24/7 Wall Street. His father, Gerald Grinstein, is a former CEO of . No matter what the situation was, he could always find the light side.. I continued pressing. Delta Air Lines Inc (DAL) Some of our most successful entrepreneurs are really inventors at heart. Gerald Grinstein - The William D. Ruckelshaus Center He previously served as President of US Airways and American Airlines, as well as President of United Airlines from 2016 to 2020, when he was promoted as CEO. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. "I may put a sign on the waterfront saying `Bill has moved' with an arrow pointing up the shore," she joked. When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant. 2004-2023 GuruFocus.com, LLC. Gerald Ronson earned the money being a professional Philanthropist. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. Keith made some jokes at his own expense and finally leaned forward and said something quasi-Scandanavian, a sentiment that spoke to my Ingmar Bergman-esque soul. Today Delta is worth only $6.7 billion and Grinstein - and his team - are gone. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. He was beloved by many, many people.. Too many, however, have boosted vanity projects or expressed do-gooderism as an extension of themselves. Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub NM: Not meaningful. Thomas W. Horton is a partner of Global Infrastructure Partners and is lead director at Walmart Inc. and General Electric Corp. United Airlines is the third largest airline in the world, with 86,852 employees and 721 aircraft. [8], ""Our rhetoric was terrific, but the performance wasn't there." 200 + Signatories on MFAN's Open Letter | MFAN Analysts predicted a loss of $4.76 a share excluding special items. Mullin achieved particular prominence following the September 11, 2001 tragedy when, with the airline industry on the brink of failure, he served as the chief legislative and public spokesperson for the industrys recovery program. A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . In the meantime, the Grinsteins are renting a home nearby. It merged with America West Holdings Corporation, parent of America West Airlines, in 2005, and the combined company adopted the better-known US Airways name; the two airlines' operating certificates merged in 2007. 5Prior-year data. Delta Air Lines executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. All content in this area was uploaded by Mark Tatge on Feb 28, 2015 So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). "Come on," Denny reminded him. Efficiency rank is based on our chief executive's performance/pay score. It was meaningful do-gooderism as an end in itself. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ Things didn't work out as Grinstein had hoped. of 24,590 shares made by William C Carroll , There won't be a "For Sale" sign swinging in front of Bill and Melinda Gates' house when they move to their new high-tech estate. When Western Airlines and Delta Air Lines, Inc. of Atlanta, Georgia merged in 1987, Grinstein, CEO of Western since 1985, was appointed to Delta's Board of Directors and has remained on the board since then. Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. Gerald Grinstein is the director of PACCAR Inc. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Over the past 18 months, Gerald Grinstein Net Worth (2023) | wallmine Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). It was also, again, a $16,000 position. Bressler continued as chairman of Burlington Northern and Burlington Resources, while Gerald Grinstein, who had been vice-chairman of both companies, became Burlington Northern ' s president and chief executive officer in 1989. George Seeley Net worth, Height, Bio,Career, Relation, Fact, Social Media He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Edward H. Bastian Net Worth (2023) | wallmine In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. Grinstein's wife, Lyn, says they're ready to move into the 14-room, waterfront house just as soon as the Gateses are ready to move out. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. MFAN's Open Letter to the President on the U.S. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). We use cookies to provide you with a great experience and to help our website run effectively. By. Fue director ejecutivo de Burlington Northern Railroad de 1985 a 1995 y se uni a la junta directiva de Delta en 1987. Who Runs Fort Worth? - D Magazine a net sale Gerald Grinstein has been CEO of Delta Air Lines for 1 years. Businessman Keith Grinstein known for his humor Peter Jackson is the former editorial-page editor of the Everett Herald. Gerald Grinstein Wikipedia Republished // WIKI 2 He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. Chicago, Burlington & Quincy Railroad, Burlington Northern | Flickr A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits. , Gerald Grinstein (born 1932), American air transportation executive [6], Grinstein retired in the summer of 2007, [7] allocating his bankruptcy emergence stock grants to establish a scholarship fund for Delta employees and their children and a hardship fund for Delta families. Keith Grinstein, 1960-2008: Exec had heart for community. "Just imagine that you'll only live to be 40," Keith said. [6], Grinstein retired in the summer of 2007,[7] allocating his bankruptcy emergence stock grants to establish a scholarship fund for Delta employees and their children and a hardship fund for Delta families. sale Gerald (Jerry) Grinstein returned to Madrona as a strategic director in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. , The Air Line Pilots Association, International (ALPA) is the largest pilot union in the world, representing more than 59,000 pilots from 35 U.S. and Canadian airlines. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. and a net Gerald B Grinstein, 90 - Seattle, WA - Reputation & Contact Details Gerald Grinstein for Ed Bastian's 20 year pinning. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. He became CEO of Delta in 2004, a time of financial crisis for the airline. Gerald Grinstein owns over 1,000 units of Delta Air Lines stock worth over $38,070 and over the last 19 years Gerald sold DAL stock worth over $0. Son complemented father, both emblematic of service above self; each was shrewd at tackling complex problems while highlighting the absurdity of certain politicians and other inflated egos. 1Annualized. . [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Amy Martinez: 206-464-2923 or amartinez@seattletimes.com, Fire on Lake City Way in Seattle raises smoke, flooding concerns, WA to end masking requirement in health care, correctional facilities, Tacoma woman refusing tuberculosis treatment continues to face arrest, Be bolder to get light rail done, expert panel tells Sound Transit, Driver makes U-turn, hits pedestrian near Pioneer Square, police say. "We might remodel, we might start over again. gerald grinstein net worth - albakricorp.com His new salary was set at $17,600. Most recently, Mr. Grinstein was chairman of Coinstar, a Bellevue-based operator of coin-counting machines, as well as a director of Seattle technology company F5 Networks and Tacoma-based staffing agency TrueBlue. