About the Loeb Awards
The Gerald Loeb Awards were established in 1957 by the late Gerald Loeb, a founding partner of E.F. Hutton. Loeb created the awards to encourage and support reporting on business and finance that would inform and protect the private investor and the general public. Journalists and media outlets nationwide submit entries to compete for the Loeb Awards, the most prestigious honor in business journalism. In 1973, Loeb appointed UCLA Anderson the steward of the G. and R. Loeb Foundation. The Dean of UCLA Anderson chairs the award’s final judging committee of leading journalists, news executives and academics. The awards use a two-tier judging process comprising a preliminary round (in Los Angeles) and final round (in New York City). The awards banquet and celebration is held in New York City every June and is attended by the country's most influential journalists, editors, publishers, producers, and media personalities. The foundation is a 501(c)(3) nonprofit organization that operates primarily from sponsorship and private support.
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About Gerald M. Loeb
Gerald Martin Loeb was born in 1899 in San Francisco, California. He began his career in 1921, in the bond department of a securities firm. He moved to New York City in 1924 to help establish E.F. Hutton and eventually ascended to vice-chairman of the board. During Gerald Loeb’s career, he was a favorite of business and financial journalists for his willingness to be interviewed and was described as “probably the most quoted man on Wall Street” (Forbes Magazine 1955). He was also an author of two investment strategy books, a guest columnist for Forbes Magazine and widely considered a Wall Street icon. In 1957, he established the G. and R. Loeb Foundation (under stewardship of the University of Connecticut) to present The Gerald Loeb Awards for Distinguished Business and Financial Journalism. In 1973, Mr. Loeb transferred the stewardship of the awards to UCLA Anderson School of Management under the deanship of Harold Williams.