His company was being investigated by state insurance regulators at the time of Mr Talley’s suicide.
Richard Talley, pictured with his wife of 25 years Cheryl, committed suicide with a nail gun at his home in Colorado
A family member found the 57-year-old dead in his garage, the Denver Post reported.
Mr Talley has been married to his wife Cheryl since 1989. He moved to Colorado from Chicago where he was a regional finance officer for Drexel Burnham Lambert.
Cheryl serves as the company’s Director of Marketing for the tile company, which was founded in 2000. The couple has two children.
He attended the University of Miami and Northwestern University’s Kellogg Graduate School of Management.
The Post also claimed that Talley had once said he was a member of the 1980 U.S. Olympic swimming team’ – but a spokesman for USA Swimming refuted this and said he was not ever on the team.
The Department Of Regulatory Agencies confirmed that an investigation was focused on Talley and the company to the Post but gave no additional information.