Obituary: Clement Edward McGillicuddy


Clement Edward McGillicuddy
MANHATTAN, N.Y. – Clement Edward McGillicuddy died peacefully at home in Manhattan, N.Y., on Aug. 3, 2026, surrounded by his family. He was 84 years old.
Clem was born in Houlton, Maine, on April 22, 1942, the son of Joseph H. and Mary (Vose) McGillicuddy. He graduated in 1964 from the University of Maine, where he was a member of Phi Eta Kappa Fraternity and the honor societies The Sophomore Owls and The Senior Skulls. In the Summer of 1965, he worked on a crew clearing brush in Houlton for the extension of I95 through northern Maine. When outdoor work halted for the winter, he got an office job in Houlton with Howard Needles, the engineering firm in charge of building the road. Some months later, he was invited to work in their New York City office in a field just opening up: computer programming. He then worked for Loeb Rhoades where he met and married Linda, a fellow computer analyst. They would go on to establish their own software business that specialized in Wall Street communications systems. In 1981, they retired from computer consulting and moved to Palm Beach, Fla.
As a young boy of 8, Clem began reading Business Week, developing his passion for learning everything he could about stocks and investing. His goal was to retire at the age of 30 and for investing to become his life’s work. He succeeded. One could always find him reading multiple investment journals, books and magazines.
He was also involved in civic and cultural affairs, traveled, played tennis, collected art, and donated to good causes—in particular, to the University of Maine, his alma mater where he set up The McGillicuddy Humanities Center. After Palm Beach, the family lived in Charlottesville, Va., and Jupiter Island, Fla. in Hobe Sound, he partnered with Cleveland Clinic to create a program to offer free healthcare for disadvantaged children.
He summered for 42 years in Northeast Harbor, Maine, where he was a member of the Northeast Harbor Tennis Club and the Pot and Kettle. Clem was a past president of the Pot and Kettle, a club that he treasured. He was also a member of Mensa, the Jupiter Island Club, Farmington Country Club, The Wiz Kids and the Knickerbocker Club.
Clem is survived by his wife of 51 years, Linda; his son, Steven and wife Jessica, his daughter, Annie and husband Max Maeder; grandchildren Jonathan, Jameson, and Elizabeth McGillicuddy, Olivia and Molly Maeder; sister, Barbara and her husband Francis X. Bolton, brother, Charles and his wife Ann Chase; nieces and nephews; and grandnieces and nephews.
He was predeceased by his brother, Thomas.
Clem had wonderful health care aids for the last year, Emmanuel Achempong and Isaac Obiri, who made each day worthwhile. His doctors, Dr Timothy Dutta and Dr Frank Lui, enriched his life and are truly the finest health professionals.
Clem loved his family. He had a wonderful, fulfilled life and he would be the first to say that. He always said that he was lucky. Clem was a brilliant, humble, caring, gentle man who deserved his blessed life and who will be greatly missed by all who knew him.
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