David S. Loeb | |
|---|---|
| Born | January 19, 1924 |
| Died | June 30, 2003 (aged 79) Sparks, Nevada, U.S. |
| Nationality | American |
| Education | Maine Maritime Academy New York University |
| Occupations |
|
| Spouse | Ingrid Heidi Loeb |
| Children | 3 biological, 1 stepchild |
David S. Loeb (January 19, 1924 – June 30, 2003[1]) was the co-founder of both Countrywide Financial Corp and IndyMac Bank along with former protégé and longtime business partner Angelo Mozilo.[2][3] Loeb served as President and Chairman of Countrywide from 1969 to 2000 and Chairman of IndyMac from its 1985 inception until his retirement in 2003.[4]
Loeb graduated in 1943 from the Maine Maritime Academy with a bachelor's degree in nautical science and later served on the Academy's Board of Trustees. He was a benefactor of the Academy's Loeb-Sullivan School of International Business and Logistics. Maine Maritime awarded him an honorary doctorate in 2002. Loeb served as a navigator in the Merchant Marines during World War II. He received a bachelor's degree in accounting from New York University in 1951 and served on the Board of Overseers of the NYU/Stern School of Business where he endowed a Professorship in Finance.[5]
David Loeb was also active in real estate development. His Wingfield Nevada Group/Loeb Enterprises, LLC developed planned communities including a 1,350-acre (5.5 km2) development in Sparks, Nevada, called Wingfield Springs.[6][7]
Loeb died on June 30, 2003, at the age of 79 in his home at the Wingfield Springs community of Sparks, Nevada.[8][9] He is survived by his wife Ingrid Heidi Loeb; three daughters, Tracey Loeb, Heidi Loeb and Wendy Lumsden; and a stepson, Nicholas Casini.[9]
References
[edit]- ^ "United States Social Security Death Index". FamilySearch. Retrieved 18 July 2016.
- ^ Countrywide Branches Out Beyond Mortgages, Forbes, April 16, 2004
- ^ Countrywide co-founder David Loeb dies, bizjournals.com, July 2, 2003
- ^ IndyMac Announces the Retirement of Founding Chairman David S. Loeb, February 11, 2003
- ^ Countrywide Mourns Passing of Co-Founder David Loeb, July 2, 2003
- ^ "David Loeb, 79; Founded Mortgage Banking Firms". Los Angeles Times. 2003-07-03. Archived from the original on 2025-02-14. Retrieved 2025-07-15.
- ^ "On Writ of Certiorari to the Supreme Court of Nevada" (PDF). ethics.nv.gov. Archived from the original (PDF) on 2025-07-15. Retrieved 2025-07-15.
- ^ David S. Loeb, Former Chairman of IndyMac Bancorp, Inc., Passes Away, Businesswire, July 2, 2003
- ^ a b Obituary, New York Times, July 6, 2003
External links
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