Stephen E. Roulac
A fourth generation Californian, Stephen Roulac has achieved a high standard of excellence in entrepreneurial ventures, business management, economics policy and analysis, real estate consulting, teaching, writing, publishing, public speaking, and competitive athletics.
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Stephen E. Roulac was born in San Francisco, California on August 15, 1945. His parents are Phil Williams and Elizabeth Young Roulac; he is the eldest of five children. His family background reflects significant involvements in economics, finance, entrepreneurial endeavors, business, real estate development and investment. His father graduated from the University of Southern California and attended the Harvard Business School; his mother graduated from Occidental College and attended the Columbia Business School. His grandfather Jack W. Roulac was active in a variety of entrepreneurial adventures, invested in real estate throughout Southern California, and founded the Los Angeles Adventurers Club. His grandfather Arthur N. Young, who earned his Ph.D. in Economics from Princeton, was a prominent international economist who advised many countries on finance and economic policy matters with his accomplishments including serving for some two decades as primary financial adviser to Chiang Kai Shek and designing the Central Bank for Saudi Arabia.
Stephen grew up in the San Gabriel Valley, primarily San Marino, where he attended local schools including the Valentine School, the Huntington School, Flintridge Preparatory (8th grade), San Marino High School (9th and 12th grades, graduated June 1963), and The Thacher School in Ojai (10th and 11th grades, 1960 - 1962). He participated in Cub Scouts, Boy Scouts (earning the Life rank), and the Sea Cadets program sponsored by the U.S. Naval League (selected to represent his chapter on a tour to Japan). Subsequently, he obtained his undergraduate education at Pomona College and graduate degrees from Harvard, Stanford, and University of California, Berkeley's Boalt Hall School of Law.
During school Stephen was involved in and served in leadership roles in numerous extra-curricular and student government activities. At Pomona College he was elected to the College Council (the College's student governing body) and Commissioner of Athletic Affairs. At Harvard he was elected Chairman of his first-year class section and a member of the Student Association Board (the governing body of the School); at graduation he was recognized with the Student Association Award for "continuously unselfish effort...positive contributions...manifested by general improvement in the Harvard Business School environment." Also at Harvard he was elected a member of the Board of Directors of the Harvard Cooperative Society.
In high school he was a member on the Debate Team and also participated in the Lion's Club Public Speaking Contest. In high school, college and graduate school he was actively involved in journalism, serving as a staff writer, member of the editorial board, and editor of numerous publications. At age fourteen he founded the Pacific Coast Distance Running Report, a subscription publication which he published and edited for three years.
During high school he participated in the Scholastic Sports Association program sponsored by the Los Angeles Herald Examiner and was selected for a several week journalism workshop conducted at California Polytechnic, San Luis Obispo. He contributed a column on the 1964 Olympics to the Pasadena Star News. At Pomona he established Sagechen Sports, a weekly newspaper and hosted a weekly radio show on KSPC FM, the college radio station. At Harvard he was appointed the only student member of the Harvard Business Review Editorial Board.
During high school and college he competed at the national level in long distance running, including track, cross country and road racing. He won numerous invitational races and championships, setting many school and course records. Frequently selected for national competition, in 1965 he was ranked 4th nationally in the NAIA three-mile and placed 5th in the National NCAA College six-mile championship. He was 10th in the 1965 National AAU Fifteen Kilometer Road Running Championship and captained the Pasadena Athletic Association team that won the National AAU Team Championship and later placed 5th in the 1966 National AAU Cross-Country Championships. The recipient of numerous awards for his athletic achievements, in 1981 he was elected to the Pomona College Athletic Hall of Fame.
His community activities have included participation in the Pasadena Junior Chamber of Commerce, directing the Pasadena Athletic Association distance running program, and serving as race director of the Rose Bowl Invitational Marathon. He served on the Advisory Board of the League of American Wheelmen, sponsors of "National Bicycle Month," and as the Chairman of the Cystic Fibrosis benefit ride.
Stephen financed a substantial portion of his undergraduate education and all of his graduate education through various part-time and summer jobs including groundsman, dining hall work, recreation supervisor, and athletic program sales at Pomona College; general office work, bookkeeping, apartment leasing, property management, construction labor, and construction management for the Roulac Construction Company; contract economics research, consulting and teaching.
His initial exposure to real estate and finance was through his family's development and construction firm. Starting with construction site labor and office clerical work, he progressed to involvement in purchasing and expediting, supervising a labor crew, serving as acting construction superintendent, leasing and managing apartment buildings, designing property marketing strategies and promotion campaigns, evaluating development project feasibility, structuring financing, and preparing new business proposals.
A serious competitive bicycle racer, he began cycling in 1983 and since the latter 1980s has raced in USCF Masters criterium, road and time trial events. He was named to the United States National Masters Team which was invited to compete in the Soviet Union National Masters Championships, held in Minsk, Byelorussia, In August 1990.
Stephen has traveled throughout most of the United States and in foreign countries including Austria, Belarus, Canada, England, France, Finland, Germany, Gibraltar, Hong Kong, Hungary, Indonesia (Bali, Lombok), Ireland, Italy, Jamaica, Japan, Korea, Macau, Mexico, Morocco, Nepal, Norway, People's Republic of China, Puerto Rico, Russia, Scotland, Singapore, Spain, Slovenia, St. Martin, Sweden, Switzerland, Thailand and Wales.
Stephen Roulac's personal interests include the arts, antiquarian books, reading, health and fitness, competitive sports-specifically bicycle racing-and outdoor activities. In addition to significant ongoing research and study of the classic disciplines directly pertinent to real estate decisions, his personal learning embraces the ancient wisdom traditions of indigenous cultures, and recent scientific and behavioral advances in learning and communications technologies, including Neuro-linguistic Programming and Feldenkrais Training. He, his wife, and daughter live adjacent to a forest overlooking a majestic mountain, located north of San Francisco. His son lives in Manhattan where he is Assistant Treasurer at BHF Bank.
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