Henry Gluck
| Henry Gluck | |
|---|---|
| Born | 1929 Europe |
| Residence | Bel Air, Los Angeles, California |
| Education | University of Pennsylvania |
| Occupation | Business executive, philanthropist |
| Spouse(s) | Arline Gluck |
Henry Gluck (born 1929) is an American business executive and philanthropist from Los Angeles, California. He was the Founder and Chairman of Monogram Industries. He served as the Chairman and Chief Executive Officer of Caesars World from 1983 to 1994. He served as co-Chairman of Transcontinental Properties from 1995 to 2003, and helped develop the new community of Lake Las Vegas in Nevada. He supports many philanthropic organizations in Los Angeles, and serves as Chairman of the Ronald Reagan UCLA Medical Center.
Henry Gluck was born in 1929 in Europe. He grew up in Philadelphia, Pennsylvania. He graduated from the University of Pennsylvania, where he received a Bachelor of Science in Economics, Finance and International Trade.
He founded Monogram Industries shortly after graduation. The company, which sold industrial products, was listed on the . Gluck retired from Monogram Industries as a multimillionaire in 1972. He then served on the Boards of Directors of the Cordura Corporation, Growth Realty, Daylin, the Gibralter Savings and Loan Association, Metal Box America, and the Sheraton Hotel Corporation.
In 1982, he joined the Board of Directors of Caesars World, 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. It was his wife, Arline, who gave him the idea, as she was bored when she visited him in Las Vegas. This idea led to The Forum Shops at Caesars, 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, Canada. He also rejected a bid by Martin T. Sosnoff, an investor from New York City, to purchase the company. He was inducted into the Gaming Hall of Fame 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.
...
Wikipedia