The Gerald Loeb Awards were established in 1957 by the late Gerald Loeb, a founding partner of E.F. Hutton. His intention was to encourage reporting on business and finance that would inform and protect the private investor and the general public. As the most prestigious honor in business journalism, distinguished journalists and outlets nationwide submit entries to the competition.
UCLA Anderson has been presenting The Gerald Loeb Awards since 1973 and the awards use a two-tier judging process comprising a preliminary round and final round. 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) non-profit organization that operates primarily from sponsorship and private support.