Jude Rich
Jude Rich

Obituary of Jude Rich

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Jude T. Rich, former President and CEO of Princeton, N.J. management consulting firm Sibson & Company, passed away in his home on Nov. 6 after a decade-long struggle with Alzheimer's disease. He was 71. In the 1980's, when the issue of runaway executive pay emerged, Mr. Rich called for closer alignment between compensation and financial performance. He was a pioneer in developing stock option-based incentive plans for corporate leaders and consulted for most companies in the Fortune 100. Over the course of his career, Mr. Rich authored more than 45 business articles, spoke at nearly 200 conferences and appeared on numerous television and radio broadcasts. Prior to joining Sibson, Mr. Rich was a Partner at McKinsey & Company, where he led the human resource management practice. Previously, he held various positions at Johnson & Johnson, AT&T and RCA. He obtained his Master of Business Administration and Bachelor in Economics from Rutgers University. Mr. Rich found time in his busy schedule to volunteer with Recording for the Blind & Dyslexic, The Conference Board, SCORE, Junior Chamber of Commerce, and Stuart Country Day School. He served as President of Rosedale Acres and Gramercy Tower Homeowners Associations and coached youth basketball and soccer. While proud of his contributions to business and his community, Mr. Rich always considered his family to be his greatest legacy. His adoration, respect and love for Mary, his wife of nearly 40 years, inspired all those who had the chance to see them together. In addition to his dedicated wife, Mr. Rich leaves behind five children, Denise Rich, Jude Rich, Jr., Dina Lemmond, Victoria Rich Glass and Jessica Horton; four sons-in-law, Scott Finkernagel, G. Chris Lemmond, Mark Glass and Robert Horton; daughter-in-law, Francine Poppo Rich; sister, Marie Chandler; brother, Gerald Rich; eight grandchildren and many nieces and nephews. A visitation for friends and family will be held at The Mather-Hodge Funeral Home at 40 Vandeventer Avenue, Princeton, N.J., on Nov. 9, 2014 from 2 p.m. to 4 p.m., and a Mass of Christian Burial will be celebrated at the Church of St. Charles Borromeo, 47 Skillman Road, Skillman, N.J. at 10 a.m. on Monday, Nov. 10, 2014. In lieu of flowers, the family requests that donations be made to the Alzheimer's Association in the hopes that Mr. Rich's children and grandchildren will know a world without this devastating disease.
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