From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. Picture a young-end Baby Boomer as a throwback to . "Some of our most successful entrepreneurs are really inventors at heart. It's a community that's done enormous good, recasting funding priorities and embracing transparency. (Gerald Grinstein says)(Brief Article). 1. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. purchase Net worth totals vary by education, age, income and other factors. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. C.E. VICE PRESIDENT/GENERAL COUNSEL Michael K Walton Gerald Grinstein | Madrona Leo F. Mullin is an American executive and civic activist who served as CEO and Chairman of Delta Air Lines (1997-2004). 10 Things You Didn't Know about Delta CEO Edward Bastian - Money Inc Calculating net worth is one way to gauge financial health. Operating Investors and Operators. Compensation rank is based on total compensation for latest fiscal year. James Moon Whitehurst is an American business executive. This website uses cookies to improve your experience while you navigate through the website. In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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 . ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. "Until we create an independently supported black institution, a financial safety net, for those . , Net Worth Defined: What Is My Net Worth? - NerdWallet gerald grinstein net worth - anmolsahota.com 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). trader joe's chocolate ganache cake LIVE; madison 56ers apparel; gerald grinstein net worth. Mr. Grinstein is a graduate of Yale College and Harvard Law School. Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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 . A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Anderson inherited an angry board of directors and impatient . Mr Bastian owns over 47,500 units of Delta Air Lines stock worth over $15,301,796 and over the last 18 years he sold DAL stock worth over $40,887,727. of 153,713 shares. It is mandatory to procure user consent prior to running these cookies on your website. a net 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. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . Wells. 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 So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Follow him on Twitter @phardinjackson. 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. ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. Re: BNSF "Gerald Grinstein" business car. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. ", 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. 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 one year . , 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. BNSF No. why is accuracy important in customer service. Median net worth . 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. of 4,880 shares. Wallmine is a radically better financial terminal. Delta Air Lines Inc (DAL) Gerald Grinstein is the director of PACCAR Inc. 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 1990s, Keith became a member of Seattle's dot-com aristocracy, those youngins who shoveled their Gold Rush loot and remade local philanthropy. In addition to his work in medicine and broadcast journalism, he has . NA: Not available or not applicable. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. Gerald Grinstein has been CEO of Delta Air Lines for 1 years. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. NM: Not meaningful. V.P. gerald grinstein net worth - wellofinspiration.stream All content in this area was uploaded by Mark Tatge on Feb 28, 2015 Vice President Paulo Henrique Bolgar 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. of 0 shares. Refer a Friend and Earn One Month of Free Membership. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. He became CEO of Delta in 2004, a time of financial crisis for the airline. "We aren't sure what we will do with it," she said. BNSF "Gerald Grinstein" business car - Trainorders.com Discussion , Gerald Grinstein - Harkness Capital Partners [3]. Gerald Grinstein Net Worth (2007) Delta Air Lines Inc Insider Trades , 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. Gerald Grinstein - Address & Phone Number | Whitepages And he thrives.". ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. 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. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. 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. Gerald Grinstein EducacinyCarrera de negocios In 2003, much to his surprise, the state's revenue agency presented him with a bill for $25 million, including penalties and interest, for the previous four years' worth of art purchases. Today Delta is worth only $6.7 billion and Grinstein - and his team - are gone. We also use third-party cookies that help us analyze and understand how you use this website. sale [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. Grinstein was the CEO of Delta Air Lines from 2004 to 2007. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. BOX 20574, ATLANTA, GA, 30320. gerald grinstein net worth. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. This investment adviser does not provide advice to individual investors. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Gerald B Grinstein, 90 - Seattle, WA - Reputation & Contact Details ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub Gerald Grinstein is the director of The Brink's Co. He became CEO of Delta in 2004, a time of financial crisis for the airline. The most recent stock trade was executed by Joanne D Smith on 28 February 2023, trading 4,846 units of DAL stock currently worth $186,232. He became CEO of Delta in 2004, a time of financial crisis for the airline. Over the past 18 months, "We might remodel, we might start over again. 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. , Terms of Use and Privacy Policy. After overseeing the firm's survival through bankruptcy and implementing a . 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. He reduced his own pay by 25%, to approximately $325,000 per year. . 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", "Congress Looks at Possible Delta-US Air Merger. The most efficient rank is 1 and least efficient is 189. In addition, he makes $615,987 as CEO & Director at Delta Air Lines. Gerald Grinstein was born on 06/26/1932 and is 90 years old. 