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. The route network covered destinations in 47 states, as well as international destinations. 24/7 Wall Street. Gerald Grinstein - Address & Phone Number | Whitepages A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ 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. It is computed as the product of the total number of outstanding shares and the price of each share. A native of Wytheville, Virginia, Carp currently lives in Naples, Florida. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." OFFICER John N Rich On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. Gerald Grinstein - NNDB Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Let us take the example of Apple and Amazon. It's a "what if" that only magnifies the grief, the break of a generational thread that can't be mended. Gerald Grinstein Net Worth (2022) | wallmine Gerald Grinstein (born 1932), American air transportation executive 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 . His father, Gerald Grinstein, is a former CEO of . He was succeeded by Richard Anderson, a former Northwest Airlines executive. 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 . 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. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. 8Received options or restricted stock in lieu of portion of salary. 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 . 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. Commitment to Global Development will be featured in a print ad this Thursday and you don't want to miss it. Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. See Jerry Grinstein's compensation, career history, education, & memberships. James Moon Whitehurst is an American business executive. 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. Lyn Grinstein politely declined to say how much the house will cost. a net 4Less than 0.01%. Then you get to live here.. 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. BUSINESS PEOPLE; Burlington Northern Names 2 Executives After six months, he came up for review. 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. That could happen sometime this summer or fall, she says. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. EVP & Chief Financial Officer Daniel C. Janki Gerald Grinstein - The William D. Ruckelshaus Center gerald grinstein net worth. He was succeeded by Richard Anderson, a former Northwest Airlines executive. Mr. Grinstein is a co-founder of Madrona Venture Group. He reduced his own pay by 25%, to approximately $325,000 per year. 74th St., Redmond, WA 98052, or another charity. Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. He served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. , 0:01. JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal Gerald Grinstein Net Worth (2022) | wallmine 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. 2004-2023 GuruFocus.com, LLC. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. 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. Gerald Grinstein is a Co-Founder and serves as Strategic Director at Madrona Venture Group. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Grinstein and his wife Carolyn live in Medina, Washington. DELTA LOSS INCREASES PRESSURE ON PILOTS - Orlando Sentinel UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). Although these initiatives were largely successful, upward pressure on fuel prices and fierce competition from low-cost carriers continued to keep Delta perilously close to bankruptcy. Gerald Grinstein. purchase In addition, he makes $615,987 as CEO & Director at Delta Air Lines. , The Grinsteins have had their eye on the mansion for quite a while. 200 + Signatories on MFAN's Open Letter | MFAN ", "Delta Air Lines needs to cut costs, says CEO. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. 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. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. Jerry is also a board member of the William D. Ruckelshaus Center. 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. Exchange trademark and copyright notices. 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. 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 . BOX 20574, ATLANTA, GA, 30320. Grinstein received the Railroader of the Year award in 1996. . But opting out of some of these cookies may affect your browsing experience. 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. 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. . 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. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. Under Review. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. The largest trade Gerald's ever made was buying 1,000 units of Delta Air Lines stock on 3 May 2007 worth over $21,750. ", "Congress Looks at Possible Delta-US Air Merger. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. Anderson inherited an angry board of directors and impatient . Gerald Grinstein made Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. [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. What Is Net Worth? - The Balance He was focused, effective, and (and I mean this) understated. blockbuster store still open near haarlem. He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. Since 2001, the annual presidential salary has been set at $400,000. Gerald Grinstein | Madrona Grinstein was the CEO of Delta Air Lines from 2004 to 2007. Will His AI Plans Be Any Different? Things didn't work out as Grinstein had hoped. sale 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 Footnotes: He was a Board Member of the Seattle Symphony and The Seattle Foundation. sale Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . Thomas W. Horton is a partner of Global Infrastructure Partners and is lead director at Walmart Inc. and General Electric Corp. United Airlines is the third largest airline in the world, with 86,852 employees and 721 aircraft. 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. His mother, Rosalie Alhadeff, is part of the family that created the Longacres horse-racing track in Renton. ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. Mr. Grinstein is a graduate of Yale College and Harvard Law School. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. of 111,326 shares. Median net worth . 1. 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. Compensation rank is based on total compensation for latest fiscal year. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. 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. Gerald Grinstein was born on 06/26/1932 and is 90 years old. , Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. of 153,713 shares. