Russian immigrant who began acquiring amusement parks with his brother Nicholas in the teens and soon became allied with the Loew organization, where he graduated to a senior executive position. Schenck left Loew's in 1917 to become an independent film producer, turning out vehicles for Norma Talmadge (his wife), Buster Keaton and Fatty Arbuckle. After a spell at United Artists he co-founded the 20th Century corporation with Darryl Zanuck, becoming chairman of the board of 20th Century-Fox after the 1935 merger. Schenck was forced to resign in 1941 when he was indicted for income tax