All Rights Reserved. and PACCAR Inc (PCAR) The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. Pinnacle Airlines Corporation was an American holding company headquartered in Memphis, Tennessee, and was the parent company of Pinnacle Airlines and Colgan Air until Colgan was closed down in 2012. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. sale Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). EVP-Chief Cust Experience Offr Allison C Ausband 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.
Delta exits bankruptcy after 19-month restructuring | Reuters sale ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. The car was built by Budd in 1952 as a business car for the Chicago, Burlington & Quincy RR.
Who Runs Fort Worth? - D Magazine Today Delta is worth only $6.7 billion and Grinstein - and his team - are gone. Delta entered more than 50 new international markets between 2005 and 2007 and since its merger with Northwest Airlines in 2008 has become the world's largest carrier. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. sale Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause.
Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Gurus may be added or dropped from the GuruFocus site at any time. Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 3Three-year total. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. In November 2006, US Airways launched an unsolicited hostile takeover bid for Delta, which Grinstein and his executive team led by Jim Whitehurst and Edward Bastian defeated by supporting the employee-led "Keep Delta My Delta" campaign. He was just everywhere.. and Mr. Grinstein grew up in a prominent Seattle family.
Edward H. Bastian Net Worth (2023) | wallmine Gerald Grinstein Wikipedia Republished // WIKI 2 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. Hmmm. [3].
BUSINESS PEOPLE; Burlington Northern Names 2 Executives ""Our rhetoric was terrific, but the performance wasn't there." In November 2006, US Airways launched an unsolicited hostile takeover bid for Delta, which Grinstein and his executive team led by Jim Whitehurst and Edward Bastian defeated by supporting the employee-led "Keep Delta My Delta" campaign. Methodology: Fundamental company data provided by Morningstar, updated daily. Jerry 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. Efficiency rank is based on our chief executive's performance/pay score. In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. Wise counsel from a wise man: Do one thing well. 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. Jerry is also a board member of the William D. Ruckelshaus Center. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. Gerald Grinstein was born on 06/26/1932 and is 90 years old. Life is short. a net Gerald Ronson earned the money being a professional Philanthropist. ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. ,
Gerald Grinstein - NNDB This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. Email. . Though environmentalists would like to cite him as an example of big business concern for the environment, he says . Delta Air Service was incorporated on December 3, 1928, and named after the Mississippi Delta region. 2023 Cascade Public Media. Terms of Use and Privacy Policy. Even today, this paint scheme is simply referred to as either "Grinstein" or "Executive" paint and many of the SD70MACs on the roster still sport this scheme. Director Thanh Tan details the personal journey that inspired the first season of Crosscut Origins. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN).
Bill Gates Set To Sell Old Home To Family Friend sale Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. It was a dance of identical twins with one time-traveling sibling three decades younger than the other. 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.
Average Net Worth by Age: How Do You Compare? - NerdWallet and Gerald Grinstein is the director of PACCAR Inc.
Gerald Grinstein Net Worth Lyn Grinstein politely declined to say how much the house will cost. Gerald Grinstein made 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. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. gerald grinstein net worth. sale Since 2001, the annual presidential salary has been set at $400,000. A year ago, we served together on a foundation finance committee. A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. In summary, during the past 3 months, insiders sold 30,856 shares of Delta Air Lines Inc (DAL) in total and bought 12,880 shares, with a net Some of our most successful entrepreneurs are really inventors at heart. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. In the meantime, the Grinsteins are renting a home nearby. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. , This investment adviser does not provide advice to individual investors. a net There was a dervish-style coherence to his method, but I was clueless. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Mitsubishi Signs $1.9b Commuter Rail Deal With Manila: Nikkei, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, John Malone andCharter Directors Agree to $87.5 Million Settlement, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Between Rounds of Golf, Trumps Searching for the Perfect DeSantis Diss, Your Saturday UK Briefing: Sunak Chalks Up a Win as the Budget Looms, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. Edward H. Bastian is an American business executive. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Wallmine is a radically better financial terminal.
George Seeley Net worth, Height, Bio,Career, Relation, Fact, Social Media By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. EVP - Chief of Operations John E Laughter David Brown . 51.5 million families are in this group. Things didn't work out as Grinstein had hoped. He granted himself an annual salary of $450,000 with no bonuses or stock options, well below the multimillion-dollar compensation packages accepted by Mullin and his top executives at a time when Delta was losing billions of dollars. ", "Congress Looks at Possible Delta-US Air Merger. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. The analogy sounded a little too simple. GuruFocus.com is not operated by a broker or a dealer. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. After six months, he came up for review. 1. , He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. Grinstein received the Railroader of the Year award in 1996.[3]. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. of 29,672 shares made by Joanne D Smith Footnotes: purchase
Gerald Grinstein | Madrona and Gerald Grinstein of Burlington Northern Inc.; . His new salary was set at $17,600. Peter Jackson is the former editorial-page editor of the Everett Herald.
Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting Gerald Grinstein Net Worth (2023) | wallmine & CHIEF TECH. When the company emerged from Chapter 11 in 2007 . Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines.He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Jerry 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. . At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion.
Gerald Grinstein - WikiMili, The Best Wikipedia Reader . George Washington's salary of $25,000 was . 1:06. sale During the past 18 months, 5,120 shares of The Brink's Co (BCO) were sold and 10,000 shares were bought by its insiders, resulting in a net The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. 1. We'll focus on the median and average net worth figures for different age groups: Age of head of family. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. And when we say own, we include assets that you may still be paying for, such as a car or a house . We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. 10Includes shares indirectly held. When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant.
200 + Signatories on MFAN's Open Letter | MFAN On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. HOME PAGE FOR THE WORLD'S BUSINESS LEADERS. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. of 0 shares. The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. Grinstein and his wife Carolyn live in Medina, Washington. Grinstein also oversaw a major restructuring of Delta's network footprint, closing the airline's DallasFort Worth hub and cutting domestic flight schedules across the remaining hubs in an effort to redeploy aircraft and personnel to more profitable international markets. Follow him on Twitter @phardinjackson. Gerald Grinstein was American air transportation executive. Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. UAL held a 100 percent controlling interest in United Airlines, Inc., one of the world's largest air carriers, and is a founding member of the Star Alliance. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Gerald Grinstein Total Compensation $0.45 mil (#490) 5-Year Compensation Total NA Gerald Grinstein has been CEO of Delta Air Lines for 2 years. It is mandatory to procure user consent prior to running these cookies on your website. Too many, however, have boosted vanity projects or expressed do-gooderism as an extension of themselves. In Fort Worth, The Civilized West, . Keith had the good judgment to concentrate on a few community totems and behind-the-scences volunteering that employed his skills as an investment guru. I continued pressing. (Gerald Grinstein says)(Brief Article). In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. sale (Rob Krebs, president and CEO of Burlington Northern Santa Fe Corp., and former head of Santa Fe prior to the merger; Jerry Grinstein, retired chairman of Burlington Northern Santa Fe Corp.)(Cover Story). sale U.S. indexes are delayed at least 15 minutes with the exception of Nasdaq, Dow Jones Industrial Average and S&P 500 which are 2 minutes delayed. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC.
Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ . These cookies will be stored in your browser only with your consent. Relative to market is the ending value of $100 invested in the stock, divided by the ending value of $1 invested in the S&P 500 (a score of 100 = the S&P 500).
Burlington Northern Santa Fe Railway | Encyclopedia.com Anderson inherited an angry board of directors and impatient . Calculating net worth is one way to gauge financial health. of 4,880 shares. [8], ""Our rhetoric was terrific, but the performance wasn't there." 2Four-year total. Over the past 18 months, He became CEO of Delta in 2004, a time of financial crisis for the airline. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. C.E. Keith moved on to Georgetown Law School and an inspired career in telecommunications and venture capital, the kind of work where a 10 percent raise carries a bit more oomph. [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. He is the former non-executive chairman of Agilent Technologies and former chairman and CEO of Burlington Northern Inc. (BNI), where he oversaw the companys acquisition of Santa Fe Pacific Corporation, which created the nations largest railroad. , Other recent insider transactions involving Delta Air Lines Inc (DAL) include Grinstein also set about regaining the trust and confidence of Delta's employees. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. Seattle Times researcher David Turim contributed to this story. The estimated Net Worth of Gerald Grinstein is at least Delta Air Lines stock worth over $38,620 and over the last 18 years Gerald sold DAL stock worth over $0 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. of 57,951 shares made by Harrie Schippers Gerald Grinstein has been CEO of Delta Air Lines for 1 years. 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. Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. purchase On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. The Bottom Line. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Grinstein also set about regaining the trust and confidence of Delta's employees. Refer a Friend and Earn One Month of Free Membership. Gerald Grinstein made He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. Jerry Grinstein is Founding Partner at Harkness Capital Partners LLC. 3 U.S. domestic carrier, on Monday emerged from Chapter 11 bankruptcy protection Three years into his tenure as CEO, he also was named Board Chairman of the International Air Transport Association (IATA), representing the worlds airlines. He reduced his own pay by 25%, to approximately $325,000 per year.
