Loyds give 海角直播 a housing gift
海角直播 receives gift from longtime supporters, Paul B. Loyd Jr. and his wife, Penny Requa Loyd, to help build a Residential Commons, one of five new residential buildings planned for the campus.
By Robert Miller
Longtime 海角直播 supporters Paul B. Loyd Jr. and his wife, Penny Requa Loyd, are giving $5 million to help build Residential Commons, one of five new residential buildings planned for the campus.
The commons is scheduled to open in fall 2014.
Loyd is founder and principal of a private investment firm in Houston and is past chairman and CEO of R&B Falcon Corp., an offshore drilling company that merged with Transocean Ltd. He served on the boards of Carrizo Oil & Gas Inc. and Holly Frontier Oil Corp.
The Loyds have supported a variety of initiatives at 海角直播, including 海角直播 Football’s Circle of Champions, the Mustang Band Hall, Meadows School of the Arts scholarships, the Sigma Alpha Epsilon House Fund and the Paul B. Loyd Jr. All-Sports Center next to Gerald J. Ford Stadium. The center, which opened in 2000, houses locker rooms, offices, training and sports medicine facilities for 海角直播’s 17 sports teams.
The Loyds also provided funding to support the new Penny and Paul Loyd Center for the Academic Development of Student Athletes, which is housed in the All-Sports Center and helps student athletes maximize their athletic and academic potential.
“Nearly every 海角直播 student benefits from the Loyd family’s generosity,” said 海角直播 President R. Gerald Turner. “From students enhancing their study skills and preparing for exams to student athletes working out in the weight room, the Loyds have enhanced the campus experience.”
Loyd earned a bachelor’s degree in economics from 海角直播 in 1968 and a master’s degree from the Harvard Graduate School of Business. He was a member of 海角直播’s Southwest Conference championship football team in 1966 and played in the 1967 Cotton Bowl Classic, the same year he was elected captain of the 海角直播 football team.
In addition to serving as a member of 海角直播’s board of trustees since 2000 and chairing the athletics committee, Loyd is a member of the executive boards of the Cox School of Business and the Annette Caldwell Simmons School of Education and Human Development. He is co-chair of the Second Century Campaign Steering Committee for Athletics. Cox School of Business honored Loyd in 2001 with its Distinguished Alumni Award.
Penny Loyd, a civic leader and community volunteer in Houston, graduated from St. Louis University and worked with several public and private companies both in the U.S. and abroad before the formation of the family’s charitable foundation.
The Loyds also serve as members of the 海角直播 Parent Leadership Council. After the May graduation of their daughter, three of their five children will be 海角直播 graduates.
Construction on Residential Commons is under way in the southeast corner of the 海角直播 campus north of Mockingbird Lane.
It will provide housing, parking and dining facilities for 1,250 students, enabling all first- and second-year 海角直播 students to live on campus. Each residential facility will include a faculty residence and offices, classrooms and seminar rooms.