2023 Cascade Public Media. no insider transaction in The Brink's Co (BCO). Other recent insider transactions involving Delta Air Lines Inc (DAL) include Gerald Grinstein Net Worth (2022) - GuruFocus.com The Grinsteins have had their eye on the mansion for quite a while. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. 8Received options or restricted stock in lieu of portion of salary. 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 Profile | Gerald Grinstein, helped pull Delta out of nose dive He reduced his own pay by 25%, to approximately $325,000 per year. For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. 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. You might contact Gerald Grinstein via mailing address: 395 Page Mill Rd, Palo Alto Ca 94306. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Other key executives at The Brink's Co include Gerald Grinstein EducacinyCarrera de negocios Mr. Grinstein grew up in a prominent Seattle family. 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. The company's only surviving airline, Pinnacle, became Endeavor Air. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. 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. 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. 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. A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant. Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting 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. of 29,672 shares made by Joanne D Smith sale 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. Gerald Grinstein, CEO of Delta Air Lines (DAL), Earns $382,207 - Forbes Burlington Northern Santa Fe Railway | Encyclopedia.com 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. 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 Lyn Grinstein politely declined to say how much the house will cost. 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. "The timing seemed right," Lyn Grinstein said. When its one-time expenses were included, Delta lost $7.64 a share. EVP & Chief Financial Officer Daniel C. Janki Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. It is mandatory to procure user consent prior to running these cookies on your website. 30, 2006 stock price. , , That could happen sometime this summer or fall, she says. Years later, Keith would rib his former boss, chief-of-staff Denny Miller. 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. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. A partir del 30 de octubre de 2008, Northwest Airlines hace parte de Delta Air Lines, formando as la aerolnea ms grande del mundo, volando a 375 destinos en 66 pases, transportado algo ms de 170 millones de pasajeros al ao, con cerca de 75 000 empleados a nivel mundial. Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. Jerry Grinstein is Founding Partner at Harkness Capital Partners LLC. Primary Income source Philanthropist (profession). 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. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. ", 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. He previously served as the Chief Executive Officer of Delta Air Lines from 2004 - 2007 and as Non-Executive Chairman of Delta Air Lines Inc.'s Board of Directors from 1997 - 1999. The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. . 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. ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." [8], ""Our rhetoric was terrific, but the performance wasn't there." Gerald Grinstein Wikipedia Republished // WIKI 2 Other key executives at Delta Air Lines Inc include On average, Gerald trades about 200 units every 0 days since 2004. In addition, he makes $615,987 as CEO & Director at Delta Air Lines. , This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. The 72 year old executive ranks 12 within Transportation Chief executive . On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. He became CEO of Delta in 2004, a time of financial crisis for the airline. The use of the net worth method is demonstrated in the figure below. Gerald Grinstein Net Worth (2022) | wallmine El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . Gupta has several connections to Atlanta, where he is the Chief Medical Correspondent for CNN, associate chief of neurosurgery at Grady Memorial Hospital, and assistant professor of neurosurgery at Emory University School of Medicine. gerald grinstein net worth - wellofinspiration.stream Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. In addition to his work in medicine and broadcast journalism, he has . 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. 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. The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. Then you get to live here.. Gerald Grinstein, CEO Compensation - Forbes.com Grinstein and his wife Carolyn live in Medina, Washington. 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 . of 4,880 shares. 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. why was carrie's sister dropped from king of queens . Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. a net . In 1997, it rebranded as US Airways. There was a dervish-style coherence to his method, but I was clueless. 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 Gerald Grinstein of Burlington Northern Inc.; . no insider transaction in PACCAR Inc (PCAR). He was 48. Senator Warren G. Magnuson. This website uses cookies to improve your experience while you navigate through the website. "That was a 10 percent raise!". "We might remodel, we might start over again. On the same date, Thomas H. O'Leary, 54, will become president and chief . 