Paul B. Loyd, Jr. & Penny Requa Loyd

Loyd Commons was named for Paul B. Loyd, Jr. (’68) and his wife Penny Requa Loyd for their generous $5 million gift for the new residential commons buildings. The gift was announced during the Founders Day Celebration in April 2012. SMU has benefited in countless ways from the long-standing support of Penny and Paul Loyd, Jr. Their contributions have impacted areas across the University, including athletics, student programs and scholarship support. 

Mr. Loyd earned a B.B.A. degree from SMU and was an active member of Sigma Alpha Epsilon fraternity. He later earned an M.B.A. degree from the Harvard Graduate School of Business. While at SMU he was elected captain of the varsity football team and was a member of the 1966 Southwest Conference Championship team. Mr. Loyd has received Distinguished Alumni Awards from SMU and the Cox School of Business. He is founder and principal of a private investment firm in Houston, past chairman and CEO of R&B Falcon Corporation, founder of Carrizo Oil and Gas Corporation and co-founder of JVL Advisors.

Mrs. Loyd, a civic leader and community volunteer, graduated from St. Louis University and worked with several public and private organizations in the United States and abroad. Her extensive career includes positions in banking, computer analysis, insurance and foreign service in developing countries.

Through both their philanthropy and service, Mr. and Mrs. Loyd are involved with numerous organizations in their home community of Houston and beyond, many of which benefit youth and the arts. Together they head The Loyd Charitable Foundation. The couple has five children: Christie, Kelly, Jessica, Matthew and Sarah. Continuing the family’s legacy at SMU, Kelly ’96, Jessica ’08, ’09 and Sarah ’12 earned degrees at SMU.

The Loyds’ involvement at SMU includes Mr. Loyd’s service as a member of the Board of Trustees, and both Mr. and Mrs. Loyd serve on several University boards and committees. The Loyds received the Mustang Award in 1999 in recognition of their remarkable philanthropic support of SMU.

In 2012, Mr. and Mrs. Loyd provided a leadership gift for a new Residential Commons facility. Fittingly, the building is located near Ford Stadium, the home of SMU football and the Paul B. Loyd, Jr. All-Sports Center. These campus landmarks are a testament to the Loyds’ ongoing commitment to the many facets of the SMU educational experience. SMU is honored to name Loyd Commons in recognition of their continued generosity.

Penny & Paul are very active with Loyd Commons. They are seen at almost every Loyd Banquet and contribute much to the Loyd member experience.