gerald grinstein net worth

sale of 24,590 shares made by William C Carroll He reduced his own pay by 25%, to approximately $325,000 per year. sale Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. Other recent insider transactions involving Delta Air Lines Inc (DAL) include I continued pressing. 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 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. Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). Life is short. . Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. James Moon Whitehurst is an American business executive. 4. US Airways Group Inc. was an airline holding company based in Tempe, Arizona. sale 2004-2023 GuruFocus.com, LLC. "That was a 10 percent raise!". Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. 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. BNSF Railway is one of the largest freight railroads in North America. 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. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. He was CEO of Nextel International from 1996 to 1999. ", "Delta Air Lines needs to cut costs, says CEO. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. 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. WOODS) BNSF 1 Gerald Grinstein - (E.C. The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. 1. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. You must have JavaScript enabled to use this form. . 10Includes shares indirectly held. BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. "We aren't sure what we will do with it," she said. . Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Grinstein and his wife Carolyn live in Medina, Washington. After six months, he came up for review. Por lo tanto, el directorio actu; lo encabezaba nada menos que Gerald Grinstein. Delta Air Lines executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. and They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). ". The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. Fundamental company data provided by Morningstar, updated daily. ", "Delta Air Lines needs to cut costs, says CEO. 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. 9Received options or restricted stock in lieu of portion of bonus. Peter Jackson is the former editorial-page editor of the Everett Herald. Refer a Friend and Earn One Month of Free Membership. 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. ", "Congress Looks at Possible Delta-US Air Merger. [3]. 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. 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. . Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. 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 We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. 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. Too many, however, have boosted vanity projects or expressed do-gooderism as an extension of themselves. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Im kind of in shock still, said Rick Yoder, owner of the Wild Ginger restaurant in downtown Seattle, where Mr. Grinstein was both an investor and regular patron. Delta Air Lines is a major American airline. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. EVP Daniel J Castillo 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. 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. Author: burlingtonjohn. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. It is important to find the opening and closing net worth using the same asset value . [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. , Calculating net worth is one way to gauge financial health. of 0 shares. 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. All content in this area was uploaded by Mark Tatge on Feb 28, 2015 In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. 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. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. The company's history began with the world's first aerial crop dusting operation called Huff Daland Dusters Inc., founded in 1925 in Macon, Georgia to combat the boll weevil infestation of cotton crops. By using this website, you agree to our use of cookies. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Wherever he landed in life or career, Keith was bound to a legacy of service. He is very patriotic when it comes to his business and personal life. why is accuracy important in customer service. On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. of 8,500 shares made by Simon Davis Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. 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. GuruFocus.com is not operated by a broker or a dealer. trader joe's chocolate ganache cake LIVE; madison 56ers apparel; gerald grinstein net worth. Start a company in the Pacific Northwest. Today Delta is worth only $6.7 billion and Grinstein - and his team - are gone. of 111,326 shares. purchase 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. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. That could happen sometime this summer or fall, she says. sale ", "Congress Looks at Possible Delta-US Air Merger. 1. 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 George Washington's salary of $25,000 was . On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. of 153,713 shares. US Airways Group operated US Airways, along with its subsidiaries PSA Airlines, Inc. and Piedmont Airlines, Inc., which are wholly owned but marketed under the branding of US Airways Express. It was humbling. During the past 18 months, 157,206 shares of Delta Air Lines Inc (DAL) were sold and 45,880 shares were bought by its insiders, resulting in a net Friends and business associates said Monday they were struggling to cope with the news of his sudden death. "Just imagine that you'll only live to be 40," Keith said. View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages. He became CEO of Delta in 2004, a time of financial crisis for the airline. Necessary cookies are absolutely essential for the website to function properly. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. [8], ""Our rhetoric was terrific, but the performance wasn't there." Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. Over the past 18 months, A year ago, we served together on a foundation finance committee. Grinstein also set about regaining the trust and confidence of Delta's employees. [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. 24/7 Wall Street. Other key executives at PACCAR Inc include Gerald Grinstein has been CEO of Delta Air Lines for 1 years. Commitment to Global Development will be featured in a print ad this Thursday and you don't want to miss it. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. Will His AI Plans Be Any Different? PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. Mr. Grinstein is a graduate of Yale College and Harvard Law School. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. In 1997, it rebranded as US Airways. 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. ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. 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. 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. You also have the option to opt-out of these cookies. 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. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. 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. Median net worth . Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone.

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