News Organizations and Titles: Columnist, CBS MarketWatch.com and Quicken.com, July 1999-present; editor, Columbia Journalism Review, 1996-99. In 30 years at Time Inc. &emdash; editor at large/columnist, Fortune, 1994-96; managing editor, Fortune, 1986-94; deputy editor in chief, Time Inc., 1985-86; editor of development group, Time Inc., 1984-85; managing editor, Money, 1980-84; various posts at Time magazine, including political and economics writer, business editor, national editor and economics editor, 1956-80; reporter, St. Louis Globe Democrat, 1955-56; correspondent, UPI Frankfurt, 1952-54.
Legacy: During his tenure, both Money and Fortune flourished, with Money becoming the country's fastest-growing magazine. Mr. Loeb aimed Money at people who want to be well off and enjoy the good life through intelligent personal money management.
He has earned almost every major award in U.S. business journalism. Fiercely proud to be a part of Time Inc., Mr. Loeb saw the corporate world as "the greatest unreported area in America" and proceeded to direct Fortune to new levels of business coverage. He insisted upon excellence from staffers, and was intensely loyal to them in return.
At a party upon Mr. Loeb's taking over at Money, George Church, a veteran Time business writer and amateur poet, clued in the Money staff about what to expect from their new boss: "Do your best. Marshall's at his desk."
Personal: Born May 30, 1929, in Chicago. He is a former president of the American Society of Magazine Editors, a former vice president and director of the British American Chamber of Commerce, a former director and treasurer of the Overseas Press Club, and has been a member of the Council on Foreign Relations. He serves also as chairman of the Knight-Bagehot Fellowship Board of Advisors.
Family: Wife, Peggy; son, Michael; and daughter, Margaret.
Awards:University of Missouri award, 1967; Gerald Loeb (no relation) award, 1974; John Hancock Award, 1974; Freedom Foundation Award, 1978; Sigma Delta Chi of NY Citation, 1979; Champion Media Award, 1981; National Magazine Award, 1988; Gerald Loeb Lifetime Achievement Award, 1996; SABEW Distinguished Achievement Award, 1998.
Books: He has authored or co-authored 16 books, including "Marshall Loeb's Money Guide," "Plunging Into Politics" and "Marshall Loeb's Lifetime Financial Strategies."
Education: University of Missouri School of Journalism, 1950. Graduate work at the University of Goettingen in Germany, 1951-52.
What he has said about himself: "I believe it's a calling," he said of journalism. "I'm proud when colleagues critically analyze issues and help people make informed decisions, when we burst certain balloons, when we expose the phony and the dangerous, and when we find, if not the solutions, the steps to solutions."
Home run stories or accomplishments: When he took over at Money, the publication was still unprofitable after eight years on newsstands. In less than four years under his leadership, the magazine turned a $15 million profit. During his first year as managing editor of Fortune, the magazine won the National Magazine Award for general excellence.
What others have said about him: Former SABEW President Henry Dubroff: "Marshall Loeb has distinguished himself in a lifetime of magazine work at Fortune and Money. He was early to understand the importance that personal finance had to the average person in America."