Page 1 - Cal Delta Spotlight - Summer 2017
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Cal Delta Spotlight







                             USC House Corporation of Phi Delta Theta  |  Summer 2017  |  University of Southern California
                               Alumni Office  |  P.O. Box 80828, Atlanta, Georgia 30366  |  www.phideltatheta-caldelta.com

           USC House                        Alumni Spotlight:         William Bedford ’57

          Corporation


        A Word From Our President                       A Continuing Legacy of Generosity
                        ith every new year   Editor’s Note: For this edition of the newsletter,
                  Wcomes a renewed          we’re  shining  the  Spotlight  on  Brother  Bill
                  sense of purpose and      Bedford ’57. From his hometown of Los
                  vision. As Bruce Buettell   Angeles,  Bill  earned  his  degree in  business  at
                                            USC. He is one of the indispensable alumni of
                  ’82 mentioned in the      Cal Delta, without whom our beautiful chapter
                  previous  edition,  the   house might not be what it is today. As an
                  House Corporation has     active member, he was president of the chapter,
    added some fantastic talent and is looking   and later became our House Corporation
    forward to a bright future for California   president for almost a decade. Since the 1950s,
    Delta.                                  Bill was active in organizing alumni events,
      The House Corporation kicked off the   including golf  weekenders  known  as Hackers
    year with a visioning session in February,   Invitational,  where alumni from the 1950s
    focused on determining strategic objectives   would gather to catch up and trade stories. The Hackers became an annual event for many
    with the next five years in mind. We    years. Currently retired as senior vice president with Private Asset Management, Bill is enjoying
    converged on three priorities: increased   time with family. He and his wife Patricia have been married for 26 years, and between them they
                                            have four daughters, two sons and 11 grandchildren.
    chapter transparency and communication,
    stronger  focus  on  alumni  engagement,
    and a renewed emphasis on proactive     What led you to join Cal Delta?        After graduation, how did your work with
    maintenance  and  capital  investments  for   I grew up in Los Angeles and attended the  Richfield Oil Company lead to an interest in
    the property.                           public schools up through Los Angeles High  investment management?
      Over  the  coming  year,  the  House   School, class of 1953. Being an avid USC   My first job  after  graduation  was as  a
    Corporation  will   begin  executing    sports fan, and because the university was only  petroleum landman with Richfield Oil
    initiatives aligned to these goals, such as   four miles from my home, becoming a Trojan  Corporation. I got the job the “hard way” —
    working to standardize spring and  fall   was an easy decision! I knew little about  my father called a pal of his at Richfield, and the
    alumni events with the chapter’s alumni   fraternities, but when Cal Delta Brother Dick  deal was done! After a few years of corporate
    chair, refurbishing all 17 rooms in the   Kirtland, an old friend                             life, I decided to become
    house over the course of three years,   from Boy Scouts, invited                              virtually self-employed as
    formalizing the resident advisor role and   me to a Phi Delta Theta                           a rookie stockbroker at
    responsibilities, and establishing a cadence   rush party at the beach, I                     E.F. Hutton & Co. After
    for chapter visits from House Corporation   really enjoyed getting to                         several years, it was clear
    to facilitate questions and answers from   know and converse with                             to me that what I truly
    chapter members.                        an older group of young                               enjoyed most was helping
      I am looking forward to meeting with   men. In particular, there                            my clients organize and
                                            were several members who                              establish their investment
                                            were just returning to USC,                           goals and objectives, and
                                            and Cal Delta, following                              then being responsible for
                                            their service in the Korean                           the management of the
                                            War. Their maturity and                               assets  to  achieve  those
                                            their  enjoyment  of the   Bill running the 1984 Olympic   investment goals! Thus,
                                            young Cal Delta Chapter    Torch Relay with his family.  I decided to become an
                                            were  very  impressive to                             independent  investment
    Congrats seniors! Can’t wait to see what these boys   me. And so, when I happily accepted my   counselor to private clients. I started my own
    will accomplish in the future. Bobby Clark, Curtis   Phikeia pledge pin, a significant passage in my  firm, Hillside Associates, in 1973. We were
    Toyota, Andrew Sonnabend, Hudson Leiser, Mark   life had begun! Hard to believe, but when this  successful, and while I sold Hillside some years
     Miller, Jeff Levine, Karl Schmidt, Paul Samaha,   formerly shy, quiet 17-year-old freshman was  ago, I’m pleased that some former clients still
    Andrew Goldenson, Jack Wangerin, Alex Budde,   elected president of the Cal Delta Chapter in  seek my advice.
      Alexandre Dubose, and Treven Goldsmith.
                                            his senior year, the passage was complete!
           USC House (Continued on Page 4)                                                   Bedford (Continued on Page 4)
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