S&P 500 Aggregate Buffett-Munger Screener Industry Overview Undervalued Predictable Benjamin Graham Net-Net 52-week/3Y/5Y Lows 52-week/3Y/5Y Highs Magic Formula (Greenblatt) . 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. Als Gerald Grinstein vor knapp zwei Jahren den Posten als Vorstandschef bei der amerikanischen Fluggesellschaft Delta Air Lines. And he thrives.". The most active insiders traders include Hathaway Incbuffett Warren , Benefit Guaranty Corp/132 1, and James M Kilts. a net Delta, which had previously sold its fuel hedges in a move to raise cash, was forced into an untenable cash position. 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. Wallmine is a radically better financial terminal. of 5,120 shares made by Rohan Pal Years later, Keith would rib his former boss, chief-of-staff Denny Miller. 4. As of 3 May 2007 Gerald still owns at least 1,000 units of Delta Air Lines stock. Delta entered more than 50 new international markets between 2005 and 2007 and since its merger with Northwest Airlines in 2008 has become the world's largest carrier. How to Calculate Net Worth of a Company | Formula | Top Examples Gerald Grinstein has been CEO of Delta Air Lines for 1 years. [8]. , In this episode, Bronson explains how the lessons he learned in the kitchen translated to the booth, the reason money can never be the motivation for creating art, and why he believes that imperfections are the best part of any masterpiece. , They lived just across the street for years before moving to Fort Worth, Texas, home of Burlington Northern's headquarters. ", "Congress Looks at Possible Delta-US Air Merger. "Until we create an independently supported black institution, a financial safety net, for those . Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. BUSINESS PEOPLE; Burlington Northern Names 2 Executives Delta shed non-performing assets, slashed the mainline fleet from nine models to five, and shed thousands of jobs. He was the President at IBM and chair of the board at Red Hat, and previously Chief Executive Officer at Red Hat and Chief Operating Officer at Delta Air Lines. Refer a Friend and Earn One Month of Free Membership. "Some of our most successful entrepreneurs are really inventors at heart. 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. . Businessman Keith Grinstein known for his humor The bottom 50% own just 1% of the wealth in the U.S. and have a median net worth less than $122,000. of 22,000 shares made by David S Taylor Total returns and value of stock owned (including all classes) is based on Mar. Gerald Grinstein Strategic Director. 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. We know that Gerald's political affiliation is . Delta Air Lines executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 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. These cookies do not store any personal information. It was Keith's public-service baptism, the ballast for later life. 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. BOX 20574, ATLANTA, GA, 30320. purchase 30, 2006 stock price. Most recently Gerald bought 1,000 units of DAL stock worth $21,750 on 3 May 2007. 2004-2023 GuruFocus.com, LLC. . It has three transcontinental routes that provide rail connections between the western and eastern United States. 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. Net worth totals vary by education, age, income and other factors. Gerald Grinstein is the director of The Brink's Co. Gerald Grinstein (born 1932), American air transportation executive On average, Delta Air Lines executives and independent directors trade stock every 20 days with the average trade being worth of $4,340,244. Everybody said, Yeah, I know Keith Grinstein hes my best friend, Hanauer recalled. He and his wife have lived there while overseeing work on their nearly finished $65 million estate a few blocks away. DELTA LOSS INCREASES PRESSURE ON PILOTS - Orlando Sentinel (Gerald Grinstein says)(Brief Article). The Brink's Co (BCO)'s detailed insider trading history can be found in Insider Trading Tracker table. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. (Burlington Northern CEO Gerald Grinstein) (The Competitors) (Cover Story) (Interview). The use of the net worth method is demonstrated in the figure below. Then you get to live here.. Northwest also performed worse than expected, losing $5.07 a . 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. UAL held a 100 percent controlling interest in United Airlines, Inc., one of the world's largest air carriers, and is a founding member of the Star Alliance. 7Less than $100,000. (PDF) Flight Capital; Gerald Grinstein put bankrupt - ResearchGate Daniel Allen 'Dan' Carp is the former chairman and chief executive officer of the Eastman Kodak Company. Stock quotes are delayed at least 15 minutes for Nasdaq, at least 20 minutes for NYSE/AMEX. ", "Delta Air Lines needs to cut costs, says CEO. and Previously, he served as the Chairman and Chief Executive Officer at Western Air Lines Inc. and as the Chairman and CEO of Burlington Northern Inc. 