Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. David Brown ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. Since 2001, the annual presidential salary has been set at $400,000. 4. 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. purchase (Gerald Grinstein says)(Brief Article). By using this website, you agree to our use of cookies. The 72 year old executive ranks 12 within Transportation Chief executive . sale 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. 2023 Cascade Public Media. "Michael Jordan," Keith said. 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. of 153,713 shares. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Gerald Grinstein Net Worth 2022 and insider trades. 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 Just another site gerald grinstein net worth 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. The use of the net worth method is demonstrated in the figure below. Wherever he landed in life or career, Keith was bound to a legacy of service. a net The Grinsteins have had their eye on the mansion for quite a while. 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 . Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. Gerald Grinstein made BNSF Railway is one of the largest freight railroads in North America. and Operating Investors and Operators. [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. and Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . sale The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. You also have the option to opt-out of these cookies. ", "Delta Air Lines needs to cut costs, says CEO. Gerald Grinstein Net Worth (2022) | wallmine Northwest also performed worse than expected, losing $5.07 a . Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. 4. 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. He had an incredible sense of humor. a net ", "Delta Air Lines needs to cut costs, says CEO. By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. 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 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. Efficiency rank is based on our chief executive's performance/pay score. Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . He was beloved by many, many people.. See Jerry Grinstein's compensation, career history, education, & memberships. This investment adviser does not provide advice to individual investors. He was CEO of Nextel International from 1996 to 1999. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. 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. 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. 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. It is mandatory to procure user consent prior to running these cookies on your website. How to Calculate Net Worth of a Company | Formula | Top Examples We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. He reduced his own pay by 25%, to approximately $325,000 per year. 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. of 17,976 shares. John Scott Kirby is an American executive currently serving as CEO of United Airlines. 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. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. DELTA LOSS INCREASES PRESSURE ON PILOTS - Orlando Sentinel 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 Gerald Grinstein was born on 06/26/1932 and is 90 years old. sale 6New chief executive; compensation may be for another executive office. Follow him on Twitter @phardinjackson. Jerry is also a board member of the William D. Ruckelshaus Center. Gerald Grinstein has been CEO of Delta Air Lines for 1 years. WOODS) BNSF 1 Gerald Grinstein - (J. . Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. [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. US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. Based on ownership reports from SEC filings, as the reporting owner, Gerald Grinstein owns 3 companies in total, including He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. 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 . of 4,880 shares. The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. GuruFocus.com is not operated by a broker or a dealer. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. 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. 30, 2006 stock price. UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. Delta Air Lines Inc (DAL) Gerald Grinstein. Gerald Grinstein Net Worth (2022) | wallmine 4Less than 0.01%. Start a company in the Pacific Northwest. Average Net Worth by Age - SmartAsset After overseeing the firm's survival through bankruptcy and implementing a . Keith Grinstein, 1960-2008: Exec had heart for community. You have to seize something now, something you love, and run with it.". Who Runs Fort Worth? - D Magazine OFFICER John N Rich Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. 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. Keith was, make no mistake, a frenetic presence. EVP Daniel J Castillo This website uses cookies to improve your experience while you navigate through the website. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. Burlington Northern operated between 1970 and 1996. Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. Average Net Worth by Age: How Do You Compare? - NerdWallet Del Quentin Wilber. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. . After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. 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. 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. BOX 20574, ATLANTA, GA, 30320. 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 . LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . NA: Not available or not applicable. 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." Profile | Gerald Grinstein, helped pull Delta out of nose dive 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. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Delta-Northwest: A merger that won't work - Feb. 21, 2008 - CNN Business They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. 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 Seattle Times researcher David Turim contributed to this story. The most efficient rank is 1 and least efficient is 189. C.E. Bill Gates bought the place from Sikma in 1993 for $8 million. These cookies do not store any personal information. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. Compensation rank is based on total compensation for latest fiscal year. Gerald Grinstein for Ed Bastian's 20 year pinning. trader joe's chocolate ganache cake LIVE; madison 56ers apparel; gerald grinstein net worth. 1. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. 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. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. Other recent insider transactions involving The Brink's Co (BCO) include 10 Things You Didn't Know about Delta CEO Edward Bastian - Money Inc Bressler continued as chairman of Burlington Northern and Burlington Resources, while Gerald Grinstein, who had been vice-chairman of both companies, became Burlington Northern ' s president and chief executive officer in 1989. Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 a net He was 48. Even before that, every president has been paid well. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. It was a dance of identical twins with one time-traveling sibling three decades younger than the other. 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. Gerald Ronson is from British. Lyn Grinstein politely declined to say how much the house will cost. 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 . Gerald Grinstein - NNDB of 111,326 shares. ", William Ruckelshaus, Gerald Grinstein celebrate 80th birthdays with salmon-fishing trip | The Seattle Times. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. Chicago, Burlington & Quincy Railroad, Burlington Northern | Flickr In the meantime, the Grinsteins are renting a home nearby. 1Annualized. 63 Gerald Grinstein Premium High Res Photos - Getty Images why was carrie's sister dropped from king of queens . . 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. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. Bill Gates Set To Sell Old Home To Family Friend All Rights Reserved. When the company emerged from Chapter 11 in 2007 . This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Other key executives at The Brink's Co include Over the past 18 months, 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. and He became CEO of Delta in 2004, a time of financial crisis for the airline. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. For example, if someone owes more than the total value of their assets, they have a negative net worth. The Bottom Line. sale It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. Remembering Keith Grinstein | Crosscut He was succeeded by Richard Anderson, a former Northwest Airlines executive. 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. sale Grinstein also set about regaining the trust and confidence of Delta's employees. He was succeeded by Richard Anderson, a former Northwest Airlines executive. JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal
Danielle Wolf Broward County,
Contract Cna Jobs With Housing,
Guns N Roses Tribute Band Night Train,
Thyroid Cancer And Tailbone Pain,
Court Ordered Aa Meetings Sign In Sheet,
Articles G