Lloyd Levitin
Encyclopedia
Professor Lloyd A. Levitin (born 1932) is an American
businessman, former business executive
, and currently professor
of clinical finance
and business
economics
at the University of Southern California
's Marshall School of Business
. He teaches financial analysis and valuation courses in the full-time MBA and undergraduate programs. He has published articles on corporate diversification and accountants' scope of liability for defective financial reports. He was simultaneously executive vice president
, treasurer
and chief financial officer
of Pacific Enterprises (now Sempra Energy
), as well as executive vice president
and chief financial officer
of the Southern California Gas
Company (wholly owned subsidiary of Pacific Enterprises). He has 31 years of experience in corporate management. Prior thereto, he was associate professor
of business
at San Francisco State University
. He also has a CPA certificate.
On June 6, 1996, he testified before the Committee on Banking, Housing, and Urban Affairs of the United States Senate
regarding the proposed Public Utility Holding Company Act of 1996, S. 1317.http://thomas.loc.gov/cgi-bin/cpquery/T?&report=sr365&dbname
His analysis of the financial health of Southern Pacific Rail Corporation
persuaded the United States Department of Justice
to permit the merger of Southern Pacific with Union Pacific in 1996. http://www.jurecon.com/news.htm
Education: J.D.
, University of San Francisco
(1961). MBA, University of Pennsylvania
, Wharton School of Finance and Commerce (1956). B.S. in Accounting, University of California
(1954).
He is married to Sonia Levitin
, a novelist, and has two children, Daniel Levitin
and Shari Levitin. He and his wife are among the founders of the Moraga Historical Society.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
businessman, former business executive
Executive officer
An executive officer is generally a person responsible for running an organization, although the exact nature of the role varies depending on the organization.-Administrative law:...
, and currently professor
Professor
A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank...
of clinical finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
and business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
at the University of Southern California
University of Southern California
The University of Southern California is a private, not-for-profit, nonsectarian, research university located in Los Angeles, California, United States. USC was founded in 1880, making it California's oldest private research university...
's Marshall School of Business
Marshall School of Business
The USC Marshall School of Business is a private research and academic institution at the University of Southern California. It is the largest of USC's 17 professional schools. The current Dean is James G. Ellis. In 1997 the school was renamed following a US$35 million donation from alumnus Gordon S...
. He teaches financial analysis and valuation courses in the full-time MBA and undergraduate programs. He has published articles on corporate diversification and accountants' scope of liability for defective financial reports. He was simultaneously executive vice president
Vice president
A vice president is an officer in government or business who is below a president in rank. The name comes from the Latin vice meaning 'in place of'. In some countries, the vice president is called the deputy president...
, treasurer
Treasurer
A treasurer is the person responsible for running the treasury of an organization. The adjective for a treasurer is normally "tresorial". The adjective "treasurial" normally means pertaining to a treasury, rather than the treasurer.-Government:...
and chief financial officer
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
of Pacific Enterprises (now Sempra Energy
Sempra Energy
Sempra Energy is a Fortune 500 energy services holding company based in San Diego, California. It divides its interests into two broad categories: Sempra Utilities, including Pacific Enterprises/Southern California Gas Company and San Diego Gas & Electric; and Sempra Global, a holding company for...
), as well as executive vice president
Vice president
A vice president is an officer in government or business who is below a president in rank. The name comes from the Latin vice meaning 'in place of'. In some countries, the vice president is called the deputy president...
and chief financial officer
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
of the Southern California Gas
Southern California Gas
Southern California Gas Company is the primary provider of natural gas to the region of Southern California. Its headquarters are located in Downtown Los Angeles.-Competition:...
Company (wholly owned subsidiary of Pacific Enterprises). He has 31 years of experience in corporate management. Prior thereto, he was associate professor
Professor
A professor is a scholarly teacher; the precise meaning of the term varies by country. Literally, professor derives from Latin as a "person who professes" being usually an expert in arts or sciences; a teacher of high rank...
of business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
at San Francisco State University
San Francisco State University
San Francisco State University is a public university located in San Francisco, California. As part of the 23-campus California State University system, the university offers over 100 areas of study from nine academic colleges...
. He also has a CPA certificate.
On June 6, 1996, he testified before the Committee on Banking, Housing, and Urban Affairs of the United States Senate
United States Senate
The United States Senate is the upper house of the bicameral legislature of the United States, and together with the United States House of Representatives comprises the United States Congress. The composition and powers of the Senate are established in Article One of the U.S. Constitution. Each...
regarding the proposed Public Utility Holding Company Act of 1996, S. 1317.http://thomas.loc.gov/cgi-bin/cpquery/T?&report=sr365&dbname
His analysis of the financial health of Southern Pacific Rail Corporation
Southern Pacific Railroad
The Southern Pacific Transportation Company , earlier Southern Pacific Railroad and Southern Pacific Company, and usually simply called the Southern Pacific or Espee, was an American railroad....
persuaded the United States Department of Justice
United States Department of Justice
The United States Department of Justice , is the United States federal executive department responsible for the enforcement of the law and administration of justice, equivalent to the justice or interior ministries of other countries.The Department is led by the Attorney General, who is nominated...
to permit the merger of Southern Pacific with Union Pacific in 1996. http://www.jurecon.com/news.htm
Education: J.D.
Juris Doctor
Juris Doctor is a professional doctorate and first professional graduate degree in law.The degree was first awarded by Harvard University in the United States in the late 19th century and was created as a modern version of the old European doctor of law degree Juris Doctor (see etymology and...
, University of San Francisco
University of San Francisco
The University of San Francisco , is a private, Jesuit/Catholic university located in San Francisco, California. Founded in 1855, USF was established as the first university in San Francisco. It is the second oldest institution for higher learning in California and the tenth-oldest university of...
(1961). MBA, University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
, Wharton School of Finance and Commerce (1956). B.S. in Accounting, University of California
University of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...
(1954).
He is married to Sonia Levitin
Sonia Levitin
Sonia Levitin is an award-winning novelist and author of over forty novels and picture books for young adults and children, as well as published essays on various topics for adults...
, a novelist, and has two children, Daniel Levitin
Daniel Levitin
Professor Daniel J. Levitin, Ph.D. is a prominent American cognitive psychologist, neuroscientist, record producer, musician, and writer...
and Shari Levitin. He and his wife are among the founders of the Moraga Historical Society.