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. It was a dance of identical twins with one time-traveling sibling three decades younger than the other. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. 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). 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. 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. It was Keith's public-service baptism, the ballast for later life. 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. He is the former non-executive chairman of Agilent Technologies, and former chairman and CEO of Burlington Northern (BNI), where he oversaw. Gerald Grinstein - Wikipedia ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). 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). One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. Gerald Grinstein Net Worth (2022) | wallmine On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. . US Airways Group Inc. was an airline holding company based in Tempe, Arizona. 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. gerald grinstein net worth - albakricorp.com At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. You must have JavaScript enabled to use this form. Delta Air Lines - Wikipedia, la enciclopedia libre Over the past 18 months, Will Others Follow? In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. of 57,951 shares made by Harrie Schippers This investment adviser does not provide advice to individual investors. In 1997, it rebranded as US Airways. Harkness Capital Partners Team. His father, Gerald Grinstein, is a former CEO of Burlington Northern and Delta Air Lines. Team | Harkness Capital Partners | Capital and Resources to Support Growth a net Gerald Grinstein. Delta Air Lines Emerges From Bankruptcy | Fox News EVP Daniel J Castillo All Rights Reserved. , Del Quentin Wilber. Every Sunday morning, Crosscut's weekly email sums up the best stories of the week. Gerald Grinstein Net Worth (2007) Delta Air Lines Inc Insider Trades Keith Grinstein, 1960-2008: Exec had heart for community. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. He was just everywhere.. 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 Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. 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. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. 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. His new salary was set at $17,600. 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. 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. When its one-time expenses were included, Delta lost $7.64 a share. Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. He became CEO of Delta in 2004, a time of financial crisis for the airline. Average Net Worth by Age: How Do You Compare? - NerdWallet Mr. Grinstein grew up in a prominent Seattle family. The Bottom Line. , 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). Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. Controller Michael E Sweeney The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. When calculating net worth, it may be a positive or negative number. Gerald Grinstein made 63 Gerald Grinstein Premium High Res Photos - Getty Images 1:06. of 0 shares. The company emerged from bankruptcy on December 9, 2013, and at the same time announced that it would merge with US Airways Group to form a new company, American Airlines Group. , The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. 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 . Gerald Grinstein was American air transportation executive. Analysts predicted a loss of $4.76 a share excluding special items. Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. & CHIEF TECH. 2Four-year total. The company's only surviving airline, Pinnacle, became Endeavor Air. Gerald Ronson earned the money being a professional Philanthropist. and On the first anniversary of Russia's invasion, dozens gathered at St. Johns Episcopal Church to honor the lives lost. 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. Art collectors divided over tax issue - seattlepi.com After overseeing the firm's survival through bankruptcy and implementing a . He was beloved by many, many people.. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting Author: burlingtonjohn. "Michael Jordan," Keith said. A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. 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. Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. (Gerald Grinstein says)(Brief Article). It's a community that's done enormous good, recasting funding priorities and embracing transparency. purchase The Brink's Co (BCO) Other key executives at PACCAR Inc include It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. of 22,000 shares made by David S Taylor On average, Gerald trades about 200 units every 0 days since 2004. Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. of 3,017 shares made by Todd R Hubbard Northwest also performed worse than expected, losing $5.07 a . Gurus may be added or dropped from the GuruFocus site at any time. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. (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). ATLANTA Gerald Grinstein took the helm of Delta Air Lines at an age when many chief executives have given up the corner office for leisurely days of fly fishing or . , Just another site gerald grinstein net worth no insider transaction in Delta Air Lines Inc (DAL). Wherever he landed in life or career, Keith was bound to a legacy of service. The Grinsteins have had their eye on the mansion for quite a while. WOODS) BNSF 1 Gerald Grinstein - (E.C. 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. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. Edward H. Bastian is an American business executive. C.E. 4. He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. 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) . Gerald B Grinstein, 90 - Seattle, WA - Reputation & Contact Details Terms of Use and Privacy Policy. Net Worth - Overview, How To Calculate, NW Method What should I do with my life? BUSINESS CAR PHOTO INDEXES - BURLINGTON NORTHERN SANTA FE 1 - 32 - RyPN HOME PAGE FOR THE WORLD'S BUSINESS LEADERS. no insider transaction in The Brink's Co (BCO). 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. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. It has three transcontinental routes that provide rail connections between the western and eastern United States. Keith Grinstein, 1960-2008: Exec had heart for community - seattlepi.com

Umberto Capone Siblings, Power Bi Bar Chart Multiple Columns, Articles G