Presidential wealth: The net worth of every American president - USA TODAY Delta Air Lines is a major American airline. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates.
Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. The current estimated net worth of Delta Air Lines Inc's Chief Executive Officer, Gerald Grinstein, is estimated to be about $883.35K .Gerald Grinstein owns . Other key executives at Delta Air Lines Inc include 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. 74th St., Redmond, WA 98052, or another charity. Total returns and value of stock owned (including all classes) is based on Mar. Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea.
LOSSES STACK UP AMONG AIRLINES - Orlando Sentinel He became CEO of Delta in 2004, a time of financial crisis for the airline. He became CEO of Delta in 2004, a time of financial crisis for the airline. Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned.
Chicago, Burlington & Quincy Railroad, Burlington Northern | Flickr "The timing seemed right," Lyn Grinstein said.
Average Net Worth by Age - SmartAsset Gerald Ronson is from British. of 17,976 shares. Gerald Grinstein owns over 1,000 units of Delta Air Lines stock worth over $39,030 and over the last 19 years Gerald sold DAL stock worth over $0. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. A decade later it had acquired Piedmont Airlines and Pacific Southwest Airlines (PSA), and was one of the U.S.'s seven transcontinental legacy carriers. a net Grinstein received the Railroader of the Year award in 1996. Mr. Grinstein has been with the company for one year . It is computed as the product of the total number of outstanding shares and the price of each share. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Fue director ejecutivo de Burlington Northern Railroad de 1985 a 1995 y se uni a la junta directiva de Delta en 1987. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. Looking for some big-brother-ish guidance a few years back, I met up with Keith at the Montlake neighborhood Starbucks. OFFICER John N Rich His mother, Rosalie Alhadeff, is part of the family that created the Longacres horse-racing track in Renton.
Gerald Grinstein - Harkness Capital Partners Grinstein was the CEO of Delta Air Lines from 2004 to 2007. You must have JavaScript enabled to use this form. He had an incredible sense of humor. Gerald Grinstein, 56 years old, will take over as president and chief executive of Burlington Northern, effective Jan. 1. It's a community that's done enormous good, recasting funding priorities and embracing transparency. no insider transaction in PACCAR Inc (PCAR). Keith was, make no mistake, a frenetic presence.
Gerald Grinstein Net Worth (2023) | wallmine 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. BNSF 1 Gerald Grinstein - (SLIDER JAKE) BNSF 1 Gerald Grinstein - (THE RAILFAN.NET USERNET ABPR PHOTO ARCHIVES) BNSF 1 Gerald Grinstein - (THE RAILFAN.NET USERNET ABPR PHOTO ARCHIVES) BNSF 1 Gerald Grinstein - (J. He returned to Madrona in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. Then you get to live here.. Powered by its employees around the world, Delta has for a decade led the airline industry in operational excellence while maintaining its reputation for award-winning customer service. Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). Hollis Loyd Harris served as President and COO of Delta Air Lines (1987-1990) and Chairman, President, and CEO of Continental Airlines (1990-1991), Air Canada (1992-1996), and World Airways (1999-2004). [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway.
Gerald Grinstein - Co-Founder and Strategic Director @ Madrona Delta Air Lines Inc (DAL) Del Quentin Wilber. 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. 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. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. 4. [4] Grinstein embarked on a number of cost-cutting measures, including a major out-of-court restructuring of the company's long term debt and outsourcing of some heavy aircraft maintenance and ramp handling operations. It also operates additional companies that provide associated services. Over the last 20 years, insiders at Delta Air Lines have traded over $1,301,099,874 worth of Delta Air Lines stock and bought 6,749,673 units worth $322,412,006 NA: Not available or not applicable. Gerald Grinstein Strategic Director. Primary Income source Philanthropist (profession). He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. Born: c. 1932 Birthplace: Seattle, WA Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Nationality: United States Executive summary: CEO of Delta Air Lines, 2004-07 Wife: Lyn (four children) University: Yale University (1954) Law School: Harvard Law School (1957) Administrator: Regent, University of Washington (1998-2004) Sanjay Gupta's net worth is $12 million. Gerald Grinstein Net Worth (2022) | wallmine Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Founding Partner, Harkness Capital Partners LLC.