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. . CASO 1 DE INTELIGENCIA EMOCIONAL - Blogger He took over as CEO in 2004, when Delta was in a deep financial crisis, after CEO Leo F. Mullin stepped down amid a controversy over executive retirement and cash bonus plans that were deemed excessive. JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal Other key executives at PACCAR Inc include It was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930. During the past 18 months, 350,919 shares of PACCAR Inc (PCAR) were sold and 0 shares were bought by its insiders, resulting in a net From the average net worth, as compared to the median net worth, for each age group, it's apparent that the median net worth may be a more standardizing financial metric to use to analyze net worth by age in the U.S. Prior to joining BNI, he held positions including chairman and CEO of Western Airlines, partner in the law firm Preston, Torgrimson, Ellis & Hollman, chief counsel to the United States Senate Commerce Committee, counsel to the Merchant Marine & Transportation Subcommittee, and administrative assistant to U.S. Other key executives at The Brink's Co include That could happen sometime this summer or fall, she says. During the past 18 months, 157,206 shares of Delta Air Lines Inc (DAL) were sold and 45,880 shares were bought by its insiders, resulting in a net Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. In summary, during the past 3 months, insiders sold 0 shares of The Brink's Co (BCO) in total and bought 0 shares, with a net S&P 500 Aggregate Buffett-Munger Screener Industry Overview Undervalued Predictable Benjamin Graham Net-Net 52-week/3Y/5Y Lows 52-week/3Y/5Y Highs Magic Formula (Greenblatt) . Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. The company emerged from bankruptcy on December 9, 2013, and at the same time announced that it would merge with US Airways Group to form a new company, American Airlines Group. Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. Anderson inherited an angry board of directors and impatient . Keith's first job after graduating from Yale was as a $16,000-a-year natural resources aide to my late father, Sen. Henry M. "Scoop" Jackson. Average Net Worth by Age: How Do You Compare? - NerdWallet Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. no insider transaction in Delta Air Lines Inc (DAL). It is mandatory to procure user consent prior to running these cookies on your website. Gupta has several connections to Atlanta, where he is the Chief Medical Correspondent for CNN, associate chief of neurosurgery at Grady Memorial Hospital, and assistant professor of neurosurgery at Emory University School of Medicine. He led Delta during one of the most tumultuous periods in aviation history, beginning in 1997, just as airlines were struggling to emerge from the economic crises of the early 1990s. Jerry Grinstein, past CEO of Delta, to be Orser Executive Speaker on 10Includes shares indirectly held. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Mr. Grinstein grew up in a prominent Seattle family. AMR Corporation was an airline holding company based in Fort Worth, Texas, which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. Gerald Grinstein Net Worth (2007) Delta Air Lines Inc Insider Trades Re: BNSF "Gerald Grinstein" business car. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. The company's history began with the world's first aerial crop dusting operation called Huff Daland Dusters Inc., founded in 1925 in Macon, Georgia to combat the boll weevil infestation of cotton crops. Grinstein also set about regaining the trust and confidence of Delta's employees. PACCAR Inc (PCAR) and Gerald Grinstein of Burlington Northern Inc.; . See Jerry Grinstein's compensation, career history, education, & memberships. BUSINESS CAR PHOTO INDEXES - BURLINGTON NORTHERN SANTA FE 1 - 32 - RyPN Thanks to your hard work and dedicated efforts, we garnered an unprecedented amount of support for reforming U.S. development from businesses, NGOs, think tanks, prominent individuals, Continue reading 200 + Signatories on MFAN's . ", "Delta Air Lines needs to cut costs, says CEO. The Brink's Co (BCO) And he thrives.". ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. How to Calculate Net Worth of a Company | Formula | Top Examples We'll focus on the median and average net worth figures for different age groups: Age of head of family. ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. . Median net worth . BUSINESS PEOPLE; Burlington Northern Names 2 Executives The car was built by Budd in 1952 as a business car for the Chicago, Burlington & Quincy RR. Then you get to live here.. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Author: burlingtonjohn. of 29,672 shares made by Joanne D Smith Just another site gerald grinstein net worth of 4,880 shares. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. 8Received options or restricted stock in lieu of portion of salary. a net Gerald Grinstein was American air transportation executive. , no insider transaction in The Brink's Co (BCO). 6New chief executive; compensation may be for another executive office. . Every Sunday morning, Crosscut's weekly email sums up the best stories of the week. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. ", "Congress Looks at Possible Delta-US Air Merger. Delta's restructuring is projected to more than halve its net debt to $7.6 billion at the end of 2007 from $16.9 billion at June 30, 2005, it said. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. How federal weed legalization would impact Washington state, ArtSEA: Bronze books in Bellevue and a rush of Seattle readings, The egg shortage won't end anytime soon. Other recent insider transactions involving Delta Air Lines Inc (DAL) include The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Remembering Keith Grinstein | Crosscut Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Leo F. Mullin is an American executive and civic activist who served as CEO and Chairman of Delta Air Lines (1997-2004). Follow him on Twitter @phardinjackson. 3Three-year total. He previously served as the Chief Executive Officer of Delta Air Lines from 2004 - 2007 and as Non-Executive Chairman of Delta Air Lines Inc.'s Board of Directors from 1997 - 1999.
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