Commitment to Global Development will be featured in a print ad this Thursday and you don't want to miss it. 1. US Airways Group Inc. was an airline holding company based in Tempe, Arizona. Refer a Friend and Earn One Month of Free Membership. It was meaningful do-gooderism as an end in itself. The latest Delta Air Lines news covering business, health and safety, leadership, routes and waivers, Delta people, our values and more. 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. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. Gerald Grinstein. 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). 2Four-year total. Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. sale Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. 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. 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. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. BNSF Railway is one of the largest freight railroads in North America. 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). Above is the net worth, insider trading, and ownership report for Gerald Grinstein. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. We also use third-party cookies that help us analyze and understand how you use this website. It is mandatory to procure user consent prior to running these cookies on your website. 74th St., Redmond, WA 98052, or another charity. 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) . of 4,880 shares. 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. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. Compensation rank is based on total compensation for latest fiscal year. and Gerald Grinstein of Burlington Northern Inc.; . The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Musk Made a Mess at Twitter. Wells. How federal weed legalization would impact Washington state, ArtSEA: Bronze books in Bellevue and a rush of Seattle readings, The egg shortage won't end anytime soon. . Leo F. Mullin is an American executive and civic activist who served as CEO and Chairman of Delta Air Lines (1997-2004). 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. . ", "Delta Air Lines needs to cut costs, says CEO. Its trucks are sold through over 2,300 independent dealers globally. For example, if someone owes more than the total value of their assets, they have a negative net worth. EVP Daniel J Castillo Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. James Moon Whitehurst is an American business executive. David Brown Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. , 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 . On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. 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 The couple already have found a buyer for the $8 million Medina mansion they now call home: family friend and former Burlington Northern Railroad Chairman Gerald Grinstein. The company's only surviving airline, Pinnacle, became Endeavor Air. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. a net He reduced his own pay by 25%, to approximately $325,000 per year. By using this website, you agree to our use of cookies. The use of the net worth method is demonstrated in the figure below. It was a dance of identical twins with one time-traveling sibling three decades younger than the other. purchase [8]. Other recent insider transactions involving PACCAR Inc (PCAR) include sale Over the past 18 months, Operating Investors and Operators. Author: burlingtonjohn. of 22,000 shares made by David S Taylor It also operates additional companies that provide associated services. a net 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. of 17,976 shares. He became CEO of Delta in 2004, a time of financial crisis for the airline. Grinstein received the Railroader of the Year award in 1996.[3]. The first step is to calculate the net worth of the individual at the start and end of the period. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. Allen, el hombre que, en la cumbre de su poder, haba detentado los ttulos de presidente, director ejecutivo y gerente general, fue despedido a la edad de 55 aos, sobre todo por haber matado el alma de la empresa. 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 Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. of 1,500 shares made by Timothy Joseph Tynan 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. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. CCAir, Inc. was a regional airline headquartered in Charlotte, North Carolina, United States. El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. Life is short. Compensation rank is based on total compensation for latest fiscal year. George Washington's salary of $25,000 was . To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Added: Jun 27, 2019. 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. no insider transaction in The Brink's Co (BCO). ""Our rhetoric was terrific, but the performance wasn't there." Friends and business associates said Monday they were struggling to cope with the news of his sudden death. Jerry is also a board member of the William D. Ruckelshaus Center. sale On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. of 3,017 shares made by Todd R Hubbard Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. (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). Fundamental company data provided by Morningstar, updated daily. 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. 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. He reduced his own pay by 25%, to approximately $325,000 per year. 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. MFAN's Open Letter to the President on the U.S. His father, Gerald Grinstein, is a former CEO of . A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. No matter what the situation was, he could always find the light side.. 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. 5Prior-year data. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. Just another site gerald grinstein net worth It is important to find the opening and closing net worth using the same asset value . A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. In the meantime, the Grinsteins are renting a home nearby. Other recent insider transactions involving The Brink's Co (BCO) include 2004-2023 GuruFocus.com, LLC. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. After overseeing the firm's survival through bankruptcy and implementing a . , 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. a net 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) Email. 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. why was carrie's sister dropped from king of queens . WOODS) BNSF 1 Gerald Grinstein - (E.C. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. Things didn't work out as Grinstein had hoped. 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. Gerald Ronson earned the money being a professional Philanthropist. It was humbling. Keith was, make no mistake, a frenetic presence. 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. Let us take the example of Apple and Amazon. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. 30, 2006 stock price. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. 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.. , Along the way, he seemed to breathe life into a line from Theodore Roethke's The Waking: "I learn by going where I have to go." By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. It's a "what if" that only magnifies the grief, the break of a generational thread that can't be mended. After six months, he came up for review. Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. Peter Jackson is the former editorial-page editor of the Everett Herald. ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. Delta Air Lines Inc (DAL) , Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. This website uses cookies to improve your experience while you navigate through the website. Annualized total return during tenure covers the tenure of the executive or from the time of the IPO or available stock history. It was also, again, a $16,000 position. All content in this area was uploaded by Mark Tatge on Feb 28, 2015 Gerald Grinstein made From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). Three years into his tenure as CEO, he also was named Board Chairman of the International Air Transport Association (IATA), representing the worlds airlines. 4Less than 0.01%. We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW. 1:06. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. Exchange trademark and copyright notices. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. "Some of our most successful entrepreneurs are really inventors at heart. HOME PAGE FOR THE WORLD'S BUSINESS LEADERS. You have to seize something now, something you love, and run with it.". Click here to see the complete history of Gerald Grinsteins form 4 insider trades. 24/7 Wall Street. 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. 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. He is the former non-executive chairman of Agilent Technologies, and former chairman and CEO of Burlington Northern (BNI), where he oversaw. sale What is Gerald Grinstein's Net Worth? Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. 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. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. 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. Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. 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. The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. [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. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. WOODS) BNSF 1 Gerald Grinstein - (J. But will the Seattle Landmarks Board sign off? 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. He was succeeded by Richard Anderson, a former Northwest Airlines executive. "Michael Jordan," Keith said. Mr. Grinstein has been with the company for one year . a net A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. Basketball. In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. Wherever he landed in life or career, Keith was bound to a legacy of service. sale Primary Income source Philanthropist (profession). Based on ownership reports from SEC filings, as the reporting owner, Gerald Grinstein owns 3 companies in total, including 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. 4. , A partir del 30 de octubre de 2008, Northwest Airlines hace parte de Delta Air Lines, formando as la aerolnea ms grande del mundo, volando a 375 destinos en 66 pases, transportado algo ms de 170 millones de pasajeros al ao, con cerca de 75 000 empleados a nivel mundial. I was acting the obnoxious Hamlet. He became CEO of Delta in 2004, a time of financial crisis for the airline. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. 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. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. , LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . He became CEO of Delta in 2004, a time of financial crisis for the airline. She did say the couple plan to make some changes. 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. Though environmentalists would like to cite him as an example of big business concern for the environment, he says . NA: Not available or not applicable. Under Review. And when we say own, we include assets that you may still be paying for, such as a car or a house . Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). Por lo tanto, el directorio actu; lo encabezaba nada menos que Gerald Grinstein. Wise counsel from a wise man: Do one thing well. 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. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. In addition to his work in medicine and broadcast journalism, he has . View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages.
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