gerald grinstein net worth
Burlington Northern operated between 1970 and 1996. Gerald Grinstein Net Worth (2022) | wallmine a net Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Grinstein also set about regaining the trust and confidence of Delta's employees. 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 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. Gerald Grinstein. They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. 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. sale . 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. MFAN's Open Letter to the President on the U.S. It was Keith's public-service baptism, the ballast for later life. 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. PACCAR Inc (PCAR) Ranks are given only to chief executives who have a six-year tenure and six-year compensation history. Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The 72 year old executive ranks 12 within Transportation Chief executive . Named for its creator, "Grinstein Green" was applied to the train's F-units along with a cream colored stripe down the middle. Total returns and value of stock owned (including all classes) is based on Mar. On the same date, Thomas H. O'Leary, 54, will become president and chief . By. A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. why was carrie's sister dropped from king of queens . Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. He became CEO of Delta in 2004, a time of financial crisis for the airline. 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). He had an incredible sense of humor. Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. It was meaningful do-gooderism as an end in itself. And he thrives.". "The timing seemed right," Lyn Grinstein said. 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. It's a community that's done enormous good, recasting funding priorities and embracing transparency. See Jerry Grinstein's compensation, career history, education, & memberships. According to author Harry Nolan, Harris led the latter three airlines "out of the turbulence of financial instability toward profitability." 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 . Annualized total return during tenure covers the tenure of the executive or from the time of the IPO or available stock history. 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? Longtime friend Nick Hanauer Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. 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. , Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. , Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. The analogy sounded a little too simple. The car was built by Budd in 1952 as a business car for the Chicago, Burlington & Quincy RR. and From 1985 to 1995 Grinstein was CEO of Burlington Northern Railroad (BN). purchase In summary, during the past 3 months, insiders sold 0 shares of The Brink's Co (BCO) in total and bought 0 shares, with a net of 8,500 shares made by Simon Davis , 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 grinstein net worth. 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. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. [4] Grinstein embarked on a number of cost-cutting measures, including a major out-of-court restructuring of the company's long term debt and outsourcing of some heavy aircraft maintenance and ramp handling operations. , He was just everywhere.. , Mr. Grinstein is a co-founder of Madrona Venture Group. The Columbian black-tail deer has become a habitat threat, creating ideal conditions for invasive plants and forest fires. WOODS) BNSF 1 Gerald Grinstein - (J. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. By subscribing, you agree to receive occasional membership emails from Crosscut/Cascade Public Media. and 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. Re: BNSF "Gerald Grinstein" business car. Grinstein negotiated a second concessionary agreement from ALPA, imposed a second round of paycuts on nonunion employees, and froze the nonunion employee pension plan. Terms of Use and Privacy Policy. Other names that Gerald uses includes Gerald B Greinstein, Gerald Grienstein, Jerry Grinstein, Gerald B Grinstein and Geral Grinstein. a net 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. 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. 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. 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. Peter Jackson is the former editorial-page editor of the Everett Herald. 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. Email. , 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. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. 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. Mr. Grinstein grew up in a prominent Seattle family. "He does just one thing. Grinstein was the CEO of Delta Air Lines from 2004 to 2007. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. The company emerged from bankruptcy on December 9, 2013, and at the same time announced that it would merge with US Airways Group to form a new company, American Airlines Group. . Necessary cookies are absolutely essential for the website to function properly. He became CEO of Delta in 2004, a time of financial crisis for the airline. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. On the first anniversary of Russia's invasion, dozens gathered at St. Johns Episcopal Church to honor the lives lost. It was also, again, a $16,000 position. 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) After six months, he came up for review. For example, if someone owes more than the total value of their assets, they have a negative net worth. Analysts predicted a loss of $4.76 a share excluding special items. Compensation percent change is based on combined salary and bonus. 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. 10Includes shares indirectly held. