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Robert Alan Pritzker Edit Profile

Manufacturing company executive

Robert Alan Pritzker, American manufacturing company executive. Chairman board Pritzker Foundation, Chicago; trustee, chairman Illinois Institute of Technology, Chicago Symphony Orchestra; immediate past chairman Field Museum of Natural History; board directors Rush-Presbyterian-St. Luke's Medical Center; Member National Academy of Engineering, National Association Manufacturers (former chairman).

Background

Pritzker, Robert Alan was born on June 30, 1926 in Chicago, Illinois, United States. Son of Abram Nicholas and Fanny (Doppelt) Pritzker.

Education

Bachelor of Science in Industrial Engineering, Illinois Institute of Technology, Chicago, 1946. Postgraduate in Business Administration, University Illinois.

Career

He has two brothers: Donald Pritzker and Jay Pritzker. Robert Pritzker received a bachelor's degree in industrial engineering from the Illinois Institute of Technology in 1946 and an honorary doctorate in 1984. He taught night courses at IIT and began serving on the Board of Trustees in 1962, and served as a University Regent until the time of his death.

He also taught evening classes at the University of Chicago Graduate School of Business (now the Booth School of Business) in the late 1970s and through the 1980s. His class consisted of cases developed from actual business take-overs he was involved with, and students had to recommend whether or not to purchase the companies under study. Pritzker started The Marmon Group, an international association of autonomous manufacturing and service companies.

Marmon's assets constitute half of the Pritzker family fortune. Robert's success can be partially attributed to his unique business structure, in which employees are trusted to make more key decisions, independent of the central office, than in other typical manufacturing settings. This independence allows for more creativity, and increases speed and productivity.

Concurrently, Pritzker spent a year as Chairman of the National Association of Manufacturers. In 2002, Robert Pritzker retired from his position of President of The Marmon Group and assumed the role of President of Colson Associates, Inc., a holding company of caster, plastics moldling, hardware and medical companies, including Acumed, OsteoMed, and Precision Edge Surgical Products Company, among others. They had two children:Matthew Pritzker (b 1982) – is a real-estate entrepreneur, the head of the Matthew Pritzker Company, and owns part of Chicago-based HomeMade Pizza Company and State Street Pictures.

Liesel Pritzker Simmons (b 1984) – a child actress who starred in A Little Princess and played the US President's daughter in film Air Force One. Robert Pritzker preferred to fly coach despite having access to a family-owned corporate jet: "If I ask my managers to go coach how can I go first class? That's leadership.".

Achievements

  • Pritzker and Gilbert had three children:Jennifer N. Pritzker (b James, 1950) – retired Lt Colonel in the U.S. Army and founder of the Pritzker Military Library. She co-founded with her mother, the IDP Foundation, dedicated to "developing innovative, scalable and replicable programs through sustainable initiatives that move away from aid based models and lead to greater progress in the achievement of Education for All for the most deprived.".

Membership

Chairman board Pritzker Foundation, Chicago. Trustee, chairman Illinois Institute of Technology, Chicago Symphony Orchestra. Immediate past chairman Field Museum of Natural History.

Board directors Rush-Presbyterian-St. Luke's Medical Center. Member National Academy of Engineering, National Association Manufacturers (former chairman).

Connections

Married Mayari Sargent. Children: James, Linda, Karen, Matthew, Liesel.

father:
Abram Nicholas Pritzker

mother:
Fanny (Doppelt) Pritzker

spouse:
Mayari Sargent

child:
James Pritzker

child:
Linda Pritzker

child:
Karen Pritzker

child:
Matthew Pritzker

child:
Liesel Pritzker