Word: grinstein
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Amid the gloom and doom is the surprisingly cheerful Delta Air Lines CEO Gerald Grinstein, who came out of retirement to take over the airline three years ago. Now that the No. 3 carrier is emerging from 19 months of bankruptcy restructuring on April 30, and with his legacy at the company securely in place, Grinstein, 74, plans to retire (again) this fall. Until then, he is savoring a victory lap. On May 3 he flies Delta to New York City from his home base of Atlanta to relist the airline on the New York Stock Exchange as DAL, with...
...study’s authors—Friedman Professor of Law Lucian A. Bebchuk, Yaniv Grinstein of Cornell University, and Urs Peyer from the Paris-based business school INSEAD—found that board directors at 6,500 companies received “lucky grants” or backdated options for which the strike date is timed in order to maximize profit...
...this time Parker may have misjudged his target. Delta CEO Gerald Grinstein, 74, is angry that US Airways charged ahead with an unsolicited offer. To do the deal, US Airways has to get a full look at Delta's books; so far Delta execs have shown little interest in sharing. Another trouble spot may be pilots, who have waged and mostly lost battles with the airlines over salary and benefit concessions. US Airways should expect no favors. "Management must first focus on fulfilling the promises made to their investors, customers and employees for the America West--US Airways merger," says...
...doctor's absence may actually be therapeutic for the patient if he is coached to take advantage of it. According to a study of vacations made by Detroit's Dr. Alexander Grinstein, "The ego utilizes periods away from analysis to consolidate, assimilate or synthesize the insights that have been made...