Theodore Marshall Swartwood

| 17 Jan 2021 | 03:04

Theodore Marshall Swartwood of Westtown, N.Y., and Wellington, Fla., passed away peacefully on Thursday, Jan. 14, 2021. He was 87 years old.

Born on Aug. 9, 1933, in Kingston, Pa., he was the son of Theodore M. and Gladys (nee Keir) Swartwood.

Marshall was born in Kingston, Pa., on Aug. 9, 1933. He graduated from Harpur College, now SUNY Binghamton, in 1956; he was commissioned as a Lieutenant in the Marine Corps and served at Camp Lejeune.

Upon earning an MBA from the Johnson School of Business at Cornell University, he joined Blythe & Co., a Wall Street investment banking firm, as a salesman. He founded Faherty & Swartwood, a boutique investment banking firm, in 1969 and then founded Swartwood Hesse Inc., a venture banking firm in 1980 and served as Chairman and CEO until 2015.

Among his numerous business interests, he also served as President of Coal Fuels, Inc., a coal mining business, Harlan, Kentucky; founded Otisville BioTech, Inc., Otisville, N.Y.; and led the acquisition of R.G. Dickinson, a Des Moines, IA-based brokerage in 1990.

He was active in entrepreneurial ventures throughout his career. In 2018, he became one of the oldest certified hemp farmers in New York.

He is survived by his wife, Sue Doty-Lloyd; son Thomas M. Swartwood and his wife Terri Combs; daughter Susan Chipoletti; son Theodore M. Swartwood and his fiancée Alicia Breen; and five grandchildren: Kaitlin Swartwood, Atticus Swartwood, Anthony Chipoletti, Declan Swartwood and Maeve Swartwood; and many brothers and sisters-in-law.

Visitation was held Jan. 19 at Lazear-Smith & Vander Plaat Memorial Home, 17 Oakland Ave., Warwick.

A Funeral Mass was celebrated Jan. 20 at St. Stephen RC Church, 75 Sanfordville Road, Warwick.

Interment will be private.

Arrangements were entrusted to Lazear-Smith & Vander Plaat Memorial Home. To send an online condolence, visit