University of Southern California

Office of the President

C. L. Max Nikias

USC honored as engine of development for Los Angeles

Honorees of the 2013 LAEDC "Eddy" Awards

Lew Horne, LAEDC chair; Bret Johnson, USC alumnus and CFO of SpaceX; Niki C. Nikias; USC President C. L. Max Nikias; Korean Air Chairman and USC alumnus and Trustee Y.H. Cho; and Bill Allen, LAEDC president.

The L.A. Economic Development Corporation honored USC with the 2013 “Eddy” Award for its contributions as a leading research organization, its role as the largest private employer in Los Angeles, and its recent successful bid for approval of the USC Village redevelopment — the largest economic development project to be proposed in South Los Angeles.

Bill Allen, LAEDC CEO, commended USC’s vision to bolster and energize the region’s economy.

“USC is an anchor institution in Los Angeles, a global center for arts, technology, and international business which generates significant intellectual and profitable capital.”

USC’s vast intellectual enterprise spans key industries that bolster the economic growth of Los Angeles. Among them are the patient care and research of Keck Medical Center of USC, and state of the art research centers in technology, digital innovation, and entrepreneurship.

Also honored that evening was USC Trustee and alumnus Y.H. Cho, chairman of Korean Air, and SpaceX, the technology giant of the Southland that was represented by CFO and USC alumnus, Bret Johnson.

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