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2019 Sally Awards Honorees
Joan A. Payden
Founder, President & CEO
Payden & Rygel
Joan A. Payden, CFA®, is the President and Chief Executive Officer of Payden & Rygel, the global investment management firm that she founded in 1983. Payden has overseen the firm’s international expansion and its growth to more than $112 billion in assets under management. In 1992 the firm launched Payden & Rygel Investment Group, a family of mutual funds, of which she is Chairman and Chief Executive Officer. Subsequently, many of these strategies were duplicated in UCITS funds domiciled in Ireland. In 1998 Payden & Rygel Global Ltd. was founded in London. At the same time, the firm established Metzler/Payden LLC, its joint venture with Metzler Bank, Germany’s oldest private bank. Joan serves on the UCLA Anderson School board of advisors and is a trustee of the University of Southern California and Loyola Marymount University.
She is also a member of the board of the Town Hall of Los Angeles, the Los Angeles Sports Council, the California Chamber of Commerce, and the Natural History Museum of Los Angeles. She is past Chairman of the Investment Counsel Association of America.
Joan A. Payden holds the Chartered Financial Analyst® designation. She is a graduate of the Advanced Management Program at Harvard Business School and earned a BA from Trinity Washington University in Mathematics and Physics.
Judge Harry Pregerson Award
Mayor Eric Garcetti
Mayor Eric Garcetti is a fourth-generation Angeleno and the 42nd Mayor of Los Angeles. Born and raised in the San Fernando Valley — the son of public servants and the grandson and great-grandson of immigrants from Mexico and Eastern Europe — Mayor Garcetti’s life has been shaped by a deep commitment to the core values of justice, dignity, and equality for all people.
These ideals have fueled the Mayor’s relentless drive to fulfill our common obligation: to give children and families of every race, faith, background, and income the chance to get a good education, live on safe streets, earn a decent wage, breathe clean air and drink clean water, receive affordable medical and child care, and build a future of their own choosing.
Angelenos are experiencing the remarkable results of his vision and leadership: the Mayor led and won a campaign to pass the boldest local infrastructure initiative in American history, funding a once-in-a-generation expansion of public transportation. He launched the L.A. College Promise, the most ambitious higher education access program in the nation — serving more than 9,000 students, many of whom are overcoming poverty and are the first in their families to pursue the dream of higher education.
He is confronting a homelessness crisis by leading an unprecedented regional alliance committed to getting people off the streets and ending chronic homelessness. He put more money in workers’ pockets by raising the minimum wage to $15 an hour, and cut business taxes to help drive a historic economic recovery that has created a record number of jobs in legacy industries like entertainment and aerospace. And in 2018, he formed a historic partnership with the philanthropic sector to refurbish nearly 350 athletic courts across the city — to support his plan for universal sports and fitness programs that are both free and local for all children in Los Angeles.
The Mayor’s government service began on the L.A. City Council, where he spent four terms as Council President before being elected Mayor in 2013 and winning re-election in 2017 by the widest margin in the history of Los Angeles. Beyond his time at City Hall, Mayor Garcetti has served his country as an intelligence officer in the United States Navy Reserve and taught at the University of Southern California and Occidental College.
The Mayor received his B.A. and M.A. from Columbia University, and studied as a Rhodes Scholar at Oxford University, and later at the London School of Economics. He is also a jazz pianist and photographer. He and his wife, First Lady Amy Elaine Wakeland, are the proud parents of a daughter, Maya, and have been foster parents for more than a decade.