gerald grinstein net worth

read more (market . "Some of our most successful entrepreneurs are really inventors at heart. Calculating net worth is one way to gauge financial health. 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. 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." OFFICER John N Rich 8Received options or restricted stock in lieu of portion of salary. Necessary cookies are absolutely essential for the website to function properly. These cookies do not store any personal information. 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. One proposal involves replacing the waterscape dinosaur sculptures and all with a meadow of native plants. [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. 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. 4Less than 0.01%. 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. Wherever he landed in life or career, Keith was bound to a legacy of service. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. Operating Investors and Operators. 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. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. After overseeing the firm's survival through bankruptcy and implementing a . EVP & Chief Financial Officer Kurt B Mcmaken The most efficient rank is 1 and least efficient is 189. Wells. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. 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. Mr. Grinstein is a graduate of Yale College and Harvard Law School. Previously, he served as the Chairman and Chief Executive Officer at Western Air Lines Inc. and as the Chairman and CEO of Burlington Northern Inc. The first step is to calculate the net worth of the individual at the start and end of the period. 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 . Wise counsel from a wise man: Do one thing well. You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. (Gerald Grinstein says)(Brief Article). Mr. Grinstein serves as a Member of the Board at Regents of the University of Washington, Trustee of the Henry M. Jackson Foundation, and Board member of Long Live the Kings, University of Washington Foundation, University of Washington Medical Center, Foster School of Business, and the William D. Ruckelshuas Center. 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. Mr. Grinstein has been with the company for one year . In addition to his work in medicine and broadcast journalism, he has . He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . In 1953, it was renamed Allegheny Airlines and operated under that name for a quarter-century. "I don't think we'll be as interesting.". A Seattle native, Jerry is a graduate of Yale University and Harvard Law School. Other key executives at PACCAR Inc include It was Keith's public-service baptism, the ballast for later life. The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. ", "Congress Looks at Possible Delta-US Air Merger. 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. Analysts predicted a loss of $4.76 a share excluding special items. 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. [3]. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. He had an incredible sense of humor. "Of course, it has taken a little longer than anticipated (for them to move out), but they're trying their best.". 7Less than $100,000. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. Other recent insider transactions involving The Brink's Co (BCO) include In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The estimated Net Worth of Edward H Bastian is at least $56.8 Million dollars as of 31 August 2022. . Grinstein also set about regaining the trust and confidence of Delta's employees. How federal weed legalization would impact Washington state, ArtSEA: Bronze books in Bellevue and a rush of Seattle readings, The egg shortage won't end anytime soon. We also use third-party cookies that help us analyze and understand how you use this website. He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Added: Jun 27, 2019. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). "Until we create an independently supported black institution, a financial safety net, for those . blockbuster store still open near haarlem. It merged with America West Holdings Corporation, parent of America West Airlines, in 2005, and the combined company adopted the better-known US Airways name; the two airlines' operating certificates merged in 2007. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Seattle Times researcher David Turim contributed to this story. Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. of 350,919 shares. But opting out of some of these cookies may affect your browsing experience. ", "Congress Looks at Possible Delta-US Air Merger. Over the past 18 months, 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. 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. We know that Gerald's political affiliation is . It was humbling. Bill Gates bought the place from Sikma in 1993 for $8 million. Bressler retired in 1990, and Grinstein assumed the additional post of chairman. Gerald Grinstein made ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. 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. He is the former non-executive chairman of Agilent Technologies and former chairman and CEO of Burlington Northern Inc. (BNI), where he oversaw the companys acquisition of Santa Fe Pacific Corporation, which created the nations largest railroad. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. By. of 3,017 shares made by Todd R Hubbard 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. 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 . AMR filed for Chapter11 bankruptcy protection in November 2011. 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. Gerald Grinstein Strategic Director. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. of 111,326 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. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. Mr. Grinstein grew up in a prominent Seattle family. 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 . I was acting the obnoxious Hamlet. Grinstein received the Railroader of the Year award in 1996. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. (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). of 29,672 shares made by Joanne D Smith "Just imagine that you'll only live to be 40," Keith said. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. Just another site gerald grinstein net worth of 4,880 shares. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. 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) 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 Above is the net worth, insider trading, and ownership report for Gerald Grinstein. Compensation rank is based on total compensation for latest fiscal year. It's a community that's done enormous good, recasting funding priorities and embracing transparency. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines.He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. 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 To calculate your net worth, take inventory of what you own, as well as your outstanding debt. After overseeing the firm's survival through bankruptcy and implementing a . He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987.

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