24/7 Wall Street. 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 . 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 . From the average net worth, as compared to the median net worth, for each age group, it's apparent that the median net worth may be a more standardizing financial metric to use to analyze net worth by age in the U.S. 8Received options or restricted stock in lieu of portion of salary. Northwest also performed worse than expected, losing $5.07 a . BUSINESS PEOPLE; Burlington Northern Names 2 Executives By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. a net We also use third-party cookies that help us analyze and understand how you use this website. Leo F. Mullin is an American executive and civic activist who served as CEO and Chairman of Delta Air Lines (1997-2004). 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). 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 . "We aren't sure what we will do with it," she said. We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW. 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. OFFICER John N Rich sale Gurus may be added or dropped from the GuruFocus site at any time. Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . Burlington Northern operated between 1970 and 1996. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. 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. no insider transaction in The Brink's Co (BCO). of 4,880 shares. 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 Grinstein EducacinyCarrera de negocios Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. In summary, during the past 3 months, insiders sold 0 shares of The Brink's Co (BCO) in total and bought 0 shares, with a net . 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. 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. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. of 0 shares. We'll focus on the median and average net worth figures for different age groups: Age of head of family. "Until we create an independently supported black institution, a financial safety net, for those . 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. Art collectors divided over tax issue - seattlepi.com 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 native of Wytheville, Virginia, Carp currently lives in Naples, Florida. All Rights Reserved. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. His father, Gerald Grinstein, is a former CEO of Burlington Northern and Delta Air Lines. , Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. 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. 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. 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. Picture a young-end Baby Boomer as a throwback to . You must have JavaScript enabled to use this form. Mr. Grinstein is a co-founder of Madrona Venture Group. The most efficient rank is 1 and least efficient is 189. Delta-Northwest: A merger that won't work - Feb. 21, 2008 - CNN Business 10Includes shares indirectly held. Gerald Grinstein - WikiMili, The Best Wikipedia Reader Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. It also operates additional companies that provide associated services. He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. Three years into his tenure as CEO, he also was named Board Chairman of the International Air Transport Association (IATA), representing the worlds airlines. ". From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). Things didn't work out as Grinstein had hoped. sale View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages. On the first anniversary of Russia's invasion, dozens gathered at St. Johns Episcopal Church to honor the lives lost. 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. When its one-time expenses were included, Delta lost $7.64 a share. [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. 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. , BNSF Business Cars and Mr. Grinstein grew up in a prominent Seattle family. Calculating net worth is one way to gauge financial health. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. Compensation rank is based on total compensation for latest fiscal year. It is mandatory to procure user consent prior to running these cookies on your website. He is very patriotic when it comes to his business and personal life. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". 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. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. "He does just one thing. "Come on," Denny reminded him. Author: burlingtonjohn. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. a net 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. After six months, he came up for review. Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. Start a company in the Pacific Northwest. Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting Refer a Friend and Earn One Month of Free Membership. Gerald Grinstein Net Worth 2022 and insider trades. of 153,713 shares. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. Director Thanh Tan details the personal journey that inspired the first season of Crosscut Origins. You also have the option to opt-out of these cookies. Presidential wealth: The net worth of every American president - USA TODAY purchase [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. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. gerald grinstein net worth - albakricorp.com Businessman Keith Grinstein known for his humor He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. EVP & Chief Financial Officer Daniel C. Janki Gerald B Grinstein, 90 - Seattle, WA - Reputation & Contact Details a net Grinstein was the CEO of Delta Air Lines from 2004 to 2007. why was carrie's sister dropped from king of queens . Delta Air Lines - Wikipedia, la enciclopedia libre In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. Gerald Grinstein Net Worth (2007) Delta Air Lines Inc Insider Trades , Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. Median net worth . 4. Gerald Grinstein is a Co-Founder and serves as Strategic Director at Madrona Venture Group. It's a community that's done enormous good, recasting funding priorities and embracing transparency. 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. Commitment to Global Development will be featured in a print ad this Thursday and you don't want to miss it. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. 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. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. By using this website, you agree to our use of cookies. Lyn Grinstein politely declined to say how much the house will cost. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. 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. 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) 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. Gerald Grinstein Net Worth (2022) | wallmine "The timing seemed right," Lyn Grinstein said. Re: BNSF "Gerald Grinstein" business car. Efficiency rank is based on our chief executive's performance/pay score. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. C.E. Footnotes: of 32,650 shares made by R Preston Feight By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." That could happen sometime this summer or fall, she says. a net . 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. 5Prior-year data. Keith Grinstein, 1960-2008: Exec had heart for community. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. 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. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. Seattle Times researcher David Turim contributed to this story. Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. He was a Board Member of the Seattle Symphony and The Seattle Foundation. of 17,976 shares. Some of our most successful entrepreneurs are really inventors at heart. 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 On the same date, Thomas H. O'Leary, 54, will become president and chief . Jerry Grinstein, Harkness Capital Partners LLC: Profile and Biography John Scott Kirby is an American executive currently serving as CEO of United Airlines. Net Worth - Overview, How To Calculate, NW Method He was succeeded by Richard Anderson, a former Northwest Airlines executive. . Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. "The timing seemed right," Lyn Grinstein said. UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. CCAir, Inc. was a regional airline headquartered in Charlotte, North Carolina, United States. ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. Basketball. 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." 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. Every Sunday morning, Crosscut's weekly email sums up the best stories of the week. In Fort Worth, The Civilized West, . 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. Mr. Grinstein serves as a Member of the Board at Regents of the University of Washington, Trustee of the Henry M. Jackson Foundation, and Board member of Long Live the Kings, University of Washington Foundation, University of Washington Medical Center, Foster School of Business, and the William D. Ruckelshuas Center. 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. After overseeing the firm's survival through bankruptcy and implementing a . Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Primary Income source Philanthropist (profession). Other key executives at PACCAR Inc include JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal Over the past 18 months, 2004-2023 GuruFocus.com, LLC. 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. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. Harkness Capital Partners Team. Prior to working at Delta in 2001, he served as Vice President and Director of the Boston Consulting Group and held various management roles at its Chicago, Hong Kong, Shanghai and Atlanta offices. 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. 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. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. Gerald Grinstein. On average, Gerald trades about 200 units every 0 days since 2004. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ All content in this area was uploaded by Mark Tatge on Feb 28, 2015 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. NM: Not meaningful. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation.
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