David S. Loeb
David S. Loeb | |
|---|---|
| Born | Template:Birth date |
| Died | June 30, 2003 (aged 79) |
| Occupation | Businessman |
| Known for | Co-founder of Countrywide Financial Corp and IndyMac Bank |
David S. Loeb (January 19, 1924 – June 30, 2003) co-established both Countrywide Financial Corp and IndyMac Bank alongside his longtime collaborator Angelo Mozilo. He held the roles of President and Chairman at Countrywide from 1969 until 2000, and served as Chairman of IndyMac from its inception in 1985 until his retirement in 2003.
A 1943 graduate of the Maine Maritime Academy with a bachelor's degree in nautical science, Loeb later contributed as a member of its Board of Trustees. He was a patron of the Academy's Loeb-Sullivan School of International Business and Logistics and was honored with an honorary doctorate in 2002. Following his service as a navigator in the Merchant Marines during World War II, he completed a bachelor's degree in accounting at New York University in 1951. Additionally, Loeb funded a Finance Professorship at NYU's Stern School of Business.
Beyond his financial ventures, Loeb engaged in real estate development through Wingfield Nevada Group/Loeb Enterprises, LLC, with a significant project being the creation of Wingfield Springs, a 1,350-acre planned community located in Sparks, Nevada.
He passed away at age 79 at his residence in Wingfield Springs and is survived by his wife Ingrid Heidi Loeb, three daughters, and one stepson.