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Hammers MD, Paul Aldridge announced the news on the official site: "Glenn's extended contract underlines the esteem in which he is held by everyone at the club and provides the continuity which is part of West Ham United's proud tradition.
"His judicious spending in the transfer market, and the respect he commands from players, staff and fans alike, not to mention the encouraging results he has achieved, have combined to make the decision to offer a new contract one that the board is delighted to take.
"The board has every confidence that the club is moving in the right direction under Glenn, and will continue to do so in future."
Glenn was keen to praise the staff around him, from the players themselves to Paul Goddard, the asssistant manager, Roger Cross, the reserves manager, and the Academy staff led by Tony Carr:
"It has been a team effort, and in that I include the backroom staff who have worked really well with me. I brought Paul Goddard back to West Ham; he has been an excellent acquisition for the club and he is a very good man as well as being good at his job.
"Roger Cross has done brilliantly and has backed me all the way; he works hard with those youngsters, a job that I used to do, and has got on with his work like the professional he is.
"He has been in the game a long, long, while, and we include Roger in everything. Paul, Roger and I work as hard as we possibly can, and their contribution has helped me to secure a new contract. Hopefully we can all look forward to working together over the next few years to make everything that much better, which is what we all want.
"Of course, at academy level, Tony Carr, Jimmy Hampson and Peter Brabrook can be trusted to work hard, and I don't interfere with them at all. They continue to produce young players for the first team, which is the lifeblood of this club; they must bring youngsters to the first team squad - that is their goal, and their job.
"John Green and his medical staff have also played a hugely important role this season, and it is important that their good advice is listened to; they work tirelessly to get the players fit and strong, along with John McCarthy on the sports science side of things, and others.
"The scouting team led by Ted Pearce is also an integral part of the club, and vital to the future of our success."
Glenn is keen to put the emphasis on sticking together as a team: you have to work as one, aiming for same goal, or you won't get where you want.
"It is like being in a boat with oars; we have all got to row in the same direction, and if one person starts rowing in the opposite direction you are not going to progress the way you want to.
"We have all got different roles to fulfil at the football club - but we all must be working towards the ultimate aim, which is improving the team. If the team improves I believe the club improves; the team must come first - for me the football team is everything, and it is my job to improve that by dealings in the transfer market, hopefully an ability to coach players, and by bringing everyone together to work in the same direction.
"We mustn't have anyone in the team or the backroom staff not all pulling together, and that is what we are all trying to do."