Gerald Loeb Awards

June 26, 2012

UCLA Anderson Announces 2012 Gerald Loeb Award Winners

Lifetime Achievement Award goes to Jerry Seib and Winnie O'Kelley receives Lawrence Minard Editor Award

NEW YORK, NY -- Journalists from across the nation gathered tonight at Capitale for the 2012 Gerald Loeb Awards Banquet. The Gerald Loeb Awards are among the highest honors in journalism, recognizing the work of journalists whose contributions illuminate the world of business, finance and the economy for readers and viewers around the world.

Judy D. Olian, dean of UCLA Anderson School of Management and chairman of the G. and R. Loeb Foundation, welcomed Loeb Awards honorees and their guests. CNBC's Tyler Mathisen, vice president for strategic editorial initiatives and host of CNBC's Power Lunch, served as master of ceremonies.

The Gerald Loeb Awards includes two special awards for career contributions: the Lifetime Achievement Award, which was presented to Jerry Seib, deputy managing editor and Washington bureau chief of The Wall Street Journal, and the Lawrence Minard Editor Award, which went to Winnie O'Kelley, deputy business editor of The New York Times. In addition, winners of 13 competition categories were named at the banquet. Following is a list of the 2012 Loeb Award recipients.

Large Newspapers Winner
Ken Bensinger of Los Angeles Times for "Wheels of Fortune"

Medium & Small Newspapers Winners
Raquel Rutledge, Rick Barrett, John Diedrich, Ben Poston and Mike de Sisti of Milwaukee Journal Sentinel for "Shattered Trust"

Spencer Soper and Scott Kraus of The Morning Call for "Inside Amazon's Warehouse"

Magazines Winners
Peter Elkind, Jennifer Reingold and Doris Burke of Fortune for "Inside Pfizer's Palace Coup"

Commentary Winners
Zanny Minton Beddoes, Edward Carr, John Peet, Patrick Foulis and John O'Sullivan of The Economist for "Euro Zone"

Breaking News Winners
Brent Snavely, Greg Gardner and Chrissie Thompson of Detroit Free Press for "GM-UAW Contract Negotiations"

Beat Reporting Winner
John Fauber of Milwaukee Journal Sentinel for "'Side Effects' Beat Reporting"

News Services Winner
Brian Grow, Kelly Carr, Laurence Fletcher, Nanette Byrnes, Matthew Bigg, Joshua Schneyer, Cynthia Johnston and Sara Ledwith of Reuters for "Shell Games"

Explanatory Winners
Scott Pelley, Robert G. Anderson, Daniel Ruetenik, Robert J. Shattuck and Nicole Young of CBS News 60 Minutes for "The Next Housing Shock"

Online Enterprise Winners
Mark Maremont, Tom McGinty, Jon Keegan, Palani Kumanan, Sarah Slobin and Neil King Jr. of The Wall Street Journal for "Jet Tracker"

Blogging Winner
Felix Salmon of Reuters for "Felix Salmon's Blog"

Personal Finance Winners
Penelope Wang, Kim Clark and Lisa Gibbs of Money for "'Protecting Your Parents' Series"

Broadcast Enterprise Winners
Laura Sydell and Alex Blumberg of NPR and This American Life for "When Patents Attack"

Business Books Winner
Walter Isaacson for "Steve Jobs" published by Simon & Schuster

Business Books Honorable Mention
Abhijit V. Banerjee and Esther Duflo for "Poor Economics" published by PublicAffairs

The board of trustees of the G. and R. Loeb Foundation and UCLA Anderson wishes to thank all those who contributed to the success of the 2012 Gerald Loeb Awards. Elite Platinum Sponsor: Wells Fargo; Gold Sponsors: Bloomberg, The Wall Street Journal; Silver Sponsors: CBS News, Fleishman-Hillard, Fortune, Mesirow Financial, The New York Times, Reuters, The Washington Post, UBS, Union Pacific Railroad; Bronze Sponsor: ABC News; Loeb Associates: The Abernathy MacGregor Group, USA Today, NPR; Official Hotel: Thompson LES. For more information about the Loeb Awards, please visit the Loeb Awards website at

Loeb Awards Final Judges

  • Rafat Ali, CEO and Founder, Skift
  • Amanda Bennett, Executive Editor, Projects and Investigations, Bloomberg News
  • Matthew Bishop, New York Bureau Chief, The Economist
  • David Boardman, Executive Editor and Senior Vice President, The Seattle Times
  • Chrystia Freeland, Editor, Thomson Reuters Digital
  • John Hillkirk, Senior Editor, Investigations and National Enterprise, USA Today
  • Larry Kramer, President and Publisher, USA Today
  • Glenn Kramon, Assistant Managing Editor, The New York Times
  • Joanne Lipman, Adviser, Yahoo! Media / Executive Producer, NYPR
  • Davan Maharaj, Editor, Los Angeles Times
  • Tyler Mathisen, Co-anchor, CNBC's Power Lunch / Vice President for Strategic Editorial Initiatives, CNBC
  • Matt Murray, Deputy Managing Editor, International News and Money & Investing, The Wall Street Journal
  • Judy D. Olian, Dean, UCLA Anderson School of Management
  • Allan Sloan, Senior Editor-at-Large, Fortune
  • Russ Stanton, Vice President of Content, Southern California Public Radio
  • Paul Steiger, Editor-in-Chief, ProPublica
  • Gillian Tett, U.S. Managing Editor, Financial Times
  • Jonathan Wald, Executive Producer, Piers Morgan Tonight / Adjunct Professor, Columbia Graduate School of Journalism

About The Gerald Loeb Awards
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. Follow The Gerald Loeb Awards on Twitter at

About UCLA Anderson School of Management
UCLA Anderson School of Management is among the leading business schools in the world. UCLA Anderson faculty members are globally renowned for their teaching excellence and research in advancing management thinking. Each year, UCLA Anderson provides a distinctive approach to management education to more than 1,800 students enrolled in its MBA, Fully-Employed MBA, Executive MBA, Global Executive MBA for Asia Pacific, Global Executive MBA for the Americas, Master of Financial Engineering, doctoral and executive education programs. Combining selective admissions, varied and innovative learning programs, and a world-wide network of 37,000 alumni, UCLA Anderson develops and prepares global leaders. Follow UCLA Anderson on Twitter at, or on Facebook at

Contact Information

Jonathan Daillak, (310) 825-4478,

Media Relations