gerald grinstein net worthglee quarterback behind the scenes

He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. "Michael Jordan," Keith said. "Of course, it has taken a little longer than anticipated (for them to move out), but they're trying their best.". ALPA was founded on 27 July 1931 and is a member of the AFL-CIO and the Canadian Labour Congress. 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. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. sale Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. 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. "Until we create an independently supported black institution, a financial safety net, for those . 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. sale 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. VICE PRESIDENT/GENERAL COUNSEL Michael K Walton Edward H. Bastian is an American business executive. There isnt anyone in business in Seattle who doesnt know Keith. Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. 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 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. and Gerald Grinstein of Burlington Northern Inc.; . Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. 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. Gerald Ronson is from British. Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits. a net The bottom 50% includes 64.3 million families, with 13.4 million of these families having a negative net worth. You can see the complete history of Gerald Grinstein stock trades at the bottom of the page. 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 . Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Wherever he landed in life or career, Keith was bound to a legacy of service. 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. 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. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. 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 The current estimated net worth of Delta Air Lines Inc's Chief Executive Officer, Gerald Grinstein, is estimated to be about $883.35K .Gerald Grinstein owns . 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. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. "What can you say that you did with your life? Gerald Grinstein Net Worth (2022) | wallmine [8]. CCAir, Inc. was a regional airline headquartered in Charlotte, North Carolina, United States. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. Even before that, every president has been paid well. The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. 2023 Cascade Public Media. The estimated Net Worth of Edward H Bastian is at least $56.8 Million dollars as of 31 August 2022. Calculating net worth is one way to gauge financial health. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. 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. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. The car was built in 1952 for then CB&Q President Harry Murphy. Senator Warren G. Magnuson. Over the past 18 months, This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. , George Washington's salary of $25,000 was . This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. OFFICER John N Rich 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, Mr. Grinstein has been with the company for 2 years.The 73 year old executive ranks 15 within Transportation Education College: Yale BA '54 Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. sale Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. 9Received options or restricted stock in lieu of portion of bonus. Gerald Grinstein for Ed Bastian's 20 year pinning. Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. Gerald Grinstein made Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses. When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant. He became CEO of Delta in 2004, a time of financial crisis for the airline. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. 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. You also have the option to opt-out of these cookies. , It was also, again, a $16,000 position. We'll focus on the median and average net worth figures for different age groups: Age of head of family. All Rights Reserved. Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. 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 . He was just everywhere.. She did say the couple plan to make some changes. 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. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . Del Quentin Wilber. He became CEO of Delta in 2004, a time of financial crisis for the airline. , Sanjay Gupta's net worth is $12 million. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). 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. Controller Michael E Sweeney ". Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. Mr. Grinstein is a co-founder of Madrona Venture Group. sale A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. 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 . Gerald Grinstein. His father, Gerald Grinstein, is a former CEO of . [8], ""Our rhetoric was terrific, but the performance wasn't there." Over the last 20 years, insiders at Delta Air Lines have traded over $1,301,099,874 worth of Delta Air Lines stock and bought 6,749,673 units worth $322,412,006 of 1,500 shares made by Timothy Joseph Tynan The Grinsteins have had their eye on the mansion for quite a while. When its one-time expenses were included, Delta lost $7.64 a share. Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. 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. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. Above is the net worth, insider trading, and ownership report for Gerald Grinstein. , Stock quotes provided by InterActive Data. 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. It also operates additional companies that provide associated services. of 153,713 shares. Re: BNSF "Gerald Grinstein" business car. US Airways Group Inc. was an airline holding company based in Tempe, Arizona. a net 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. ", 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. It's a "what if" that only magnifies the grief, the break of a generational thread that can't be mended. 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. Peter Jackson is the former editorial-page editor of the Everett Herald. The most efficient rank is 1 and least efficient is 189. 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 (Jerry) Grinstein 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. 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. John Scott Kirby is an American executive currently serving as CEO of United Airlines. and 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. EVP & Chief Financial Officer Kurt B Mcmaken LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . There was a dervish-style coherence to his method, but I was clueless. A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. sale The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. ", "Delta Air Lines needs to cut costs, says CEO. 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. You must have JavaScript enabled to use this form. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. These cookies do not store any personal information. His new salary was set at $17,600. MFAN's Open Letter to the President on the U.S. Its chief executive, Gerald Grinstein, plans to leave the leadership post after a successor is found. Other key executives at Delta Air Lines Inc include

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