Richard M. Kernan, Jr., 77 of Naples, FL and Tinton Falls passed away at his home on Monday, October 29th. He was born in Philadelphia, PA, lived in Oak Park, IL until the age of 16, when he and his family moved to Orange, NJ. Richard attended Seton Hall Prep High School, and Seton Hall University where he earned a BS in Accounting and a MBA in Finance while participating in US Army ROTC. Richard served for 2 years of active military service in Korea and remained with the US Army as a reservist until the 1980s. Richard’s first position as an Accountant was for Texaco Company. In 1968 he joined New York Life Insurance Company where he rose from Investment Analyst to VP in charge of the Investment Dept. to Senior Vice President, and finally to Executive Vice President of NY Life Worldwide Holding Inc. As the Executive Vice President, Richard served as Mergers & Acquisitions and Mortgage Finance Dept.; Chairman, Chief Executive and Director of the MainStay VP Series Fund Inc.; as well, Chief Investment Officer. In addition, Richard served on many boards for NY Life; Board of Directors, Executive Management Committee, MacKay Shields Financial and Express Scripts Inc. In addition to Richard’s industrious career, he also found time to serve as Indian Guide Chief, Cub Scout Master and numerous coaching positions for his two boys. As well as, serving on the Stillman School of Business Advisory Board for Seton Hall University and as a member of Newark Renaissance House Board. He is survived by his wife Barbara; their children Richard and his wife Suzanne, Christopher; and his grandchildren, Ryan, Bailey, Kyle and Mychal. Richard is also survived by his sisters Carol Wilsey and Ellen Powers. He is predeceased by his father, Richard, Sr., mother, Mary and sister, Bernadette. Visitation Thursday, Nov. 1st, 4 to 8 pm at Holmdel Funeral Home, 26 South Holmdel Road, Holmdel. A mass of Christian burial will be held on Friday, Nov. 2nd, 9 am, at St. Mary’s RC Church, One Phalanx Road, Colts Neck with entombment following at Holmdel Mausoleum, 900 Holmdel Road, Holmdel. To share a favorite memory or to send a message of condolence please visit Richard’s page of tributes at www.holmdelfuneralhome.com.