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. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. Who Runs Fort Worth? - D Magazine 3Three-year total. 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. gerald grinstein net worth. "Until we create an independently supported black institution, a financial safety net, for those . Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. sale Delta's sale of frequent flier miles, particularly to American Express, is a keydriver of the firm's profits. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. Some of our most successful entrepreneurs are really inventors at heart. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. 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. Picture a young-end Baby Boomer as a throwback to Seattle's civic lions, circa 1962. She did say the couple plan to make some changes. And when we say own, we include assets that you may still be paying for, such as a car or a house . A co-founder of Madrona Investment Group, Jerry served on the board of portfolio company Expedia.com. Anderson inherited an angry board of directors and impatient . The gurus listed in this website are not affiliated with GuruFocus.com, LLC. James Moon Whitehurst is an American business executive. . There won't be a "For Sale" sign swinging in front of Bill and Melinda Gates' house when they move to their new high-tech estate. Hurricane Katrina resulted in a dramatic spike in jet fuel prices in Atlanta, which houses Delta's largest hub operation. 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. of 57,951 shares made by Harrie Schippers Gerald Grinstein - Wikipedia George Seeley Net worth, Height, Bio,Career, Relation, Fact, Social Media The Brink's Co (BCO) 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. Even before that, every president has been paid well. , Burlington Northern Santa Fe Railway | Encyclopedia.com gerald grinstein net worth - albakricorp.com 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. The Grinsteins have had their eye on the mansion for quite a while. I continued pressing. Edward H. Bastian is an American business executive. . Friends and business associates said Monday they were struggling to cope with the news of his sudden death. Jerry is a founding partner of Harkness Capital and a Board Advisor to Kane is Able. On September 14, 2005, Delta and its subsidiaries filed a petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. 1:06. After overseeing the firm's survival through bankruptcy and implementing a . Gerald Grinstein EducacinyCarrera de negocios ""Our rhetoric was terrific, but the performance wasn't there." Gerald has made over 1 trades of the Delta Air Lines stock since 2007, according to the Form 4 filled with the SEC. He sought to maintain communication with the Delta Board Council and with representatives of frontline employees. The most efficient rank is 1 and least efficient is 189. "We aren't sure what we will do with it," she said. Every Sunday morning, Crosscut's weekly email sums up the best stories of the week. A friend recalls a good guy of the dot-com generation of executives, a dynamo who knew the importance of living in the now. 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. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon became a commercial passenger airline. Gerald Ronson earned the money being a professional Philanthropist. gerald grinstein net worth - anmolsahota.com U.S. Net Worth Statistics: The State of Wealth in 2023 - FinanceBuzz Delta expects to cut net debt by more than half to $7.6 billion at the end of 2007 from . 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. BNSF Railway is one of the largest freight railroads in North America. PACCAR Inc (PCAR)'s detailed insider trading history can be found in Insider Trading Tracker table. 0:01. (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). Gerald Grinstein, CEO of Delta Air Lines (DAL), Earns $382,207 - Forbes Its trucks are sold through over 2,300 independent dealers globally. purchase "He does just one thing. Gerald Grinstein made Keith Grinstein, who died unexpectedly on Sunday, Sept. 28, at age 48, was a kinetic entrepreneur and altruist, as hilarious as he was intense. Looking for some big-brother-ish guidance a few years back, I met up with Keith at the Montlake neighborhood Starbucks. "Michael Jordan," Keith said. That could happen sometime this summer or fall, she says. "Some of our most successful entrepreneurs are really . He returned to Madrona in late 2007 after a leave of absence serving as CEO of Delta Air Lines for almost four years. Gerald Ronson is from British. . 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. 