Henry Gluck (born 1929) is an American business executive and philanthropist from
Los Angeles, California
Los Angeles ( ; es, Los Ăngeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...
. He was the president of Monogram Industries from 1969 to 1972. He served as the chairman and chief executive officer of
Caesars World
Caesars World Inc. was a hotel and casino operator. It began as Lum's Inc., owner of the Lum's chain of restaurants. It shifted into the gaming business with the purchase of Caesars Palace on the Las Vegas Strip in 1969, selling off the restaura ...
from 1983 to 1994. He also served as co-chairman of Transcontinental Properties from 1995 to 2003, and helped develop the new community of
Lake Las Vegas
Lake Las Vegas in Henderson, Nevada, refers to a reservoir and the developed area around the reservoir. The area is sometimes referred to as the ''Lake Las Vegas Resort''. It is being developed by 5 companies including Lake at Las Vegas Joint ...
in
Nevada
Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...
. He supports many philanthropic organizations in Los Angeles, and serves as chairman of the
Ronald Reagan UCLA Medical Center
Ronald Reagan UCLA Medical Center (also commonly referred to as ''UCLA Medical Center'', "RRMC" or "Ronald Reagan") is a hospital located on the campus of the University of California, Los Angeles, in Westwood, Los Angeles, California, United ...
.
Life and career
Early life
Henry Gluck was born in 1929 in Europe.
[Daniel F. Cuff]
Business People; Chief Maps Future For Caesars World
''The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'', March 17, 1987[University of Nevada, Las Vegas: The Gaming Hall of Fame: Henry Gluck](_blank)
/ref> He grew up in Philadelphia
Philadelphia, often called Philly, is the List of municipalities in Pennsylvania#Municipalities, largest city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, the List of United States cities by population, sixth-largest city i ...
, Pennsylvania
Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
. He graduated from the University of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...
, where he received a Bachelor of Science in economics, finance and international trade.[Bloomberg BusinessWeek](_blank)
/ref>[Danielle Berri]
Henry Gluck Named Ronald Reagan Medical Center Chair
''The Jewish Journal of Greater Los Angeles
''The Jewish Journal of Greater Los Angeles'', known simply as the ''Jewish Journal'', is an independent, nonprofit community weekly newspaper serving the Jewish community of greater Los Angeles, published by TRIBE Media Corp. ''The Journal'' w ...
'', July 2, 2009
Career
He joined Monogram Industries in the 1950s. The company, which sold industrial products, was listed on the New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
. Gluck was president from 1969 to 1972.[Nicholas D. Kristof]
Turnaround At Caesars World
''The New York Times'', November 30, 1985 He then served on the boards of directors of the Cordura Corporation, Growth Realty, Daylin
Daylin, Inc. was a major retail conglomerate based in Los Angeles and later Beverly Hills, California. Its best-known unit was Handy Dan Improvement Centers, which prefigured The Home Depot; the company also briefly owned London Drugs as well as Gr ...
, the Gibraltar Savings and Loan Association, Metal Box America, and the Sheraton Hotel Corporation.
In 1982, he joined the board of directors of Caesars World
Caesars World Inc. was a hotel and casino operator. It began as Lum's Inc., owner of the Lum's chain of restaurants. It shifted into the gaming business with the purchase of Caesars Palace on the Las Vegas Strip in 1969, selling off the restaura ...
, the operator of the Caesars Palace, a luxury hotel in Las Vegas, Nevada. A year later, in 1983, he became its chairman and chief executive officer. The casino was losing money at the time, and he was the one who suggested the idea of a mall with luxury boutiques and gourmet restaurants to boost growth.[Julie Tamaki]
Viva Luxe Vegas
''The Los Angeles Times'', August 01, 1999 It was his wife, Arline, who gave him the idea, as she was bored when she visited him in Las Vegas.[Bruce Schoenfeld]
The Kingpins: Las Vegas Power Brokers
''Cigar Aficionado'', November/December 2000 This idea led to The Forum Shops at Caesars
The Forum Shops at Caesars, also known as The Forum Shops, is an upscale shopping mall on the Las Vegas Strip in Paradise, Nevada. It is connected to the Caesars Palace resort, and both feature a Roman theme. The mall project was announced in 198 ...
