It is mandatory to procure user consent prior to running these cookies on your website. , He served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. The car was built in 1952 for then CB&Q President Harry Murphy. Bar: District of Columbia, Washington. Let us take the example of Apple and Amazon. In addition, he makes $615,987 as CEO & Director at Delta Air Lines. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Northwest also performed worse than expected, losing $5.07 a . Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 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. . Gerald Grinstein, CEO Compensation - Forbes.com Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. EVP - Chief of Operations John E Laughter Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. [8], ""Our rhetoric was terrific, but the performance wasn't there." sale Gerald Grinstein Net Worth (2022) - GuruFocus.com The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Other key executives at Delta Air Lines Inc include It was also, again, a $16,000 position. and 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). of 22,000 shares made by David S Taylor Gerald Grinstein is the director of PACCAR Inc. He was 48. Gerald Grinstein profile | Delta News Hub Del Quentin Wilber. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. BUSINESS PEOPLE; Burlington Northern Names 2 Executives 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. 4Less than 0.01%. Prior to working at Delta in 2001, he served as Vice President and Director of the Boston Consulting Group and held various management roles at its Chicago, Hong Kong, Shanghai and Atlanta offices. 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. EVP-Chief Cust Experience Offr Allison C Ausband Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. no insider transaction in PACCAR Inc (PCAR). Bressler retired in 1990, and Grinstein assumed the additional post of chairman. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. no insider transaction in The Brink's Co (BCO). The company filed for bankruptcy protection under Chapter 11 in 2012 and emerged from Chapter 11 in 2013 as a wholly owned subsidiary of Delta Air Lines. That could happen sometime this summer or fall, she says. Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. However, their market capitalization Market Capitalization Market capitalization is the market value of a company's outstanding shares. 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. , Keith Grinstein, 1960-2008: Exec had heart for community - seattlepi.com . Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. 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 . 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. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. It has three transcontinental routes that provide rail connections between the western and eastern United States. Gerald Grinstein is the director of The Brink's Co. Gerald Grinstein Net Worth (2022) | wallmine Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. "Until we create an independently supported black institution, a financial safety net, for those . William Douglas Parker is an American businessman who is the current Chairman and CEO of American Airlines Group, Inc., the parent company of American Airlines. LOSSES STACK UP AMONG AIRLINES - Orlando Sentinel The Brink's Co (BCO) He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. Average Net Worth by Age - SmartAsset Even before that, every president has been paid well. 4. , It was an improvement over the first quarter of 2003, when Delta reported $466 million in losses as the Iraq war kicked off and the SARS outbreak in Asia caused international travel to plummet . He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. sale He had an incredible sense of humor. On average, Gerald trades about 200 units every 0 days since 2004. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. a net Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. sale purchase 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. 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. Mr. Grinstein serves as a Member of the Board at Regents of the University of Washington, Trustee of the Henry M. Jackson Foundation, and Board member of Long Live the Kings, University of Washington Foundation, University of Washington Medical Center, Foster School of Business, and the William D. Ruckelshuas Center. 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. After Delta, Mullin has emerged as a leader in both the public and private sectors, serving other companies and continuing to be a philanthropic contributor. 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. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. US Airways Group Inc. was an airline holding company based in Tempe, Arizona. Mr. Grinstein is a co-founder of Madrona Venture Group. He returned to Madrona in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. Burlington Northern operated between 1970 and 1996. He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. 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. 24/7 Wall Street. (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). Director Thanh Tan details the personal journey that inspired the first season of Crosscut Origins. A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. 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. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. He was succeeded by Richard Anderson, a former Northwest Airlines executive. [8]. It was Keith's public-service baptism, the ballast for later life. Over the past 18 months, Gerald Grinstein EducacinyCarrera de negocios . He became CEO of Delta in 2004, a time of financial crisis for the airline. He was focused, effective, and (and I mean this) understated. 5Prior-year data. "Michael Jordan," Keith said. Past performance is a poor indicator of future performance. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. We know that Gerald's political affiliation is . PACCAR Inc (PCAR) 0:01. When the company emerged from Chapter 11 in 2007 . In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. gerald grinstein net worth - wellofinspiration.stream [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. He became CEO of Delta in 2004, a time of financial crisis for the airline. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). Calculating net worth is one way to gauge financial health. Gerald Grinstein has been CEO of Delta Air Lines for 1 years. Delta Air Lines Inc (DAL)'s detailed insider trading history can be found in Insider Trading Tracker table. Gerald Grinstein - Address & Phone Number | Whitepages gerald grinstein net worth and From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). It was humbling. George Washington's salary of $25,000 was . of 3,017 shares made by Todd R Hubbard He became CEO of Delta in 2004, a time of financial crisis for the airline. 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. What Is Net Worth? - The Balance ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. He is the former non-executive chairman of Agilent Technologies, and former chairman and CEO of Burlington Northern (BNI), where he oversaw. 2023 Harkness Capital Partners | Admin Login, CEO: Delta Air Lines; Burlington Northern Inc.; Western Airlines, Chairman: Delta Air Lines; Burlington Northern Inc.; Western Airlines, Board Member: Aligent Technologies; Light Sciences Corporation; Browning-Ferris Industries; VANS, Inc.; Imperial Sugar Co,; PACCAR Inc.; Sunstrand Corporation; Foundation Bank; ThinkFire Services USA; Portland General Electric Co.; The Brinks Company; Pittston Minerals Group; Vascular Reconditioning Inc; Bax Global; Expedia.com, Private Equity Boards: Kane is Able; Jacobson Companies; Co-Founder, Madrona Investment Group: Advisor, Oak Hill Capital Partners. [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. Fundamental company data provided by Morningstar, updated daily. sale Years later, Keith would rib his former boss, chief-of-staff Denny Miller. 