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. It was an improvement over the first quarter of 2003, when Delta reported $466 million in losses as the Iraq war kicked off and the SARS outbreak in Asia caused international travel to plummet . The Bottom Line. The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. He was CEO of Nextel International from 1996 to 1999. In the 1990s, Keith became a member of Seattle's dot-com aristocracy, those youngins who shoveled their Gold Rush loot and remade local philanthropy. EVP - Chief of Operations John E Laughter I think of Madrona not only as a source of capital but of business strength that takes an innovation and moves it into the marketplace.. Gerald Grinstein, 56 years old, will take over as president and chief executive of Burlington Northern, effective Jan. 1. 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). 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 . and Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. It was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930. His new salary was set at $17,600. of 3,017 shares made by Todd R Hubbard Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. BNSF No. of 8,500 shares made by Simon Davis UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. OFFICER John N Rich 24/7 Wall Street. It's a community that's done enormous good, recasting funding priorities and embracing transparency. He was just everywhere.. What Is Net Worth? - The Balance Commitment to Global Development will be featured in a print ad this Thursday and you don't want to miss it. 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. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. 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. 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. sale By. 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. 4Less than 0.01%. 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. sale sale View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages. Gerald Grinstein for Ed Bastian's 20 year pinning. He is very patriotic when it comes to his business and personal life. 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. Gerald Grinstein Net Worth (2007) Delta Air Lines Inc Insider Trades 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. why is accuracy important in customer service. Gerald Grinstein (born 1932), American air transportation executive It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. no insider transaction in Delta Air Lines Inc (DAL). It's a "what if" that only magnifies the grief, the break of a generational thread that can't be mended. 10 Things You Didn't Know about Delta CEO Edward Bastian - Money Inc JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal 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 He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. , Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). We use cookies to provide you with a great experience and to help our website run effectively. of 0 shares. He is the former non-executive chairman of Agilent Technologies, and former chairman and CEO of Burlington Northern (BNI), where he oversaw. Hmmm. Gerald Grinstein has been CEO of Delta Air Lines for 1 years. 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. DELTA LOSS INCREASES PRESSURE ON PILOTS - Orlando Sentinel "I don't think we'll be as interesting.". Average Net Worth by Age - SmartAsset David Brown EVP-Chief Cust Experience Offr Allison C Ausband Grinstein's wife, Lyn, says they're ready to move into the 14-room, waterfront house just as soon as the Gateses are ready to move out. Since 1987, he had been a director of Delta Air Lines and served as Delta's non-executive chairman from August 1997 until October 1999. Mr. Grinstein is a graduate of Yale College and Harvard Law School. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. 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. Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. 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. Under Review. According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." Gerald Grinstein Net Worth (2022) | wallmine Methodology: During the past 18 months, 350,919 shares of PACCAR Inc (PCAR) were sold and 0 shares were bought by its insiders, resulting in a net Other recent insider transactions involving The Brink's Co (BCO) include Above is the net worth, insider trading, and ownership report for Gerald Grinstein. You have to seize something now, something you love, and run with it.". Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. 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. He had an incredible sense of humor. Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 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. On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. Just another site gerald grinstein net worth He was the President at IBM and chair of the board at Red Hat, and previously Chief Executive Officer at Red Hat and Chief Operating Officer at Delta Air Lines. Peter Jackson is the former editorial-page editor of the Everett Herald. 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. Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. 1. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. 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 . From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). When the company emerged from Chapter 11 in 2007 . Delta exits bankruptcy after 19-month restructuring | Reuters The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. a net All Rights Reserved. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. , . Mr. Grinstein grew up in a prominent Seattle family. The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. See Jerry Grinstein's compensation, career history, education, & memberships. gerald grinstein net worth Leo F. Mullin is an American executive and civic activist who served as CEO and Chairman of Delta Air Lines (1997-2004). Remembering Keith Grinstein | Crosscut
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