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Wayne Lyski

Wayne D. Lyski

Wednesday, September 24th, 1941 - Friday, July 31st, 2020
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Obituary

Wayne Don Lyski, passed away peacefully on July 31, 2020 in Rye, NY. A shining example of an American success story, Wayne was born of humble beginnings on September 24, 1941 in Great Falls, MT, to Aro and June (Hayes) Lyski. As a youth, he enjoyed fishing and hunting trips with his father and brother. Wayne graduated from Foster High School in Tukwila, WA and went on to college at Seattle Pacific University after receiving a basketball scholarship.
Wayne’s life would be changed forever when he made his first cross country trek by train to Philadelphia, PA where he would attend The Wharton School for his MBA. It was during this time that he developed a passion for financial markets and was recruited to a training program with RCA that would take him to rotations in Cherry Hill, NJ, Singer Island, FL and ultimately Boston, where he met his wife of 47 years, Barbara Byron. From there, Wayne moved to New York City to work for JP Morgan in the firm’s research department, which propelled him into a successful career in Fixed Income investing.
He made a name for himself as a leader in the field at Alliance Capital Management, and showed an affinity for emerging markets investing. His role took him around the world, meeting with investors and finance ministers, and building a sterling reputation as one of the brightest stars in the industry. Wayne held a series of positions at the firm, including chairman and chief investment officer of Alliance Capital Management's fixed income division where he was responsible for overseeing the management of approximately $150 billion in fixed-income assets. Upon his retirement from Alliance in 2004, he continued to manage investments for long time clients through 2008. During his career, Wayne was tapped for critical advisory positions and received numerous accolades. He served as a member of the Treasury Borrowing Advisory Committee from 1996 to 2004, advising the Secretary and staff of the United States Treasury on the financing and management of federal debt, and in 1998, he was inducted into the Fixed Income Analysts Society's Hall of Fame. Never one to extricate himself from the markets, Wayne kept a Bloomberg terminal in his home office post-retirement and always loved to relive fond memories reconnecting with old business friends from the street.
Wayne was a relationship builder, and was known for bringing people together and sharing his passions with ski trips to Deer Valley and golf outings in Tuxedo Park. Always a true Montanan at heart, Wayne’s adoration for open spaces could be found in the places where he gravitated and made his homes. Even when working for decades in NYC, Wayne’s primary home could be found upstate in Tuxedo Park, NY. More recently he had the opportunity to spend parts of the year among the beautiful Wasatch Mountains in Park City, UT and among friends in Fort Myers, FL.
His grounding force throughout has been his family, he and Barbara raised three children who have been the recipients of unconditional love. Spending weekends coaching ski racing at local mountains during their high school days in the 1980’s and 1990’s, to teaching his grandchildren how to tackle Stein’s Way at Deer Valley in the 2000’s, he was always an involved parent and grandparent and their biggest cheerleader. His life was also touched by tragedy with the loss of his eldest son, Brian, to a car accident in 1994. Through trials and successes, Wayne persevered and was a pillar or strength for his family and continued to build a wonderful legacy for his children and grandchildren.
Whether he was known to you as Grandpa, the Silver Fox, Wayne or Dad, he will be forever remembered for his remarkable life: one of generosity, a loving spirit, an amazing sense of humor and constant encouragement of those he held close.
He was preceded in death by his son, Brian, parents, Aro and June, and brother Dale and his wife Joyce. He is survived by his wife Barbara, fondly referred to as “Mrs. L” or “Bobbi”; children Karen Beatty (Graham) and Steven Lyski (Sheri); grandchildren: Jackson Beatty; Emma Beatty; Lucy Beatty; Bryan Lyski; Gianna Lyski; Greyson Lyski; sister, Karen Fleming (Dick); and many nieces, nephews, and extended family and dear friends.
In lieu of flowers, the family requests donations in Wayne’s memory be made to The Folds of Honor Foundation (http://support.foldsofhonor.org/goto/waynelyski).
A private burial will be held in Tuxedo Park, NY. A broader celebration of Wayne's life will be held at a date to be determined in the future.
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Love, Daria and Owen and Shelly Patrick sent flowers to the family of Wayne D. Lyski.
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PH

Peggy & Jack Horney

Posted at 04:19pm
Dear Barbara, You and your family are in our thoughts and prayers. We will treasure all our memories of Wayne. Deepest Sympathy. With Love
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JH

Jennifer and Louis Hsu

Posted at 09:26pm
We were saddened to hear about your loss. We are thinking of you and are sending our deepest sympathy.
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LO

Love, Daria and Owen

Posted at 03:06pm
We were so sorry to hear about your dad. We're thinking about you and your family during this difficult time.
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SP

Shelly Patrick

Posted at 01:09pm
Dear Lyski Family, Will always treasure the memories of Mr. Lyski laughing with the girls in the kitchen through all our silliness. All my love,
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Shelly Patrick purchased flowers for the family of Wayne Lyski. Send Flowers

LA

Love, Andy and Cindy Aran

Posted at 07:49pm
Thinking of you and praying for your family. Wayne was a great man and will be missed by us and many others.

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