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. This website uses cookies to improve your experience while you navigate through the website. Gerald Grinstein made [1] In this position he helped form the corporate entity that resulted in BN's merger which formed the BNSF Railway. Grinstein appointed new executives to Delta who assisted in the company's survival despite the airline's precarious financial position. Mr. Grinstein died unexpectedly Sunday (Sept. 28) of an undisclosed cause. By 2007, Delta's mainline operation employed approximately 47,000, down from a high of 78,000 in 2001. California Weighs $360,000 in Reparations to Eligible Black Residents. During Delta's bankruptcy, Grinstein and his management team accelerated the restructuring process that they had started in 2004. 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. Gerald Grinstein, 56 years old, will take over as president and chief executive of Burlington Northern, effective Jan. 1. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Keith Grinstein was such a ubiquitous Seattle business figure that it often seemed as if he knew everyone. Gerald Grinstein. Jerry Grinstein, Harkness Capital Partners LLC: Profile and Biography Delta's restructuring is projected to more than halve its net debt to $7.6 billion at the end of 2007 from $16.9 billion at June 30, 2005, it said. AMR Corporation was an airline holding company based in Fort Worth, Texas, which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. He spent a cool $71,000 for his Tesla, in large part because it is U.S. built, incorporates U.S. technology, and is the result of U.S. innovation. why was carrie's sister dropped from king of queens . [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. When the company emerged from Chapter 11 in 2007 . 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 [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. Previous to Gerald's current city of Seattle, WA, Gerald Grinstein lived in Atlanta GA and Medina WA. 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. Picture a young-end Baby Boomer as a throwback to . US Airways Group Inc. was an airline holding company based in Tempe, Arizona. 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 Gerald ("Jerry") Grinstein (nacido en 1932) es un hombre de negocios estadounidense, ex director ejecutivo (CEO) de Delta Air Lines . Harkness Capital Partners Team. Gerald Grinstein is the director & Chief Executive Officer of Delta Air Lines Inc. Necessary cookies are absolutely essential for the website to function properly. a net C.E. This paint scheme was later applied to the railroad's last order for locomotives before the merger, the EMD SD70MAC. 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 . Jerry is also a board member of the William D. Ruckelshaus Center. See Jerry Grinstein's compensation, career history, education, & memberships. sale 1Annualized. Profile | Gerald Grinstein, helped pull Delta out of nose dive Operating Investors and Operators. , and and Gerald Grinstein of Burlington Northern Inc.; . Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines.He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. It was announced on May 3, 2010 that UAL Corporation and Continental Airlines, Inc. would pursue a merger pending government approval. [5] In negotiations with ALPA, the Delta pilots' union, he secured deep concessions in order to help the company stave off bankruptcy. In addition, he makes $615,987 as CEO & Director at Delta Air Lines. 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. Built in 1941, the Evergreen Point Road mansion once was home to former SuperSonics star Jack Sikma. Lyn Grinstein politely declined to say how much the house will cost. Amy Martinez: 206-464-2923 or amartinez@seattletimes.com, Fire on Lake City Way in Seattle raises smoke, flooding concerns, WA to end masking requirement in health care, correctional facilities, Tacoma woman refusing tuberculosis treatment continues to face arrest, Be bolder to get light rail done, expert panel tells Sound Transit, Driver makes U-turn, hits pedestrian near Pioneer Square, police say. It was meaningful do-gooderism as an end in itself. After overseeing the firm's survival through bankruptcy and implementing a . We also use third-party cookies that help us analyze and understand how you use this website. He ended his service to Delta by retiring from his position as CEO in 2003, and as chairman of the board in 2004. EVP-Chief Cust Experience Offr Allison C Ausband Will His AI Plans Be Any Different? LEATHERBERRY) BNSF 1 Gerald Grinstein - (E.C . We note that Apple's Net worth is $134.05 billion, and that of Amazon is $19.2 billion. 9Received options or restricted stock in lieu of portion of bonus. Grinstein received a BA from Yale University in 1954 and a JD from Harvard Law School in 1957. 