You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. It was Keith's public-service baptism, the ballast for later life. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. I began to wax Bohemian. Gerald Grinstein was American air transportation executive. 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. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). 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. From 80 years of age and forward, the average net worth is $973,141 and the median is $235,193. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. sale [8]. Keith moved on to Georgetown Law School and an inspired career in telecommunications and venture capital, the kind of work where a 10 percent raise carries a bit more oomph. Things didn't work out as Grinstein had hoped. 4. purchase a net 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. For Mr. Grinsteins 40th birthday, Second Avenue filmed a 10-minute video featuring short interviews with local business people. Other key executives at The Brink's Co include of 22,000 shares made by David S Taylor He was succeeded by Richard Anderson, a former Northwest Airlines executive. Gerald Grinstein Net Worth (2022) | wallmine Wise counsel from a wise man: Do one thing well. Basketball. 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. Picture a young-end Baby Boomer as a throwback to . and of 8,500 shares made by Simon Davis Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Gerald Grinstein was born on 06/26/1932 and is 90 years old. 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. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. When the company emerged from Chapter 11 in 2007 . Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. In addition to his work in medicine and broadcast journalism, he has . Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. sale 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. 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. Sources: Latest available company proxy statements; FT Interactive Data via FactSet Research Systems; Hemscott, Inc.(www.hemscottdata.com). 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. Over the past 18 months, Over the past 18 months, 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 He served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. . Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . The car was built in 1952 for then CB&Q President Harry Murphy. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. , Will His AI Plans Be Any Different? To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Gerald Grinstein made Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. 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. It was a dance of identical twins with one time-traveling sibling three decades younger than the other. He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. Mullin achieved particular prominence following the September 11, 2001 tragedy when, with the airline industry on the brink of failure, he served as the chief legislative and public spokesperson for the industrys recovery program. 8Received options or restricted stock in lieu of portion of salary. , of 24,590 shares made by William C Carroll Email. 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. UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). 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. A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. 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. 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. Looking for some big-brother-ish guidance a few years back, I met up with Keith at the Montlake neighborhood Starbucks. It is important to find the opening and closing net worth using the same asset value . This website uses cookies to improve your experience while you navigate through the website. Vice President Paulo Henrique Bolgar Re: BNSF "Gerald Grinstein" business car. He was succeeded by Richard Anderson, a former Northwest Airlines executive. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. All Rights Reserved. GuruFocus.com is not operated by a broker or a dealer. "Until we create an independently supported black institution, a financial safety net, for those . It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. 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. You must have JavaScript enabled to use this form. Necessary cookies are absolutely essential for the website to function properly. and 1. 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. 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). Click here to see the complete history of Gerald Grinsteins form 4 insider trades. sale 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. The analogy sounded a little too simple. Today Delta is worth only $6.7 billion and Grinstein - and his team - are gone. Delta Air Lines Inc (DAL)'s detailed insider trading history can be found in Insider Trading Tracker table. UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. Grinstein also set about regaining the trust and confidence of Delta's employees. He was a Board Member of the Seattle Symphony and The Seattle Foundation. "Michael Jordan," Keith said. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. . why was carrie's sister dropped from king of queens . 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. Other recent insider transactions involving PACCAR Inc (PCAR) include 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. Author: burlingtonjohn. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Director Thanh Tan details the personal journey that inspired the first season of Crosscut Origins. sale NA: Not available or not applicable. 5Prior-year data. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Footnotes: VICE PRESIDENT/GENERAL COUNSEL Michael K Walton Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables.
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