Other recent insider transactions involving Delta Air Lines Inc (DAL) include Son complemented father, both emblematic of service above self; each was shrewd at tackling complex problems while highlighting the absurdity of certain politicians and other inflated egos. Seattle Times researcher David Turim contributed to this story. a net Annualized total return during tenure covers the tenure of the executive or from the time of the IPO or available stock history. BUSINESS PEOPLE; Burlington Northern Names 2 Executives It is important to find the opening and closing net worth using the same asset value . Gerald Grinstein - Harkness Capital Partners Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. 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. EVP & Chief Financial Officer Daniel C. Janki Life is short. What should I do with my life? On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. It's a community that's done enormous good, recasting funding priorities and embracing transparency. Grinstein also set about regaining the trust and confidence of Delta's employees. Gerald Grinstein - The William D. Ruckelshaus Center He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. And he thrives.". Gerald Grinstein - Wikipedia He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. 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. Since 2001, the annual presidential salary has been set at $400,000. The Grinsteins have had their eye on the mansion for quite a while. On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. [3]. The use of the net worth method is demonstrated in the figure below. Edward H. Bastian Net Worth (2023) | wallmine When its one-time expenses were included, Delta lost $7.64 a share. A native of Wytheville, Virginia, Carp currently lives in Naples, Florida. 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Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. He is the ninth and current chief executive officer of Delta Air Lines, serving in this role since May 2, 2016. The car was built in 1952 for then CB&Q President Harry Murphy. By using this website, you agree to our use of cookies. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. "What can you say that you did with your life? , Gerald Grinstein owns over 1,000 units of Delta Air Lines stock worth over $39,030 and over the last 19 years Gerald sold DAL stock worth over $0. 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 Gerald Grinstein Strategic Director. In addition to his work in medicine and broadcast journalism, he has . Sanjay Gupta's House in Atlanta, GA (Bing Maps) - Virtual Globetrotting He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 2023 Cascade Public Media. Re: BNSF "Gerald Grinstein" business car. The Grinsteins have had their eye on the mansion for quite a while. 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. purchase Delta Air Lines Inc is airlines, with a network of over 300 destinations in more than 50 countries. Gerald Grinstein Net Worth (2022) | wallmine The information on this site is in no way guaranteed for completeness, accuracy or in any other way. . 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. Among his survivors are his wife, Claire, his parents and his brother, Charles. 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 . Keith had the good judgment to concentrate on a few community totems and behind-the-scences volunteering that employed his skills as an investment guru. 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? Gerald Grinstein owns over 1,000 units of Delta Air Lines stock worth over $38,070 and over the last 19 years Gerald sold DAL stock worth over $0. 1. 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. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. In the meantime, the Grinsteins are renting a home nearby. Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits. Over the past 18 months, GuruFocus.com is not operated by a broker or a dealer. [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. Musk Made a Mess at Twitter. sale 5Prior-year data. "Until we create an independently supported black institution, a financial safety net, for those . , 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 Gerald Grinstein was American air transportation executive. 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. 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). Del Quentin Wilber. 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. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. and George Seeley Net worth, Height, Bio,Career, Relation, Fact, Social Media PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. Gerald Grinstein: Turbulenzen statt Ruhestand - Politik - FAZ 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. He was succeeded by Richard Anderson, a former Northwest Airlines executive. Gerald Grinstein is the director of The Brink's Co. Median net worth . I was acting the obnoxious Hamlet. After six months, he came up for review. 8Received options or restricted stock in lieu of portion of salary. Gerald Grinstein Net Worth 2022 and insider trades. We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW. "He does just one thing. Gerald Grinstein for Ed Bastian's 20 year pinning. Bar: District of Columbia, Washington. 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. 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. no insider transaction in Delta Air Lines Inc (DAL). Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. . Longtime friend Nick Hanauer, with whom he started the Seattle venture-capital fund Second Avenue Partners, called Mr. Grinstein a walking Rolodex., He loved to talk and tell jokes and he may have been the funniest guy in Seattle, Hanauer said. Other recent insider transactions involving The Brink's Co (BCO) include It is mandatory to procure user consent prior to running these cookies on your website. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. 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. Gerald Grinstein - Address & Phone Number | Whitepages ATLANTA Gerald Grinstein took the helm of Delta Air Lines at an age when many chief executives have given up the corner office for leisurely days of fly fishing or . "The timing seemed right," Lyn Grinstein said. His father, Gerald Grinstein, is a former CEO of Burlington Northern and Delta Air Lines.
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