2Four-year total. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. 10Includes shares indirectly held. After six months, he came up for review. a net 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. Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former Chief Executive Officer (CEO) of Delta Air Lines. Delta Air Lines Inc (DAL) Average Net Worth by Age: How Do You Compare? - NerdWallet A memorial service will be at 12:30 p.m. Monday (Oct. 6) at Temple De Hirsch Sinai, 1511 East Pike St., Seattle. 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). For example, if someone owes more than the total value of their assets, they have a negative net worth. Presidential wealth: The net worth of every American president - USA TODAY BNSF trains traveled over 169million miles in 2010, more than any other North American railroad. 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. What is Gerald Grinstein's Net Worth? In summary, during the past 3 months, insiders sold 30,856 shares of Delta Air Lines Inc (DAL) in total and bought 12,880 shares, with a net He was beloved by many, many people.. A year ago, we served together on a foundation finance committee. Stock quotes provided by InterActive Data. 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. 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. 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. It is important to find the opening and closing net worth using the same asset value . . Grinstein received the Railroader of the Year award in 1996. Pinnacle Airlines Corporation was an American holding company headquartered in Memphis, Tennessee, and was the parent company of Pinnacle Airlines and Colgan Air until Colgan was closed down in 2012. 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. But opting out of some of these cookies may affect your browsing experience. 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. 4Less than 0.01%. 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. Donations may be made in Mr. Grinsteins memory to the Humane Society of Seattle-King County, 16495 N.E. I was acting the obnoxious Hamlet. JA Hall of Fame: Gerald Grinstein - Puget Sound Business Journal blockbuster store still open near haarlem. 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. [3]. Mr. Grinstein is a co-founder of Madrona Venture Group. 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. US Airways was a major U.S. airline that operated from 1937 until its merger with American Airlines in 2015. Net Worth Defined: What Is My Net Worth? - NerdWallet , WOODS) BNSF 1 Gerald Grinstein - (E.C. All Rights Reserved. He became CEO of Delta in 2004, a time of financial crisis for the airline. Enjoy a 7-Day Free Trial Thru Mar 11, 2023! 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. [2] While at the helm of BN, Grinstein adopted a new paint scheme for the railroad's executive office car train. He is the former non-executive chairman of Agilent Technologies and former chairman and CEO of Burlington Northern Inc. (BNI), where he oversaw the companys acquisition of Santa Fe Pacific Corporation, which created the nations largest railroad. UAL Corporation would acquire Continental Airlines, Inc. and change its name to United Continental Holdings (UCH). Footnotes: Gerald Grinstein Net Worth (2022) | wallmine Delta Air Service was incorporated on December 3, 1928, and named after the Mississippi Delta region. Primary Income source Philanthropist (profession). 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. Gerald Grinstein Net Worth (2023) | wallmine 51.5 million families are in this group. and of 153,713 shares. So when Gerald Grinstein retired last year and headed back to Seattle, he struck a deal with Gates. Burlington Northern operated between 1970 and 1996. "Come on," Denny reminded him. 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. You must have JavaScript enabled to use this form. At the time of the bankruptcy filing, Delta's total debt was approximately $23.8 billion. His new salary was set at $17,600. "I may put a sign on the waterfront saying `Bill has moved' with an arrow pointing up the shore," she joked. no insider transaction in The Brink's Co (BCO). Gerald's mailing address filed with the SEC is DELTA AIR LINES, INC., P.O. 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. The middle 40% of U.S. families own 22% of the wealth. Gerald Grinstein made Under Review. In 2003, much to his surprise, the state's revenue agency presented him with a bill for $25 million, including penalties and interest, for the previous four years' worth of art purchases. Team | Harkness Capital Partners | Capital and Resources to Support Growth The estimated Net Worth of Gerald Grinstein is at least $39 Tysic dollars as of 3 May 2007. Average Net Worth by Age - SmartAsset The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables.