Gerald Greenwald

It isn't easy running a huge employee-owned airline, but GERALD GREENWALD, chairman of UAL, managed to make lots of people happy in 1995. By more than doubling the stock price, to $211, Greenwald, 60, put big smiles on all investors: Wall Street, pilots, and machinists, although fourth-quarter earnings estimates didn't meet analysts' expectations. Earnings are still expected to hit about $900 million, triple 1994's figure.

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