University of Southern California

Marshall Leader to Chair L.A. County Development Organization
Lloyd Greif, Chairman of the Advisory Council of the Lloyd Greif Center for Entrepreneurial Studies at Marshall, Elected Chairman of LAEDC
April 28, 2009 • by News at Marshall

The Board of Directors of the Los Angeles County Economic Development Corporation today announced the election of Lloyd Greif as the new chairman of the Los Angeles County Economic Development Corporation, a private, non-profit organization whose mission is to attract, retain, and grow businesses and jobs in the regions of L.A. County.

"The Los Angeles County Economic Development Corporation is integral to the economic health of Los Angeles County and I am privileged to be entrusted with leading the Board," said Greif, in an Los Angeles County Economic Development Corporation release. "I am a Los Angeles native who has resided here continuously my entire life--I have a long-running love affair with southern California. During the past half-century, I have witnessed the region rebound from numerous recessions. The next year will be characterized by challenges, but L.A. County is the entrepreneurial capital of the world and I am confident we will weather the current economic storm in great shape. Don't underestimate the resilience and perseverance of the entrepreneurial spirit!"

Greif has served as a member of the LAEDC's Board of Directors since 2000 and chair of its Finance Committee since 2003. His previous civic involvement includes serving on the board of the New Los Angeles Marketing Partnership created by then-mayor Richard Riordan.

"Lloyd Greif is uniquely qualified for this leadership position," said Thomas J. O'Malia, Director, Lloyd Greif Center for Entrepreneurial Studies and Kinko's Director Chair in Entrepreneurship at the USC Marshall School of Business. "Los Angeles is one of the great centers for entrepreneurship and it's the door to the Asian Continent. Lloyd has many years of experience in both of these arenas, as well as a great depth of knowledge about the county's key economic issues."

Greif founded Greif & Co., a leading purveyor of merger & acquisition and corporate finance advisory services to middle-market growth companies, in 1992 following a successful, decade-long investment banking career as vice chairman of Sutro & Co. Incorporated, the oldest investment banking firm in the West, where he was head of investment banking and a member of the five-person Management Committee that ran the firm. Previously, he was a management consultant with Touche, Ross & Co.

Greif is chairman of the Advisory Council of the Lloyd Greif Center for Entrepreneurial Studies at USC's Marshall School of Business, and a member of the Executive Committee and Board of Directors of the Los Angeles Police Foundation, USC Marshall’s Board of Leaders, the Board of Directors of USC Associates and the Board of Overseers of Loyola Law School, among numerous other accolades and affiliations.

He has also been recognized by numerous organizations for his leadership. In 2002, he received the Rabbi Edgar F. Magnin God & Country Exemplar Award from the Boy Scouts of America, in 2000 received the Corporate Excellence Award from Loyola Law School and in 1999 received a commendation from the City of Los Angeles for his "dedication and outstanding contributions to the Los Angeles community."

About the Los Angeles County Economic Development Corporation: The LAEDC, the region's premier business leadership organization, is a private, non-profit organization established in 1981 under section 501(c)(3). Its mission is to attract, retain, and grow business and jobs for the regions of Los Angeles County. Since 1996, the Los Angeles County Economic Development Corporation has helped retain or attract more than 151,942 jobs, providing $7.5 billion in direct economic impact from salaries and $127 million in annual tax revenue benefit to local governments and education in Los Angeles County. Visit www.laedc.org or call (888) 4-LAEDC-1.


About the USC Marshall School of Business
Consistently ranked among the nation's premier schools, USC Marshall is internationally recognized for its emphasis on entrepreneurship and innovation, social responsibility and path-breaking research. Located in the heart of Los Angeles, one of the world's leading business centers and the U.S. gateway to the Pacific Rim, Marshall offers its 5,700-plus undergraduate and graduate students a unique world view and impressive global experiential opportunities. With an alumni community spanning 123 countries, USC Marshall students join a worldwide community of thought leaders who are redefining the way business works.