University of Southern California

Lloyd Greif Elected as Los Angeles Police Foundation Chair
Founding Donor will Work to Build Private Financial Support for the LAPD
August 15, 2011 • by News at Marshall

Lloyd Greif, president and CEO of Greif & Co., has been elected as the new chair of the Los Angeles Police Foundation Board of Directors. The foundation is the major source of private financial support for the LAPD, and to date has awarded more than $14 million in grants for new equipment and technology, officer training, youth programs, community outreach and other projects.

"With the city facing a dire fiscal crisis, and 96% of the city’s funding of the Police Department going to payroll, that leaves precious little left over to maintain LAPD’s state-of-the-art capabilities," said Greif. "That’s where the Police Foundation comes in, and that’s the challenge we will meet and exceed over the ensuing months and years as we step up our fundraising efforts for the Department."

Greif, a native of Los Angeles, joined the board of the police foundation and its program committee in January 2005. He is a widely respected investment banker who in 1992 founded Greif & Co., an investment banking firm that serves the corporate finance needs of entrepreneurially owned and operated, middle market growth companies. Greif is also the founding donor of the Lloyd Greif Center for Entrepreneurial Studies at the USC Marshall School of Business, where he received his MBA in 1979.

Greif has built Greif & Co. into one of the leading purveyors of merger and acquisition and corporate finance advisory services to companies based in the western United States. At the same time, he has shown a lifelong commitment to philanthropy and public service in Los Angeles, including his service as chairman of the city’s Business Tax Advisory Committee and as past chairman of the Board of Directors of the Los Angeles Economic Development Corporation. Greif is also a member of the Board of Directors of the California Chamber of Commerce, the Board of Leaders of the University of Southern California’s Marshall School of Business and the Board of Overseers of Loyola Law School.

Considering his business acumen and dedication to the community, the LAPD anticipates that Greif will successfully lead the foundation in its efforts to create partnerships that provide resources and programs to help the LAPD prevent crime, save lives and make Los Angeles a better and safer place to live, work and visit.

"Given the profound budget cuts the department has experienced and the impact it will have on our communities, the need for the police foundation as the major source of private financial support for the LAPD has never been greater," said Chief of Police Charlie Beck. "Lloyd’s capable leadership will be an essential part of ensuring the police foundation remains an integral stronghold in the success of the department."

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.