[Congressional Record Volume 161, Number 93 (Thursday, June 11, 2015)]
[Senate]
[Page S4099]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RECOGNIZING THE 90TH BIRTHDAY OF LESTER CROWN
Mr. DURBIN. Mr. President, today I recognize the 90th birthday of one
of the outstanding business leaders of our time--Chicago businessman,
Lester Crown.
Lester Crown was born on June 7, 1925, to Henry Crown, the son of
Jewish immigrants from Lithuania, and his wife, Rebecca Kranz. Like
many other Illinoisans, Lester came from a family of Lithuanian
immigrants with humble beginnings who moved to America to pursue a
better life for their children.
Lester's father worked hard with his two brothers to build their
family construction supplies company, the Material Service Corporation.
As a young man, Lester worked with his father at the Material Service's
quarry over the summers to lend a hand. Through the hard work and
dedication of the entire Crown family, the Material Service Corporation
became one of the most successful companies in America. Several years
later, that family business merged with General Dynamics Corporation to
become America's largest defense contractor.
From the start, Lester saw his father's work and learned what it took
to be a successful businessman. He used his experience to excel and
quickly became the president of Marblehead Lime and Royal Crown (RC)
Cola. After years of managing companies, Lester took over as chair of
General Dynamics and as the head of the family investment firm.
One of Lester's many talents has been his ability to recognize great
potential. His eye for promising investments has led him to grace the
Forbes 400 list every year since 1982. With a quick glance at his
impressive list of investments we can easily see why--he is a major
shareholder in Maytag, Hilton Hotels, Alltel, Aspen Skiing Company, New
York's Rockefeller Center, the New York Yankees, and Illinois' very own
Chicago Bulls.
But Lester is not just a successful businessman, he is also a
dedicated philanthropist, husband, and father. He has channeled his
successes to provide generous contributions to a wide array of local
and national projects. His charitable footprint can be seen in
landmarks such as the famous Crown Fountain in Millennium Park, the
Lyric Opera of Chicago, Stroger Hospital, and in universities across
the Nation.
Lester and his wife Renee have been happily married for more than 60
years and have seven children. Renee serves as a founding member and
former president of the Women's Board of Northwestern University and a
life director of the Multiple Sclerosis Society. She also serves on the
board of the Boys and Girls Clubs of Chicago, the Field Museum, the
Joffrey Ballet, and as an honorary chair of the Shoah Visual History
Foundation.
Lester and Renee are an inspiration for many in their family who have
become successful investors and philanthropists. Their son Jim is
continuing the legacy started by Lester's father nearly a century ago
by now serving as the lead director of General Dynamics. Together, the
Crown family works with roughly 600 groups a year and donates millions
of dollars annually to support organizations that focus on education
and community development.
In addition to the energy Lester has poured into his family and
business life, he has been a pillar in the Jewish-American community in
his support of Israel. Few can match his dedicated commitment to the
survival and success of the nation of Israel.
While few share Lester's long list of business achievements, even
fewer share his level of leadership and generosity. It is with great
pride that I ask my colleagues to join me in celebrating the 90th
birthday of Lester Crown and to congratulate him on his legendary
career and his many contributions to the city of Chicago, the Nation,
and the world. I offer my best wishes as he continues to provide
visionary leadership through his business endeavors and family
philanthropy for years to come.
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