gerald grinstein net worth
He became CEO of Delta in 2004, a time of financial crisis for the airline. a net 8Received options or restricted stock in lieu of portion of salary. Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe. We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. Net worth totals vary by education, age, income and other factors. A partir del 30 de octubre de 2008, Northwest Airlines hace parte de Delta Air Lines, formando as la aerolnea ms grande del mundo, volando a 375 destinos en 66 pases, transportado algo ms de 170 millones de pasajeros al ao, con cerca de 75 000 empleados a nivel mundial. Por lo tanto, el directorio actu; lo encabezaba nada menos que Gerald Grinstein. James Moon Whitehurst is an American business executive. 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. a net Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. . . a net Let us take the example of Apple and Amazon. After overseeing the firm's survival through bankruptcy and implementing a . 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. In 1997, it rebranded as US Airways. "That was a 10 percent raise!". Then you get to live here.. of 111,326 shares. Average Net Worth by Age - SmartAsset Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. He previously served as the Chief Executive Officer of Delta Air Lines from 2004 2007 and as Non-Executive Chairman of Delta Air Lines Inc.s Board of Directors from 1997 1999. Mr. Grinstein has been with the company for one year . 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 . of 350,919 shares. V.P. Hollis Loyd Harris served as President and COO of Delta Air Lines (1987-1990) and Chairman, President, and CEO of Continental Airlines (1990-1991), Air Canada (1992-1996), and World Airways (1999-2004). By using this website, you agree to our use of cookies. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. 4. Past performance is a poor indicator of future performance. Lee Moak is a government relations and public affairs consultant and one of the founders of The Moak Group, a public affairs, advocacy, and business consulting firm located in Washington, D.C. Before joining Delta Air Lines and working his way up to a B-767 Delta Air Lines captain, Moak served as a Marine Corps pilot, and as president of the Air Line Pilots Association, International (ALPA), the world's largest non-governmental aviation safety organization. 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. . Grinstein successfully guided Delta through a period of belt-tightening and restructuring, including filing for Chapter 11 bankruptcy protection. The estimated Net Worth of Gerald Grinstein is at least $32.1 Thousand dollars as of 3 May 2007. Gerald Grinstein - Wikipedia 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. Life is short. I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Analysts predicted a loss of $4.76 a share excluding special items. It was also, again, a $16,000 position. Sanjay Gupta's net worth is $12 million. I began to wax Bohemian. Jerry Grinstein is Founding Partner at Harkness Capital Partners LLC. Gerald Ronson earned the money being a professional Philanthropist. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. And when we say own, we include assets that you may still be paying for, such as a car or a house . 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 . , Keith Grinstein, 1960-2008: Exec had heart for community - seattlepi.com Prior to joining BNI, he held positions including chairman and CEO of Western Airlines, partner in the law firm Preston, Torgrimson, Ellis & Hollman, chief counsel to the United States Senate Commerce Committee, counsel to the Merchant Marine & Transportation Subcommittee, and administrative assistant to U.S. 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 served as a Chief Counsel to the United States Senate Commerce Committee and a Counsel to the Merchant Marine and Transportation Subcommittee. and 3 U.S. domestic carrier, on Monday emerged from Chapter 11 bankruptcy protection Jerry Grinstein, past CEO of Delta, to be Orser Executive Speaker on Gerald Grinstein made The estimated Net Worth of Gerald Grinstein is at least $38.1 Thousand dollars as of 3 May 2007. Operating Investors and Operators. Other recent insider transactions involving The Brink's Co (BCO) include 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. Since 2001, the annual presidential salary has been set at $400,000. and He reduced his own pay by 25%, to approximately $325,000 per year. "Until we create an independently supported black institution, a financial safety net, for those . sale But opting out of some of these cookies may affect your browsing experience. According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. After six months, he came up for review. Methodology: Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. of 8,500 shares made by Simon Davis Gerald Grinstein for Ed Bastian's 20 year pinning | Delta News Hub That could happen sometime this summer or fall, she says. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. Total compensation for each chief executive includes the following: salary and bonuses; other compensation, such as vested restricted stock grants, LTIP payouts and perks; and stock gains, the value realized by exercising stock options. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007. 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. Based on ownership reports from SEC filings, as the reporting owner, Gerald Grinstein owns 3 companies in total, including 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 Gerald Grinstein, CEO Compensation - Forbes.com 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.. 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. From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). 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. To calculate your net worth, take inventory of what you own, as well as your outstanding debt. All Rights Reserved. Presidential wealth: The net worth of every American president - USA TODAY 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. WOODS) BNSF 1 Gerald Grinstein - (J. 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. Thanks to your hard work and dedicated efforts, we garnered an unprecedented amount of support for reforming U.S. development from businesses, NGOs, think tanks, prominent individuals, Continue reading 200 + Signatories on MFAN's . Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. Some of our most successful entrepreneurs are really inventors at heart. ""Our rhetoric was terrific, but the performance wasn't there." 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. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. It is mandatory to procure user consent prior to running these cookies on your website. He was succeeded by Richard Anderson, a former Northwest Airlines executive. Mr. Grinstein grew up in a prominent Seattle family. 1. Delta Air Lines Emerges From Bankruptcy | Fox News EVP-Chief Cust Experience Offr Allison C Ausband AMR filed for Chapter11 bankruptcy protection in November 2011. 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. 30, 2006 stock price. We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. 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. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. Over the past 18 months, He was beloved by many, many people.. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. On Thursday June 27, 2019 United changed the name of its parent company from United Continental Holdings to United Airlines Holdings. 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. ", "Congress Looks at Possible Delta-US Air Merger. sale Gerald Grinstein made Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Gerald Grinstein, 56 years old, will take over as president and chief executive of Burlington Northern, effective Jan. 1. [8]. sale So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Businessman Keith Grinstein known for his humor "He does just one thing. Annualized total return during tenure covers the tenure of the executive or from the time of the IPO or available stock history. Lyn Grinstein politely declined to say how much the house will cost. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. purchase View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. 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. Start a company in the Pacific Northwest. 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. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. "Until we create an independently supported black institution, a financial safety net, for those . ", 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 was the brainchild of William Boeing and emerged from his consolidation of numerous carriers and equipment manufacturers from 1928 to 1930. Delta exits bankruptcy after 19-month restructuring | Reuters We know that Gerald's political affiliation is . Hmmm. It's a community that's done enormous good, recasting funding priorities and embracing transparency. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. The analogy sounded a little too simple. Oil Producers Hand $128 Billionto Investors as Doubts Grow About Future of Fossil Fuels, Your Saturday Briefing: Trumps Comeback Plan, Wall Street Whistles Away, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows. He became CEO of Delta in 2004, a time of financial crisis for the airline. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Gerald Grinstein - Co-Founder and Strategic Director @ Madrona Mr. Grinstein is a co-founder of Madrona Venture Group. The 72 year old executive ranks 12 within Transportation Chief executive . The use of the net worth method is demonstrated in the figure below. Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. sale He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. Gurus may be added or dropped from the GuruFocus site at any time. Added: Jun 27, 2019. "What can you say that you did with your life? Gerald Grinstein Net Worth 2022 and insider trades. Terms of Use and Privacy Policy. Just another site gerald grinstein net worth Profile | Gerald Grinstein, helped pull Delta out of nose dive , why was carrie's sister dropped from king of queens . Wherever he landed in life or career, Keith was bound to a legacy of service. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ 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. gerald grinstein net worth - albakricorp.com