Delta’s Gerald Grinstein to Retire – Again

Delta Airlines is reporting that CEO Gerald Grinstein will retire after the carrier emerges from bankruptcy early in 2007. By my count, this is Jerry’s fourth retirement: First, he left Western Airlines as CEO in 1987. Second, was his retirement as CEO at Burlington Northern Santa Fe Corp in 1995. Third, he retired as Chairman of Agilent Technologies in 2002. And now, Delta will give Jerry the proverbial Gold Watch. All this is proof that you cannot keep a good man down.