, one of the highest-grossing malls in the United States. He also added a room for football and horseracing gamblers. Additionally, Gluck expanded Caesars World's presence in Lake Tahoe and in Windsor, Ontario
Windsor is a city in southwestern Ontario, Canada, on the south bank of the Detroit River directly across from Detroit, Michigan, United States. Geographically located within but administratively independent of Essex County, it is the southe ...
, Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
. He also rejected a bid by Martin T. Sosnoff, an investor from New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
, to purchase the company. He was inducted into the Gaming Hall of Fame
The Gaming Hall of Fame was established in 1989 to recognize individuals who have played a significant role in the gaming-entertainment industry.
The Gaming Hall of Fame Charity Gala is an annual event organized by the American Gaming Associati ...
in 1993. Gluck eventually stepped down in 1994, when the company was acquired by the ITT Corporation, on whose board of directors he served. However, he retired from ITT's board in 1995.[Gaming](_blank)
''The Los Angeles Times'', June 29, 1995
Later that year, in 1995, he became co-Chairman of Transcontinental Properties, a real estate development company which developed Lake Las Vegas.[Travel & Tourism](_blank)
''The Los Angeles Times'', December 06, 1995 The construction of the new community, located southeast of Las Vegas, cost US$5 billion. It was developed with Sid Bass
Sid Richardson Bass (born April 9, 1942) is an American billionaire investor and philanthropist.
Early life
Sid Richardson Bass was born on April 9, 1942. His father, Perry Richardson Bass (died 2006), built an oil fortune with uncle, Sid W. ...
and Lee Bass
Lee Marshall Bass (born 1956) is an American businessman and philanthropist.
Early life
Lee Bass was born in 1956. His father was Perry Richardson Bass, an investor and philanthropist, and his mother, Nancy Lee Bass, was a philanthropist. His gre ...
, two billionaires from Fort Worth, Texas
Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly into four other counties: Denton, Johnson, Parker, and Wise. Accord ...
. Gluck stepped down as co-Chairman in 2003.
Gluck served on the board of directors of California Pizza Kitchen
California Pizza Kitchen (CPK) is an American casual dining restaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, United States ...
from 2003 to 2008.
Philanthropy
He has served on the National Council of the Salk Institute
The Salk Institute for Biological Studies is a scientific research institute located in the La Jolla community of San Diego, California, U.S. The independent, non-profit institute was founded in 1960 by Jonas Salk, the developer of the polio vacci ...
and on the board of trustees of the City of Hope. He is a major donor to the Los Angeles Philharmonic. Additionally, he has been a donor to the Los Angeles Jewish Home and to Veterans Park Conservancy.
He has served on the Board of Advisors of the Ronald Reagan UCLA Medical Center
Ronald Reagan UCLA Medical Center (also commonly referred to as ''UCLA Medical Center'', "RRMC" or "Ronald Reagan") is a hospital located on the campus of the University of California, Los Angeles, in Westwood, Los Angeles, California, United ...
since 2001.[Emilia Barrosse]
New chair of Reagan UCLA Medical Center's board of advisors
''UCLA Newsroom'', June 09, 2009 Since 2009, he has served as its chairman.UCLA Health System Board Members Discuss Care Delivery At Inaugural Meeting
''The Beverly Hills Courier'' He also serves on the board of trustees of the Business Institute of Gerontology of the Ethel Percy Andrus Gerontology Center at University of Southern California
, mottoeng = "Let whoever earns the palm bear it"
, religious_affiliation = Nonsectarianâhistorically Methodist
, established =
, accreditation = WSCUC
, type = Private research university
, academic_affiliations =
, endowment = $8.1 ...
.
Personal life
He is married to Arline Gluck. They reside in Bel Air.
References
{{DEFAULTSORT:Gluck, Henry
1929 births
Living people
People from Bel Air, Los Angeles
University of Pennsylvania alumni
American chief executives of travel and tourism industry companies
American corporate directors
Philanthropists from California
University of California, Los Angeles people