sale Gerald Grinstein made He became CEO of Delta in 2004, a time of financial crisis for the airline. [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. The car was built in 1952 for then CB&Q President Harry Murphy. PACCAR Inc (PCAR) 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. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. Over the past 18 months, a net Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. He became CEO of Delta in 2004, a time of financial crisis for the airline. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. He was beloved by many, many people.. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. 8Received options or restricted stock in lieu of portion of salary. of 4,880 shares. 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. Burlington Northern operated between 1970 and 1996. The first step is to calculate the net worth of the individual at the start and end of the period. 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. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. 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? However, their market capitalization Market Capitalization Market capitalization is the market value of a company's outstanding shares. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. In addition to his work in medicine and broadcast journalism, he has . The company filed for bankruptcy protection under Chapter 11 in 2012 and emerged from Chapter 11 in 2013 as a wholly owned subsidiary of Delta Air Lines. 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. a net Footnotes: Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. "Until we create an independently supported black institution, a financial safety net, for those . Terms of Use and Privacy Policy. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. Mr. Grinstein enjoyed traveling and flying several small airplanes that he owned. of 24,590 shares made by William C Carroll The analogy sounded a little too simple. EVP & Chief Financial Officer Daniel C. Janki Among his survivors are his wife, Claire, his parents and his brother, Charles. ", "Congress Looks at Possible Delta-US Air Merger. A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. , no insider transaction in The Brink's Co (BCO). Fue director ejecutivo de Burlington Northern Railroad de 1985 a 1995 y se uni a la junta directiva de Delta en 1987. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. and purchase purchase sale 0:01. "Some of our most successful entrepreneurs are really inventors at heart. On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. Prior to taking on the CEO role of Delta, Grinstein also served as non-executive chairman of Agilent Technologies from 1999 through November 2002 . Delta Air Lines Inc (DAL)'s detailed insider trading history can be found in Insider Trading Tracker table. The Grinsteins have had their eye on the mansion for quite a while. He was 48. But will the Seattle Landmarks Board sign off? He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He was CEO of Nextel International from 1996 to 1999. 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. 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.. Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Mr. Grinstein is a co-founder of Madrona Venture Group. What is Gerald Grinstein's Net Worth? 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. In October 1979, after the passage of the Airline Deregulation Act, Allegheny Airlines changed its name to USAir. 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Other recent insider transactions involving The Brink's Co (BCO) include 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. 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. Years later, Keith would rib his former boss, chief-of-staff Denny Miller. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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. 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. 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. He became CEO of Delta in 2004, a time of financial crisis for the airline. But opting out of some of these cookies may affect your browsing experience. George Washington's salary of $25,000 was . Primary Income source Philanthropist (profession). of 32,650 shares made by R Preston Feight (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). On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. Over the past 18 months, Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. Senator Warren G. Magnuson. BOX 20574, ATLANTA, GA, 30320. Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. 1. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. The Brink's Co (BCO) purchase 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. 1:06. Past performance is a poor indicator of future performance. For example, if someone owes more than the total value of their assets, they have a negative net worth. Gerald Grinstein was born on 06/26/1932 and is 90 years old. You have to seize something now, something you love, and run with it.". . Bressler retired in 1990, and Grinstein assumed the additional post of chairman. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. He served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. 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. No matter what the situation was, he could always find the light side.. The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. Its trucks are sold through over 2,300 independent dealers globally. Grinstein also set about regaining the trust and confidence of Delta's employees. of 17,976 shares. US Airways Group Inc. was an airline holding company based in Tempe, Arizona. On average, Gerald trades about 200 units every 0 days since 2004. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). a net why is accuracy important in customer service. Start a company in the Pacific Northwest. For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. Keith Grinstein, 1960-2008: Exec had heart for community. See Jerry Grinstein's compensation, career history, education, & memberships. 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. Picture a young-end Baby Boomer as a throwback to . ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. "He does just one thing. He is very patriotic when it comes to his business and personal life. 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 . MFAN's Open Letter to the President on the U.S. After Delta, Mullin has emerged as a leader in both the public and private sectors, serving other companies and continuing to be a philanthropic contributor. of 350,919 shares. Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. Wallmine is a radically better financial terminal. Just another site gerald grinstein net worth , 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. 4Less than 0.01%. Operating Investors and Operators. That could happen sometime this summer or fall, she says. He was 48. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. 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. This website uses cookies to improve your experience while you navigate through the website. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. 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 You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. Delta Air Lines Inc (DAL) , 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. 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. gerald grinstein net worth. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. and Then you get to live here.. Gerald Grinstein Net Worth 2022 and insider trades. 7Less than $100,000. Will Others Follow? Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Annualized total return during tenure covers the tenure of the executive or from the time of the IPO or available stock history. The company emerged from bankruptcy on December 9, 2013, and at the same time announced that it would merge with US Airways Group to form a new company, American Airlines Group. 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." A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Grinstein received the Railroader of the Year award in 1996. , 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) ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). of 111,326 shares. "We aren't sure what we will do with it," she said. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. 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 . a net 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. BNSF No. BNSF Railway is one of the largest freight railroads in North America. On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. 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. a net She did say the couple plan to make some changes. . This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. , Re: BNSF "Gerald Grinstein" business car. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. EVP - Chief of Operations John E Laughter In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. WOODS) BNSF 1 Gerald Grinstein - (E.C. Median net worth . The most efficient rank is 1 and least efficient is 189. 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. Gerald Grinstein. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Basketball. I was acting the obnoxious Hamlet. 4. Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. You must have JavaScript enabled to use this form. "The timing seemed right," Lyn Grinstein said. a net [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. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. 2023 Cascade Public Media. sale Hmmm. (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). Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. 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 blockbuster store still open near haarlem. 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. He was focused, effective, and (and I mean this) understated. 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. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. Jerry Grinstein is Founding Partner at Harkness Capital Partners LLC. Mr. Grinstein grew up in a prominent Seattle family.
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