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. and On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. No matter what the situation was, he could always find the light side.. The Grinsteins have had their eye on the mansion for quite a while. The use of the net worth method is demonstrated in the figure below. "I may put a sign on the waterfront saying `Bill has moved' with an arrow pointing up the shore," she joked. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. Looking for some big-brother-ish guidance a few years back, I met up with Keith at the Montlake neighborhood Starbucks. Gerald Grinstein made Grinstein received the Railroader of the Year award in 1996. The Air Line Pilots Association, International (ALPA) is the largest pilot union in the world, representing more than 59,000 pilots from 35 U.S. and Canadian airlines. Based on ownership reports from SEC filings, as the reporting owner, Gerald Grinstein owns 3 companies in total, including V.P. You also have the option to opt-out of these cookies. [8]. The most recent stock trade was executed by Joanne D Smith on 28 February 2023, trading 4,846 units of DAL stock currently worth $186,232. 1:06. It is important to find the opening and closing net worth using the same asset value . When he is not at work, you may find him sneaking off to fly fish or trying a new restaurant. ", "DELTA IN TRANSITION\ MULLIN ERA COMES TO A SURPRISE CLOSE.(Business). Gerald Grinstein was born on 06/26/1932 and is 90 years old. Gerald Grinstein Strategic Director. When the company emerged from Chapter 11 in 2007 . ", 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. Its trucks are sold through over 2,300 independent dealers globally. . To calculate your net worth, take inventory of what you own, as well as your outstanding debt. Click here to see the complete history of Gerald Grinsteins form 4 insider trades. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Founding Partner, Harkness Capital Partners LLC. (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). It has three transcontinental routes that provide rail connections between the western and eastern United States. [8], ""Our rhetoric was terrific, but the performance wasn't there." Stock quotes provided by InterActive Data. Other recent insider transactions involving The Brink's Co (BCO) include 2023 Harkness Capital Partners | Admin Login, CEO: Delta Air Lines; Burlington Northern Inc.; Western Airlines, Chairman: Delta Air Lines; Burlington Northern Inc.; Western Airlines, Board Member: Aligent Technologies; Light Sciences Corporation; Browning-Ferris Industries; VANS, Inc.; Imperial Sugar Co,; PACCAR Inc.; Sunstrand Corporation; Foundation Bank; ThinkFire Services USA; Portland General Electric Co.; The Brinks Company; Pittston Minerals Group; Vascular Reconditioning Inc; Bax Global; Expedia.com, Private Equity Boards: Kane is Able; Jacobson Companies; Co-Founder, Madrona Investment Group: Advisor, Oak Hill Capital Partners. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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. Gerald Grinstein for Ed Bastian's 20 year pinning. , 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. trader joe's chocolate ganache cake LIVE; madison 56ers apparel; gerald grinstein net worth. "That was a 10 percent raise!". 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. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. Carp served as the chairman of the board of Delta Air Lines, replacing former chairman Gerald Grinstein. BNSF No. The most efficient rank is 1 and least efficient is 189. Gerald Grinstein has been CEO of Delta Air Lines for 1 years. The Grinsteins have had their eye on the mansion for quite a while. A year ago, we served together on a foundation finance committee. ""Our rhetoric was terrific, but the performance wasn't there." He was a Board Member of the Seattle Symphony and The Seattle Foundation. . ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. 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, ACE Aviation Holdings, the Canadian parent of Air Canada retained a roughly 6.1% investment stake in US Airways Group. Too many, however, have boosted vanity projects or expressed do-gooderism as an extension of themselves. These cookies do not store any personal information. He'd rock in his armchair and rapid-fire acronyms, liquidity trends, and other arcana. 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. purchase 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. El proceso de integracin de NWA a Delta, tardar entre 12 y 24 meses, para finalmente operar bajo el mismo . David Brown He reduced his own pay by 25%, to approximately $325,000 per year. The company's only surviving airline, Pinnacle, became Endeavor Air. He was 48. ". In the 1990s, Keith became a member of Seattle's dot-com aristocracy, those youngins who shoveled their Gold Rush loot and remade local philanthropy. In Fort Worth, The Civilized West, . I continued pressing. sale and 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. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. of 3,017 shares made by Todd R Hubbard Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. purchase sale We rely on donations from readers like you to sustain Crosscut's in-depth reporting on issues critical to the PNW. Gerald Grinstein Net Worth (2022) | wallmine (Gerald Grinstein says)(Brief Article). These cookies will be stored in your browser only with your consent. Woolman, general manager and later Delta's first CEO, led a group of investors to acquire the company's assets. 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. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. Keith Grinstein, a 1978 graduate of Seattles Lakeside School, earned a bachelors degree from Yale University and a law degree from Georgetown. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. of 17,976 shares. 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. Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. Known internationally as U.S.