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. Gerald Grinstein - Co-Founder and Strategic Director @ Madrona He was beloved by many, many people.. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. Terms of Use and Privacy Policy. 1:06. Gerald Grinstein was American air transportation executive. Other recent insider transactions involving The Brink's Co (BCO) include MFAN's Open Letter to the President on the U.S. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Gerald Grinstein. 200 + Signatories on MFAN's Open Letter | MFAN of 32,650 shares made by R Preston Feight Net Worth - Overview, How To Calculate, NW Method With the merger that formed The Burlington Northern, the car became the "Mississippi River" and remain in the business car fleet changing name to "Gerald . He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . All Rights Reserved. . NM: Not meaningful. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. 30, 2006 stock price. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. 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. On the first anniversary of Russia's invasion, dozens gathered at St. Johns Episcopal Church to honor the lives lost. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. I think of Madrona not only as a source of capital but of business strength that takes an innovation and moves it into the marketplace.. 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 How to Calculate Net Worth of a Company | Formula | Top Examples 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. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. In the meantime, the Grinsteins are renting a home nearby. VICE PRESIDENT/GENERAL COUNSEL Michael K Walton Edward H. Bastian Net Worth (2023) | wallmine Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. Gerald Grinstein made He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. "Some of our most successful entrepreneurs are really inventors at heart. By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Who Runs Fort Worth? - D Magazine Total compensation for each chief executive includes the following: salary and bonuses; other compensation, such as vested restricted stock grants, LTIP payouts and perks; and stock gains, the value realized by exercising stock options. 3 U.S. domestic carrier, on Monday emerged from Chapter 11 bankruptcy protection Controller Michael E Sweeney Every Sunday morning, Crosscut's weekly email sums up the best stories of the week. Mr. Grinstein grew up in a prominent Seattle family. 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 Refer a Friend and Earn One Month of Free Membership. Keith Grinstein wheeled and dealt as a high-powered lawyer and executive who earned his spot at the top of Seattle's high-tech and . a net She did say the couple plan to make some changes. 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. Will His AI Plans Be Any Different? Total returns and value of stock owned (including all classes) is based on Mar. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. sale Over the past 18 months, Gerald Grinstein - Harkness Capital Partners John Scott Kirby is an American executive currently serving as CEO of United Airlines. 10 Things You Didn't Know about Delta CEO Edward Bastian - Money Inc Net worth totals vary by education, age, income and other factors. 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 He was succeeded by Richard Anderson, a former Northwest Airlines executive. Other recent insider transactions involving PACCAR Inc (PCAR) include Previously, he served as the Chairman and Chief Executive Officer at Western Air Lines Inc. and as the Chairman and CEO of Burlington Northern Inc. , 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. "I don't think we'll be as interesting.". "We might remodel, we might start over again. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. 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. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. Gerald Grinstein Net Worth (2022) | wallmine One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. It was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930. of 29,672 shares made by Joanne D Smith Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. 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? A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. It also operates additional companies that provide associated services. 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. California Weighs $360,000 in Reparations to Eligible Black Residents. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. sale US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. In 1997 Harris and Steve Wolf signed a strategic agreement between Air Canada and United Airlines, producing what is now the Star Alliance, which grew to become the world's largest global airline alliance. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. "Some of our most successful entrepreneurs are really . [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. purchase Stock quotes provided by InterActive Data. Since 1987, he had been a director of Delta Air Lines and served as Delta's non-executive chairman from August 1997 until October 1999. Other key executives at PACCAR Inc include A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. 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. HOME PAGE FOR THE WORLD'S BUSINESS LEADERS. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. read more (market . After overseeing the firm's survival through bankruptcy and implementing a . Necessary cookies are absolutely essential for the website to function properly. I began to wax Bohemian. of 0 shares. In Fort Worth, The Civilized West, . of 350,919 shares. , ", "Congress Looks at Possible Delta-US Air Merger. Exchange trademark and copyright notices. no insider transaction in Delta Air Lines Inc (DAL). a net 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. BNSF "Gerald Grinstein" business car - Trainorders.com Discussion And when we say own, we include assets that you may still be paying for, such as a car or a house . 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. Wells. Gerald Grinstein - WikiMili, The Best Wikipedia Reader 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 example, we've denoted them as current net worth (NWc) and past net worth (NWp). According to BRHS Burlington Bulletin #17, when informed that Budd was building a similar car for AT&SF President Fred Gurley (a former Q official), Murphy left the design details of the new car up to the Mechanical . Gerald Grinstein Net Worth (2023) | wallmine 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. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. The 72 year old executive ranks 12 within Transportation Chief executive . See Jerry Grinstein's compensation, career history, education, & memberships. Start a company in the Pacific Northwest. He worked as a lawyer in New York and Washington, D.C., before returning to Seattle in the late 1980s to join McCaw Cellular Communications (later AT&T Wireless Services). Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled.
What Is A Melee Kill In Call Of Duty, 3 Bases En Or, Celebrities With Burning Mouth Syndrome, Kevyn Aucoin Medium Lip Liner Dupe, Articles G