Business & Government Service
Mr. Loeb joined Loeb, Rhoades & Company of New York City in 1956. He was a general partner from 1959–1973 and was then a limited partner until the firm’s 1979 acquisition by Shearson Hayden Stone.
In 1956, he began a rotation between Loeb, Rhoades’ departments and gained a generalist’s overview of the operation of the firm. He then moved to Emerging Markets and helping to build business in the area of international debt securities.
In real estate he worked with William P. Carey to bring real estate sales/leaseback transactions to the firm. He also worked with Joseph S. Lesser to form Loeb Partners Realty LLC, managing investments in real estate to enhance the value of properties through intensive asset management.
Through the years, Loeb has served as director and/or chairman on the boards of:
- Holly Sugar Corporation (Colorado), Chairman of the Board, 1969-1971.A Colorado-based sugar beet processor, acquired by Imperial Sugar in 1988.
- John Morrell & Company, Director, 1958-1962. Today,The John Morrell Food Group provides consumer meat products regionally and nationally. Their brands include Armour, Kreischmar, Krakus, and John Morrell.
- Denver and Rio Grande Western Railroad, Director, 1967-1970; Rio Grande Industries, Director, 1969-1970. The assets of this historic railroad were acquired by Southern Pacific Rail Corporation and then by Union Pacific in 1998.
- Metro-Goldwyn-Mayer, Director, 1968-1969. MGM is an American media company now owned by MGM Holdings, Inc., Beverly Hills, CA.
- The American Star Insurance Company, Inc., San Francisco, CA, Director, 1959-1970. American Star wrote commercial multi-peril, property, auto, liability, and surety business until 1992, when the company was liquidated.
On 30 July 1981, President Ronald Reagan appointed Mr. Loeb to the post of United States Ambassador Extraordinary and Plenipotentiary to Denmark. He served in this post until Sept 1983. Upon his return to the United States, he was appointed a Delegate to the 38th session of United Nations.
He has also served as special adviser to Governor Nelson A. Rockefeller on environmental matters (1967–1973) and was chairman of the New York State Council on Environmental Advisors (1970–1975). He was on the Advisory Council of New York State’s Joint Legislative Committee on Matrimonial and Family Laws, helping to modernize New York’s antiquated divorce laws.
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Public Service Posts
Ambassador of the United States of America to the Kingdom of Denmark, September 1981-October 1983.
United States Delegate to the 38th Session of the United Nations General Assembly, September 1983-December 1983.
Council of American Ambassadors, Board of Directors, 1994-present.; Vice Chairman, 1999-present.
Advisory Committee to Mrs. Elizabeth Dole, President, American Red Cross, 1992-1998.
Special Advisor to Governor Nelson A. Rockefeller on Environmental Matters, 1967-1973.
Governor’s New York State Council of Environmental Advisors, Chairman, 1970-1975.
United Nations Conference on the Environment, June 1972.
Keep New York State Clean Program, Chairman, 1971-1975.
Delegate, Republican National Convention, 1992.
Alternate Delegate, Republican National Convention, 1966, 1988.
Advisory Council, Joint Legislative Committee on Matrimonial and Family Laws, State of New York, Member, 1966.
National Committee on American Foreign Policy, Director and Member of Executive Committee, 1979-1990.