gerald grinstein net worth

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. , "The timing seemed right," Lyn Grinstein said. ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. BNSF No. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. Gerald Grinstein. ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. Footnotes: Past performance is a poor indicator of future performance. After overseeing the firm's survival through bankruptcy and implementing a . In 1997, it rebranded as US Airways. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). 4. The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. 74th St., Redmond, WA 98052, or another charity. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. The car was built in 1952 for then CB&Q President Harry Murphy. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. 51.5 million families are in this group. 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. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. David Brown 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. a net What should I do with my life? 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. BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. a net Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . sale He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. of 350,919 shares. It was meaningful do-gooderism as an end in itself. 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. 4. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. , Under Review. Gerald Grinstein is the director of PACCAR Inc. Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. sale Gerald Grinstein made The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. , Just another site gerald grinstein net worth Gerald Grinstein made C.E. The Grinsteins have had their eye on the mansion for quite a while. Bill Gates bought the place from Sikma in 1993 for $8 million. The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. Wherever he landed in life or career, Keith was bound to a legacy of service. "I may put a sign on the waterfront saying `Bill has moved' with an arrow pointing up the shore," she joked. 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. We know that Gerald's political affiliation is . Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. , Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. [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. Vice President Paulo Henrique Bolgar Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. 7Less than $100,000. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. Delta Air Service was incorporated on December 3, 1928, and named after the Mississippi Delta region. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. 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. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. of 1,500 shares made by Timothy Joseph Tynan Grinstein also set about regaining the trust and confidence of Delta's employees. . He was succeeded by Richard Anderson, a former Northwest Airlines executive. Here's why, Human Elements: Reviving Indigenous methods of habitat restoration, Kirkland vigil marks one year of war in Ukraine, Pacific Science Center plans to transform its iconic pools, Oh deer: Thriving herds are overcrowding the San Juan Islands, Refuge After War: Vietnamese and Afghan refugees take similar paths, Sign up for the Crosscut Weekly newsletter, This WA bill could make it easier and safer to change your name, WA's government transparency committee is ready to call it quits, WA lawmakers work to keep public records from the public again, At Seattle Opera, A Thousand Splendid Suns burns brightly, ArtSEA: Comedy, dance and bankruptcy, now showing on Seattle stages, Seattle's Third Avenue Project takes a new approach to old problems, Some farmers question WA state's plan to pay workers overtime, Seattle has a Green Lake-sized hole in its tree canopy, study shows, Planting the seeds for Washington's forest restoration efforts, As crypto mines aim for climate action, critics call greenwashing. 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 . When the company emerged from Chapter 11 in 2007 . Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. 1. 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. 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) He returned to Madrona in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. Though environmentalists would like to cite him as an example of big business concern for the environment, he says . 1:06. Gerald Grinstein Net Worth (2022) | wallmine Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. By using this website, you agree to our use of cookies. of 153,713 shares. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. On the same date, Thomas H. O'Leary, 54, will become president and chief . Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. 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. We'll focus on the median and average net worth figures for different age groups: Age of head of family. no insider transaction in Delta Air Lines Inc (DAL). , ", 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. no insider transaction in The Brink's Co (BCO). . (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). Compensation rank is based on total compensation for latest fiscal year. His mother, Rosalie Alhadeff, is part of the family that created the Longacres horse-racing track in Renton. Among his survivors are his wife, Claire, his parents and his brother, Charles. "Some of our most successful entrepreneurs are really . Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. 2Four-year total. 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. 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. 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? and blockbuster store still open near haarlem. By. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. BOX 20574, ATLANTA, GA, 30320. Wise counsel from a wise man: Do one thing well. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. There isnt anyone in business in Seattle who doesnt know Keith. . On average, Gerald trades about 200 units every 0 days since 2004. Net worth totals vary by education, age, income and other factors. 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. 10Includes shares indirectly held. "Come on," Denny reminded him. 2023 Cascade Public Media. 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. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. 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. a net sale Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. 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. Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. Mr. Grinstein is a co-founder of Madrona Venture Group. 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. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. 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. "Until we create an independently supported black institution, a financial safety net, for those .

Los Angeles County Superior Court Case Search, West Twin Lake St Helen, Mi, Articles G