The annual Gerald Loeb Awards, established in in 1957 by the late Gerald Loeb, a founding partner of E.F. Hutton, are the most prestigious honors in business journalism. The two-tier judging process, comprising a preliminary round and final round, launched today at UCLA Anderson, which has presented the Loeb Awards since 1973.
Loeb’s intention in founding the awards was to encourage reporting on business and finance that would inform and protect the private investor and the general public. A committee of preliminary judges, consisting of business, financial and economic journalists and Anderson faculty, is assigned to each competition category. Today they are sequestered in breakout pods at Rosenfeld Library to narrow down submissions from across the nation.
Judges this year have commented on the tough choices they’ll have to make in certain key categories, which range from beat reporting to international, and also include lifetime and career achievement recognition. In 2015, all competition categories are classified “platform-neutral” and encourage submissions in all journalistic forms and in any combination of forms — broadcast (video and audio), digital, print, still photography, graphics/data visualization and social media. The previous platform-specific categories have been replaced with the new Feature and Local categories.
A diverse and distinguished panel of final judges, representing major print, broadcast and online outlets, meets and selects the winner in each category from among finalists submitted by the preliminary judges. The awards banquet and celebration is held in New York City every June and is attended by the country's top business and financial publishers, editors, journalists, producers and celebrities. The Gerald Loeb Awards is a 501(3)(c) nonprofit organization that operates primarily on sponsorship and private support.
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