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Matrix CEO Killed in Car Crash

PORT JEFFERSON STATION, NY—Glen Nelson, 48, was founder and chair of the firm, which holds several office buildings and a large portfolio of residential properties.

By Rayna Katz | Updated on December 23, 2015

PORT JEFFERSON STATION, NY—The Matrix Group has confirmed to GlobeSt.com reports that its founder, chair and CEO Glen Nelson was killed this past weekend in a car accident. The 48-year-old allegedly was driving his Lamborghini Murcielago in his home town of the Port Jefferson, on Long Island, when it swerved off the road and slammed into a utility pole, according to the Real Deal. A statement by the firm notes that Nelson wasn’t speeding at the time of the accident.

Based here, the company’s holdings include office properties on Long Island, in Connecticut and Alabama, along with a host of residential communities. Matrix has appointed attorney Enrico Scarda—Nelson’s friend and business partner, as well as a seasoned real estate professional—as acting CEO.

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