 wedding announcement in the Chicago Tribune noted he was a graduate of the University of Miami with a graduate degree from Northwestern University’s Kellogg Graduate School of Management.

The wedding announcement also noted that Talley was “a member of the 1980 U.S. Olympic swimming team.” A spokeswoman for USA Swimming on Thursday said Talley was not on the team.

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