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 became CEO of Delta in 2004, a time of financial crisis for the airline. Gerald Grinstein is a Co-Founder and serves as Strategic Director at Madrona Venture Group.
Gerald Grinstein Net Worth (2022) | wallmine 4. , 51.5 million families are in this group. a net It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. The middle 40% of U.S. families own 22% of the wealth. Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. 4. Musk Made a Mess at Twitter. In Fort Worth, The Civilized West, . Gerald Grinstein made The company's only surviving airline, Pinnacle, became Endeavor Air. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. 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.
LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . It is important to find the opening and closing net worth using the same asset value . By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media.
CASO 1 DE INTELIGENCIA EMOCIONAL - Blogger sale He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. Median net worth . Gerald Grinstein Net Worth (2022) | wallmine
Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting C.E. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Wherever he landed in life or career, Keith was bound to a legacy of service. Lyn Grinstein politely declined to say how much the house will cost. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. Under Review. Compensation rank is based on total compensation for latest fiscal year. sale . "He does just one thing. He was focused, effective, and (and I mean this) understated. Compensation percent change is based on combined salary and bonus. Gerald Grinstein made Gerald Grinstein. When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. Delta Air Lines Inc (DAL)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. 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.
BNSF Business Cars , 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. However, their market capitalization Market Capitalization Market capitalization is the market value of a company's outstanding shares. (Gerald Grinstein says)(Brief Article).
Average Net Worth by Age: How Do You Compare? - NerdWallet Burlington Northern operated between 1970 and 1996. 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. 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. All Rights Reserved. In the meantime, the Grinsteins are renting a home nearby. purchase 3 U.S. domestic carrier, on Monday emerged from Chapter 11 bankruptcy protection [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. It was also, again, a $16,000 position. This website uses cookies to improve your experience while you navigate through the website. Harkness Capital Partners Team. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. After overseeing the firm's survival through bankruptcy and implementing a . Wallmine is a radically better financial terminal.
and Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits.
BUSINESS PEOPLE; Burlington Northern Names 2 Executives "I don't think we'll be as interesting.". His father, Gerald Grinstein, is a former CEO of . Even before that, every president has been paid well. BNSF No. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. Stock quotes provided by InterActive Data. Grinstein was the CEO of Delta Air Lines from 2004 to 2007. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA.
Gerald Grinstein - Address & Phone Number | Whitepages BUSINESS CAR PHOTO INDEXES - BURLINGTON NORTHERN SANTA FE 1 - 32 - RyPN 1Annualized. ", "Congress Looks at Possible Delta-US Air Merger. (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). He returned to Madrona in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. gerald grinstein net worth. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Terms of Use and Privacy Policy. 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. The Grinsteins have had their eye on the mansion for quite a while. sale On the same date, Thomas H. O'Leary, 54, will become president and chief . 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. And when we say own, we include assets that you may still be paying for, such as a car or a house . Exchange trademark and copyright notices. 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. UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). The most efficient rank is 1 and least efficient is 189. The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. He is very patriotic when it comes to his business and personal life. 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 On the first anniversary of Russia's invasion, dozens gathered at St. Johns Episcopal Church to honor the lives lost. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. Gerald Grinstein Strategic Director. He became CEO of Delta in 2004, a time of financial crisis for the airline. 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.
(PDF) Flight Capital; Gerald Grinstein put bankrupt - ResearchGate Just another site gerald grinstein net worth Enjoy a 7-Day Free Trial Thru Mar 11, 2023! 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 Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. This category only includes cookies that ensures basic functionalities and security features of the website. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. read more (market . For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. California Weighs $360,000 in Reparations to Eligible Black Residents.
Burlington Northern Santa Fe Railway | Encyclopedia.com Fue director ejecutivo de Burlington Northern Railroad de 1985 a 1995 y se uni a la junta directiva de Delta en 1987. NA: Not available or not applicable. MFAN's Open Letter to the President on the U.S. Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. [3]. 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. no insider transaction in Delta Air Lines Inc (DAL).
Re: BNSF "Gerald Grinstein" business car. This investment adviser does not provide advice to individual investors. A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. Email. He had an incredible sense of humor. , Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. 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 EVP & Chief Financial Officer Daniel C. Janki Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 74th St., Redmond, WA 98052, or another charity. Friends and business associates said Monday they were struggling to cope with the news of his sudden death. Added: Jun 27, 2019. With the merger that formed The Burlington Northern, the car became the "Mississippi River" and remain in the business car fleet changing name to "Gerald . 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. The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. . Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion.
, 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. These cookies do not store any personal information. "Of course, it has taken a little longer than anticipated (for them to move out), but they're trying their best.". Grinstein received the Railroader of the Year award in 1996.[3].
Delta Air Lines - Wikipedia, la enciclopedia libre 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. of 111,326 shares. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. You must have JavaScript enabled to use this form. Years later, Keith would rib his former boss, chief-of-staff Denny Miller.
