About Our Founders

The Lobeck Taylor Family Foundation was founded in 1997 by Bill Lobeck and Kathy Taylor. Drawing on their personal experiences as serial entrepreneurs, Lobeck and Taylor created LTFF with the hope of establishing resources to make entrepreneurship flourish for all people with passion in Tulsa. The foundation has evolved throughout the years into a second generation investment in making Tulsa an innovative, collaborative, and thriving city. Under the leadership of CEO Elizabeth Frame Ellison, LTFF focuses on entrepreneurship, innovation and community engagement projects.

Bill Lobeck began his career in the daily car rental industry in Norfolk, Virginia and became president and CEO of Dallas-based American International in 1971. For the next 30 years, Lobeck was president and CEO of Thrifty Car Rental, Pentastar Transportation Group, and Dollar Thrifty Automotive.  In 2003, Lobeck and Cerberus Capital Management acquired the assets of the AutoNation companies, bringing them out of bankruptcy as Vanguard Car Rental USA. The company became one of the industry’s most financially successful companies. In 2007, Vanguard was acquired by Enterprise Rent-A-Car.

Kathy Taylor has long served as a tireless advocate and change agent for Tulsa. Through decades of steadfast public service and personal investments through the Lobeck Taylor Family Foundation, Kathy is known for her dedication to issues that advance the success of future generations. She recently served Tulsa Mayor G.T. Bynum as Chief of Economic Development from 2017-2018, drawing from years of experience as a business executive and corporate attorney. It’s an office she knows well, having served as Tulsa’s 38th Mayor herself. Her administration led the way to creating afterschool and mentoring programs; launching the City’s first entrepreneur business competition; and revitalizing downtown. Kathy currently serves as Chair of the Leadership Council for ImpactTulsa, Chair for the Regional Board of Reading Partners, sponsor of the USS Tulsa (LCS 16) and a member of the Board of SONIC®, America’s Drive-In®. She previously served as a resident fellow at the Harvard Kennedy School Institute of Politics, teaching a course on Pathways to Public Service. She is also a former Oklahoma Secretary of Commerce, Tourism and Workforce Development, and was an advisor to Governor Brad Henry as Chief of Education Strategy and Innovation.