I began to wax Bohemian. Lyn Grinstein politely declined to say how much the house will cost. 2004-2023 GuruFocus.com, LLC. Northwest also performed worse than expected, losing $5.07 a . Jerry Grinstein, Harkness Capital Partners LLC: Profile and Biography Calculating net worth is one way to gauge financial health. He became CEO of Delta in 2004, a time of financial crisis for the airline. Delta-Northwest: A merger that won't work - Feb. 21, 2008 - CNN Business 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. sale 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. He reduced his own pay by 25%, to approximately $325,000 per year. gerald grinstein net worth - albakricorp.com Gurus may be added or dropped from the GuruFocus site at any time. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. ", "Delta Air Lines needs to cut costs, says CEO. 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. no insider transaction in PACCAR Inc (PCAR). C.E. 1. According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." 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. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ 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. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. 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. Looking for some big-brother-ish guidance a few years back, I met up with Keith at the Montlake neighborhood Starbucks. Things didn't work out as Grinstein had hoped. Wallmine is a radically better financial terminal. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. Re: BNSF "Gerald Grinstein" business car. What is Gerald Grinstein's Net Worth? He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. James Moon Whitehurst is an American business executive. 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. 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) Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. purchase A native of Wytheville, Virginia, Carp currently lives in Naples, Florida. (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). For example, if someone owes more than the total value of their assets, they have a negative net worth. In addition to his work in medicine and broadcast journalism, he has . Wherever he landed in life or career, Keith was bound to a legacy of service. 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 Gerald Grinstein Net Worth (2023) | wallmine 8Received options or restricted stock in lieu of portion of salary. By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. He served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. 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. sale Gerald Grinstein owns over 1,000 units of Delta Air Lines stock worth over $32,120 and over the last 19 years Gerald sold DAL stock worth over $0. It is important to find the opening and closing net worth using the same asset value . 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. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. 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. 0:01. The estimated Net Worth of Edward H Bastian is at least $56.8 Million dollars as of 31 August 2022. George Seeley Net worth, Height, Bio,Career, Relation, Fact, Social Media 5Prior-year data. and Edward H. Bastian Net Worth (2023) | wallmine Average Net Worth by Age - SmartAsset GuruFocus.com is not operated by a broker or a dealer. Refer a Friend and Earn One Month of Free Membership. Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Though environmentalists would like to cite him as an example of big business concern for the environment, he says . 10Includes shares indirectly held. Gerald B Grinstein, 90 - Seattle, WA - Reputation & Contact Details WOODS) BNSF 1 Gerald Grinstein - (E.C. His mother, Rosalie Alhadeff, is part of the family that created the Longacres horse-racing track in Renton. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. no insider transaction in The Brink's Co (BCO). Burlington Northern Santa Fe Railway | Encyclopedia.com sale Gerald Grinstein - NNDB Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . 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) . 2Four-year total. David Brown According to Wikipedia, Forbes, IMDb & Various Online resources, famous Philanthropist Gerald Ronson's net worth is $1-5 Million at the age of 80 years old. Mr. Grinstein is a co-founder of Madrona Venture Group. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. of 1,500 shares made by Timothy Joseph Tynan In 1997, it rebranded as US Airways. Mr. Grinstein grew up in a prominent Seattle family. After six months, he came up for review. He was 48. Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . These cookies will be stored in your browser only with your consent. The latest Delta Air Lines news covering business, health and safety, leadership, routes and waivers, Delta people, our values and more. V.P. OFFICER John N Rich The Grinsteins have had their eye on the mansion for quite a while. 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 why was carrie's sister dropped from king of queens . His father, Gerald Grinstein, is a former CEO of Burlington Northern and Delta Air Lines. 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 The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. 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. . of 0 shares. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. . ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). By. of 32,650 shares made by R Preston Feight ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. 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. 1:06. , BOX 20574, ATLANTA, GA, 30320. Grinstein received the Railroader of the Year award in 1996.[3]. ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times, https://en.wikipedia.org/w/index.php?title=Gerald_Grinstein&oldid=1078844912, This page was last edited on 23 March 2022, at 16:58. Peter Jackson is the former editorial-page editor of the Everett Herald. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. "Some of our most successful entrepreneurs are really . UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. Fundamental company data provided by Morningstar, updated daily. Jerry is also a board member of the William D. Ruckelshaus Center. Jerry Grinstein, past CEO of Delta, to be Orser Executive Speaker on Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. WOODS) BNSF 1 Gerald Grinstein - (J. 3Three-year total. 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. 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. Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. & CHIEF TECH. 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. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. . Other key executives at The Brink's Co include It was a dance of identical twins with one time-traveling sibling three decades younger than the other. gerald grinstein net worth 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. and . From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. 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. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. This website uses cookies to improve your experience while you navigate through the website. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. Past performance is a poor indicator of future performance. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. Gerald Grinstein, CEO of Delta Air Lines (DAL), Earns $382,207 - Forbes One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. 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. ", "Congress Looks at Possible Delta-US Air Merger. 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. 9Received options or restricted stock in lieu of portion of bonus. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. of 17,976 shares. El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . NA: Not available or not applicable. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Grinstein also set about regaining the trust and confidence of Delta's employees. Added: Jun 27, 2019. BUSINESS PEOPLE; Burlington Northern Names 2 Executives of 111,326 shares. No matter what the situation was, he could always find the light side.. The route network covered destinations in 47 states, as well as international destinations. To witness Keith together with his dad, Gerry, a former hand of Sen. Warren Magnuson and the recent former Delta Air Lines CEO, was to experience the science fiction of H.G. 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 Terms of Use and Privacy Policy. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. Anderson inherited an angry board of directors and impatient . The car was built in 1952 for then CB&Q President Harry Murphy. It may be a sin to use the subjunctive tense, especially about a life interrupted, but Keith's biography would have tracked with the Northwest's Jim Ellis and Eddie Carlson, innovators who knit together business savvy, public vision, and community values. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits. 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. 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. [3]. 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. sale 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. All Rights Reserved. purchase "Michael Jordan," Keith said. 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. The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. All Rights Reserved. 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. Gerald Grinstein profile | Delta News Hub gerald grinstein net worth - wellofinspiration.stream Bill Gates Set To Sell Old Home To Family Friend Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. He became CEO of Delta in 2004, a time of financial crisis for the airline. Footnotes: EVP Daniel J Castillo of 4,880 shares. Presidential wealth: The net worth of every American president - USA TODAY 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. Other key executives at PACCAR Inc include Mr. Grinstein is a co-founder of Madrona Venture Group. 1470: BNSF 1: Gerald Grinstein: Budd: 1952: Business 2 suites, Buffet, w/kitchen lounge: ex-CB&Q: 1471: BNSF 4: Missouri River: Pullman: 1955: Business 2 suites . Compensation percent change is based on combined salary and bonus. We'll focus on the median and average net worth figures for different age groups: Age of head of family. In summary, during the past 3 months, insiders sold 153,713 shares of PACCAR Inc (PCAR) in total and bought 0 shares, with a net read more (market . On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. Musk Made a Mess at Twitter. Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. He was 48. Keith Grinstein, 1960-2008: Exec had heart for community. He was focused, effective, and (and I mean this) understated. Its trucks are sold through over 2,300 independent dealers globally. and Gerald Grinstein of Burlington Northern Inc.; . Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines .
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