CROWN, HENRY (Henry Krinsky; 1896–1990), U.S. business executive. Crown was born and raised in Chicago, the son of Latvian immigrants. He left school at the age of 15 and went to work. After he was fired from his $4 a week job as a shipping clerk for dispatching a load of sand instead of gravel, he and his brothers, Sol and Irving, founded a materials supply firm. Through hard work and sound business practices, they steadily built up their company. Crown became the treasurer (1916), then the president (1921), and then chairman of the board (1941) of the multimillion-dollar Material Service Corporation in Chicago, which had become the largest materials firm in the world. During World War II Crown served as a colonel in the Corps of Engineers. The Crowns' corporation operated its own quarries, mines, lime and cement plants, and gravel and sand pits. Its fleet of tugboats traveled across Chicago's waterways, and the company's army of cement trucks churned through the streets on a daily basis. In 1959 the company merged into the General Dynamics Corporation, of which Crown served as director. He was also a director of several large firms, including Chicago Rock Island & Pacific Railroad, Hilton Hotels International, and was president and owner of the Empire State Building. He diversified his business interests to include defense contracting, railroads, mining, farming, recreation, and trucking. With his disciplined risk-taking and financial acumen, he maximized on these investments to create Henry Crown and Company, one of the leading private investment groups in the U.S. Crown served as director of the Chicago Jewish Welfare Fund and was a member of the Horatio Alger Association of Distinguished Americans. The Crown family owned and managed operating companies and real estate investments. It also maintained significant investments in a broad range of publicly traded corporations, with extensive board of directors representation that includes General Dynamics, Hilton Hotels, Bank One, The Maytag Corporation, Alltel, and Sara Lee. The Crown family established a worldwide reputation for philanthropy, donating funds to support academic and research programs. Some of the places and projects that bear Henry Crown's legacy include Henry Crown Field House on the University of Chicago campus; the Henry Crown Sports Pavilion /Norris Aquatic Center at Northwestern University; the Henry Crown Space Center Museum of Science and Industry in Chicago; the Aspen Institute's Henry Crown Fellowship Program, which seeks to develop the next generation of corporate and civic-minded leaders; the Henry Crown Symphony Hall and the Rebecca Crown Auditorium at the Jerusalem Theater; and the Henry Crown Institute of Business Research in Israel, under the auspices of Tel Aviv University's Faculty of Management, which aims to support research pertaining to business administration and management, with an emphasis on Israeli economy and society. (Ruth Beloff (2nd ed.)

Encyclopedia Judaica. 1971.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Crown, Henry — ▪ American executive original name  Henry Krinsky   born June 13, 1896, Chicago, Ill., U.S. died Aug. 15, 1990, Chicago       business executive and philanthropist.       Crown left school in the eighth grade, worked as an office boy, and in 1919 …   Universalium

  • Henry V, Holy Roman Emperor — Henry V (8 November 1086 ndash; 23 May 1125) was King of Germany (from 1098 1125) and Holy Roman Emperor (from 1106 25), the fourth and last ruler of the Salian dynasty. Henry s reign coincided with the final phase of the great Investiture… …   Wikipedia

  • Henry VI — • German king and Holy Roman Emperor (1165 1197) Catholic Encyclopedia. Kevin Knight. 2006. Henry VI     Henry VI     † …   Catholic encyclopedia

  • Henry IV of France's wives and mistresses — played a significant role in the politics of his reign. Both Henry (1553–1610) and his first wife Marguerite of Valois, whom he married in 1572, were repeatedly unfaithful to each other, and the collapse of their marriage led to their… …   Wikipedia

  • Henry IV — 1. 1050 1106, emperor of the Holy Roman Empire and king of Germany 1056 1106. 2. (Bolingbroke) ( Henry of Lancaster ) 1367 1413, king of England 1399 1413 (son of John of Gaunt). 3. ( Henry of Navarre ; Henry the Great ) 1553 1610, king of France …   Universalium

  • Henry IV, Holy Roman Emperor — Infobox German Royalty|monarch name=Henry IV title = Holy Roman Emperor; King of Germany imgw = 150 reign = 1056 1105 1084 – 1105 reign type =Reign in Germany Reign as Emperor date1 = 11 November 1050 date2 = 7 August 1106 predecessor=Henry III… …   Wikipedia

  • Crown (British coin) — This article is about the British coin. For other coins called Crown , see Crown. Henry VIII HENRIC VIII RVTILANS ROSA SINE SPIA , crowned double rose flanked by crowned H and K (Henry and Katherine of Aragon); saltire stops …   Wikipedia

  • Henry VI, Holy Roman Emperor — Infobox German Royalty|monarch name=Henry VI title= Holy Roman Emperor; King of The Romans, Burgundy, and Sicily; Duke of Swabia caption=Portrait of Henry VI from the Codex Manesse (folio 6r) succession = Holy Roman Emperor; King of Italy reign=… …   Wikipedia

  • Henry II — 1. ( Henry the Saint ) 973 1024, king of Germany 1002 24 and emperor of the Holy Roman Empire 1014 24. 2. ( Curtmantle ) 1133 89, king of England 1154 89: first king of the Plantagenet line (grandson of Henry I of England). 3. 1519 59, king of… …   Universalium

  • Henry VIII of England — Henry VIII redirects here. For other uses, see Henry VIII (disambiguation). Henry VIII …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”