-ALPA, ALPA is also a member of the IFALPA. The first step is to calculate the net worth of the individual at the start and end of the period. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. 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. Other key executives at The Brink's Co include 9Received options or restricted stock in lieu of portion of bonus. Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . The company contracted its airlines to fly in the aircraft livery of other airlines such as Delta Air Lines and United Airlines. 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. Will His AI Plans Be Any Different? UAL Corporation is the former name of United Airlines Holdings, an airline holding company, incorporated in Delaware with headquarters in Chicago, Illinois. no insider transaction in PACCAR Inc (PCAR). All Rights Reserved. Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. On October 1, 2010, UCH, formerly UAL Corporation, announced completion of the merger. Mr. Grinstein has been with the company for one year . "We might remodel, we might start over again. sale All content in this area was uploaded by Mark Tatge on Feb 28, 2015 Se convirti en director ejecutivo de Delta en 2004, una poca de crisis financiera para la aerolnea. Por lo tanto, el directorio actu; lo encabezaba nada menos que Gerald Grinstein. read more (market . Wherever he landed in life or career, Keith was bound to a legacy of service. The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. He became CEO of Delta in 2004, a time of financial crisis for the airline. Hmmm. 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. "The timing seemed right," Lyn Grinstein said. It's a "what if" that only magnifies the grief, the break of a generational thread that can't be mended. He is the former non-executive chairman of Agilent Technologies, and former chairman and CEO of Burlington Northern (BNI), where he oversaw. "Of course, it has taken a little longer than anticipated (for them to move out), but they're trying their best.". 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." California Weighs $360,000 in Reparations to Eligible Black Residents. Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. I would quietly write down what few nuggets I could comprehend, usually "Dow Jones" and "buy low." 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. The Brink's Co (BCO) On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. a net He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. Start a company in the Pacific Northwest. 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. BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. Compensation rank is based on total compensation for latest fiscal year. BOX 20574, ATLANTA, GA, 30320. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. 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. of 57,951 shares made by Harrie Schippers 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. 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. 1 carries the name "Gerald Grinstein." Grinstein was Chairman and CEO of the Railroad from 1985 to 1995, a period of extensive growth. & CHIEF TECH. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. Since 2001, the annual presidential salary has been set at $400,000. He was CEO of Nextel International from 1996 to 1999. He was beloved by many, many people.. Gerald Grinstein is the director of PACCAR Inc. 1Annualized. "Come on," Denny reminded him. Gerald Grinstein Net Worth 2022 and insider trades. 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. Added: Jun 27, 2019. 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. 5Prior-year data. It was humbling. ", "Railroaders of the year: matchmakers Rob Krebs, Jerry Grinstein. 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). . Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. 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. He was 48. 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. View Gerald Grinstein results including current phone number, address, relatives, background check report, and property record with Whitepages. 8Received options or restricted stock in lieu of portion of salary. We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. Other key executives at Delta Air Lines Inc include The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. We use cookies to provide you with a great experience and to help our website run effectively. Gerald Ronson is from British. Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. of 350,919 shares. You must have JavaScript enabled to use this form. UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). 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. What should I do with my life? 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. 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 . A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Northwest also performed worse than expected, losing $5.07 a . I was acting the obnoxious Hamlet. Exchange trademark and copyright notices. Browse 63 gerald grinstein stock photos and images available or start a new search to explore more stock photos and images. [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. You have to seize something now, something you love, and run with it.". Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. In summary, during the past 3 months, insiders sold 153,713 shares of PACCAR Inc (PCAR) in total and bought 0 shares, with a net LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . and The estimated Net Worth of Edward H Bastian is at least $56.8 Million dollars as of 31 August 2022. 51.5 million families are in this group. Relative to market is the ending value of $100 invested in the stock, divided by the ending value of $1 invested in the S&P 500 (a score of 100 = the S&P 500). 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. Calculating net worth is one way to gauge financial health.