Delta exits bankruptcy after 19-month restructuring | Reuters (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).
LOSSES STACK UP AMONG AIRLINES - Orlando Sentinel The Grinsteins have had their eye on the mansion for quite a while.
Who Runs Fort Worth? - D Magazine 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. sale
gerald grinstein net worth - anmolsahota.com The estimated Net Worth of Edward H Bastian is at least $56.8 Million dollars as of 31 August 2022. a net , purchase a net AMR filed for Chapter11 bankruptcy protection in November 2011. He was CEO of Nextel International from 1996 to 1999. Bill Gates bought the place from Sikma in 1993 for $8 million. The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. 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. 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. [6], Grinstein retired in the summer of 2007,[7] allocating his bankruptcy emergence stock grants to establish a scholarship fund for Delta employees and their children and a hardship fund for Delta families. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). Wells. 2Four-year total. blockbuster store still open near haarlem. 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). 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. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Mr. Grinstein is a co-founder of Madrona Venture Group.
According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." sale 4Less than 0.01%. , It has three transcontinental routes that provide rail connections between the western and eastern United States. ". They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. , "Some of our most successful entrepreneurs are really inventors at heart. 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. EVP-Chief Cust Experience Offr Allison C Ausband 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. a net ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. Grinstein and his wife Carolyn live in Medina, Washington. Refer a Friend and Earn One Month of Free Membership. Among his survivors are his wife, Claire, his parents and his brother, Charles. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. 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 . When its one-time expenses were included, Delta lost $7.64 a share. a net
Delta-Northwest: A merger that won't work - Feb. 21, 2008 - CNN Business There isnt anyone in business in Seattle who doesnt know Keith. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. 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. In addition, he makes $615,987 as CEO & Director at Delta Air Lines. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. Past performance is a poor indicator of future performance.
gerald grinstein net worth - wellofinspiration.stream 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." Other key executives at PACCAR Inc include Total returns and value of stock owned (including all classes) is based on Mar. 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. EVP - Chief of Operations John E Laughter and It's a community that's done enormous good, recasting funding priorities and embracing transparency. 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. 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. of 350,919 shares. VICE PRESIDENT/GENERAL COUNSEL Michael K Walton
gerald grinstein net worth - albakricorp.com Controller Michael E Sweeney . It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. 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) . Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. His mother, Rosalie Alhadeff, is part of the family that created the Longacres horse-racing track in Renton. For example, if someone owes more than the total value of their assets, they have a negative net worth. . Bressler retired in 1990, and Grinstein assumed the additional post of chairman. We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW.
gerald grinstein net worth We use cookies to provide you with a great experience and to help our website run effectively. 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. Necessary cookies are absolutely essential for the website to function properly. Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. , and Anderson inherited an angry board of directors and impatient .
Team | Harkness Capital Partners | Capital and Resources to Support Growth That could happen sometime this summer or fall, she says. of 32,650 shares made by R Preston Feight 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
Remembering Keith Grinstein | Crosscut of 17,976 shares. "Come on," Denny reminded him. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. He was 48. The route network covered destinations in 47 states, as well as international destinations.
Gerald Grinstein Wikipedia Republished // WIKI 2 The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193.
Average Net Worth by Age - SmartAsset Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . 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. See Jerry Grinstein's compensation, career history, education, & memberships. He was just everywhere.. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. Will Others Follow? David Brown 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. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. of 24,590 shares made by William C Carroll Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. His new salary was set at $17,600.
200 + Signatories on MFAN's Open Letter | MFAN Jerry Grinstein, Harkness Capital Partners LLC: Profile and Biography Peter Jackson is the former editorial-page editor of the Everett Herald. and Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. Gerald Grinstein Net Worth 2022 and insider trades. 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.
Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. 7Less than $100,000. The Bottom Line. 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. Above is the net worth, insider trading, and ownership report for Gerald Grinstein. A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. 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) 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. Gerald Grinstein was born on 06/26/1932 and is 90 years old. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). He reduced his own pay by 25%, to approximately $325,000 per year. Grinstein and his wife Carolyn live in Medina, Washington.
Gerald Grinstein Net Worth (2022) - GuruFocus.com Will His AI Plans Be Any Different? He was beloved by many, many people..
Gerald Grinstein - NNDB Efficiency rank is based on our chief executive's performance/pay score. Grinstein also set about regaining the trust and confidence of Delta's employees. El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . 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. Director Thanh Tan details the personal journey that inspired the first season of Crosscut Origins. "We aren't sure what we will do with it," she said.
Gerald Grinstein, CEO of Delta Air Lines (DAL), Earns $382,207 - Forbes The 72 year old executive ranks 12 within Transportation Chief executive . Delta Air Lines Inc (DAL) After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. a net It was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930.
Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ Other recent insider transactions involving Delta Air Lines Inc (DAL) include
Delta Air Lines Emerges From Bankruptcy | Fox News
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