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) Lee Moak is a government relations and public affairs consultant and one of the founders of The Moak Group, a public affairs, advocacy, and business consulting firm located in Washington, D.C. Before joining Delta Air Lines and working his way up to a B-767 Delta Air Lines captain, Moak served as a Marine Corps pilot, and as president of the Air Line Pilots Association, International (ALPA), the world's largest non-governmental aviation safety organization. Grinstein received the Railroader of the Year award in 1996.[3]. I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." She did say the couple plan to make some changes. Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . I was acting the obnoxious Hamlet. 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. Art collectors divided over tax issue - seattlepi.com , . You must have JavaScript enabled to use this form. 63 Gerald Grinstein Premium High Res Photos - Getty Images Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. . Life is short. Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 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. He was succeeded by Richard Anderson, a former Northwest Airlines executive. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. However, their market capitalization Market Capitalization Market capitalization is the market value of a company's outstanding shares. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. 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. 7Less than $100,000. why was carrie's sister dropped from king of queens . The middle 40% of U.S. families own 22% of the wealth. But opting out of some of these cookies may affect your browsing experience. ", "Delta Air Lines needs to cut costs, says CEO. California Weighs $360,000 in Reparations to Eligible Black Residents. 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. The Grinsteins have had their eye on the mansion for quite a while. Methodology: 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. of 32,650 shares made by R Preston Feight Bill Gates bought the place from Sikma in 1993 for $8 million. Mr. Grinstein grew up in a prominent Seattle family. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. 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. Mr. Grinstein is a co-founder of Madrona Venture Group. WOODS) BNSF 1 Gerald Grinstein - (J. He became CEO of Delta in 2004, a time of financial crisis for the airline. and BNSF Railway is one of the largest freight railroads in North America. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. of 24,590 shares made by William C Carroll 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 Over the past 18 months, Gerald Grinstein for Ed Bastian's 20 year pinning. 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. Delta-Northwest: A merger that won't work - Feb. 21, 2008 - CNN Business Footnotes: 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. a net 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. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ Years later, Keith would rib his former boss, chief-of-staff Denny Miller. A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. sale Click here to see the complete history of Gerald Grinsteins form 4 insider trades. 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. BUSINESS PEOPLE; Burlington Northern Names 2 Executives Over the past 18 months, Gerald Grinstein - NNDB There isnt anyone in business in Seattle who doesnt know Keith. Hmmm. Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Gerald Grinstein, CEO of Delta Air Lines (DAL), Earns $382,207 - Forbes . (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 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. 2023 Cascade Public Media. (PDF) Flight Capital; Gerald Grinstein put bankrupt - ResearchGate Edward H. Bastian Net Worth (2023) | wallmine Gerald Grinstein Net Worth (2023) | wallmine Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Total returns and value of stock owned (including all classes) is based on Mar. 4. He was 48. 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. What should I do with my life? "Until we create an independently supported black institution, a financial safety net, for those . 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. 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. These cookies will be stored in your browser only with your consent. Other key executives at Delta Air Lines Inc include The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). of 350,919 shares. Keith was, make no mistake, a frenetic presence. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. In 1997, it rebranded as US Airways. . The latest Delta Air Lines news covering business, health and safety, leadership, routes and waivers, Delta people, our values and more. It was humbling. Let us take the example of Apple and Amazon. Presidential wealth: The net worth of every American president - USA TODAY Wherever he landed in life or career, Keith was bound to a legacy of service. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. 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. Grinstein received the Railroader of the Year award in 1996. He spent a cool $71,000 for his Tesla, in large part because it is U.S. built, incorporates U.S. technology, and is the result of U.S. innovation. How to Calculate Net Worth of a Company | Formula | Top Examples Gerald Grinstein Wikipedia Republished // WIKI 2 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. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. and We use cookies to provide you with a great experience and to help our website run effectively. Bressler retired in 1990, and Grinstein assumed the additional post of chairman. One of eight North American Class I railroads, BNSF has 35,000 employees, 32,500 miles (52,300km) of track in 28 states, and nearly 8,000 locomotives. Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. Oil Producers Hand $128 Billionto Investors as Doubts Grow About Future of Fossil Fuels, Your Saturday Briefing: Trumps Comeback Plan, Wall Street Whistles Away, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows. 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). 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. 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. By. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. 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Net Worth - Overview, How To Calculate, NW Method Delta Air Lines is a major American airline. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. 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. 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. On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. It is important to find the opening and closing net worth using the same asset value .
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