James Farrell - Abbott Laboratories Independent Director

ABT Stock  MXN 1,845  45.01  2.50%   

Director

Mr. W. James Farrell is Independent Director of the Company. Mr. Farrell served as the Chairman of Illinois Tool Works Inc. from 1996 to 2006 and as its Chief Executive Officer from 1995 to 2005. Mr. Farrell also served on the Board of Directors of 3M Company from 2006 to 2014, Allstate Insurance Company from 1999 to 2013, and UAL Corporation from 2001 to 2012. As a result of his tenure as Chairman and Chief Executive Officer of Illinois Tool Works, Mr. Farrell brings valuable business, leadership and management experience to the Board and provides guidance on key matters relevant to a major international company. since 2006.
Age 72
Tenure 18 years
Phone224 667 6100
Webhttps://www.abbott.com

Abbott Laboratories Management Efficiency

The company has return on total asset (ROA) of 0.0882 % which means that it generated a profit of $0.0882 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1928 %, meaning that it generated $0.1928 on every $100 dollars invested by stockholders. Abbott Laboratories' management efficiency ratios could be used to measure how well Abbott Laboratories manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 17.3 B in total debt with debt to equity ratio (D/E) of 64.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Abbott Laboratories has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Abbott Laboratories until it has trouble settling it off, either with new capital or with free cash flow. So, Abbott Laboratories' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Abbott Laboratories sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abbott to invest in growth at high rates of return. When we think about Abbott Laboratories' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Antonio LorenzoLloyds Banking Group
N/A
Thomas BarrackFirst Republic Bank
69
Alfredo PerezSouthern Copper
65
Pamela JoynerFirst Republic Bank
58
George CulmerLloyds Banking Group
51
Paul SobeyThe Bank of
58
Luis MoralesSouthern Copper
59
Matthew YoungLloyds Banking Group
N/A
Susan SegalThe Bank of
65
Simon HenryLloyds Banking Group
56
Johnsee LeeTaiwan Semiconductor Manufactur
N/A
Mark BertoliniVerizon Communications
61
Shellye ArchambeauVerizon Communications
55
Stuart SinclairLloyds Banking Group
63
Juan ColombasLloyds Banking Group
N/A
Guoci ChenTaiwan Semiconductor Manufactur
N/A
Janet PopeLloyds Banking Group
55
Scott ThomsonThe Bank of
53
Peter BonfieldTaiwan Semiconductor Manufactur
74
Tiff CThe Bank of
53
Thomas ONeillThe Bank of
72
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. The company was founded in 1888 and is headquartered in Abbott Park, Illinois. ABBOTT LABORATORIES operates under Medical Devices classification in Mexico and is traded on Mexico Stock Exchange. It employs 103000 people. Abbott Laboratories (ABT) is traded on Mexican Exchange in Mexico and employs 115,000 people.

Management Performance

Abbott Laboratories Leadership Team

Elected by the shareholders, the Abbott Laboratories' board of directors comprises two types of representatives: Abbott Laboratories inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Abbott. The board's role is to monitor Abbott Laboratories' management team and ensure that shareholders' interests are well served. Abbott Laboratories' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Abbott Laboratories' outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott White, Senior Vice President - International Nutrition
Samuel Scott, Independent Director
Deepak Nath, Senior Vice President - Abbott Vascular
Jaime Contreras, Senior Vice President - Core Laboratory Diagnostics, Commercial Operations
Mary Moreland, Ex HR
Roger Bird, Senior Vice President - U.S. Nutrition
Nancy McKinstry, Independent Director
Heather Mason, Senior Vice President - Abbott Diabetes Care
James Farrell, Independent Director
Phebe Novakovic, Independent Director
JeanYves Pavee, Senior Vice President - Established Pharmaceuticals, Developed Markets
Andrew Lane, Senior Vice President - Established Pharmaceuticals, Emerging Markets
Roxanne Austin, Independent Director
Georges Vos, Senior Vice President - Established Pharmaceuticals, Emerging Markets
Stephen Fussell, Executive Vice President - Human Resources
Thomas Freyman, Executive VP of Fin. and Admin.
Sally Blount, Independent Director
Daniel Starks, Independent Director
Michelle Kumbier, Director
Thomas Frinzi, Senior Vice President - Abbott Medical Optics
Eric Fain, Senior Vice President Group President - Cardiovascular and Neuromodulation
John Capek, Executive VP of Ventures
Robert Alpern, Independent Director
Murthy Simhambhatla, Senior Vice President - Abbott Medical Optics
Miles White, Chairman, CEO and Chairman of Executive Committee
Robert Ford, Senior Vice President Diabetes Care.
Glenn Tilton, Independent Director
Elaine Leavenworth, VP Officer
Richard Ashley, Executive VP of Corporate Devel.
Michael Rousseau, President - Cardiovascular and Neuromodulation
Edward Liddy, Independent Director
Hubert Allen, Executive VP, General Counsel and Secretary
Charles Foltz, Senior Vice President - Abbott Vascular
Brian Yoor, CFO and Sr. VP of Fin.
John Stratton, Director
Joseph Manning, Senior Vice President - Abbott Nutrition International
Scott Leinenweber, Licensing Relations
James Young, VP Officer
Jared Watkin, Senior Vice President - Diabetes Care
William Osborn, Independent Director
Brian Blaser, Executive VP of Diagnostic Products
Michael Warmuth, Executive Vice President - Established Pharmaceuticals
Robert Funck, Vice President Controller
Daniel Salvadori, Senior Vice President Established Pharmaceuticals, Latin America.
Andrea Wainer, Ex Diagnostics
Melissa Brotz, VP Marketing

Abbott Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Abbott Laboratories a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Abbott Laboratories in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Abbott Laboratories' short interest history, or implied volatility extrapolated from Abbott Laboratories options trading.

Pair Trading with Abbott Laboratories

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abbott Laboratories position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abbott Laboratories will appreciate offsetting losses from the drop in the long position's value.

Moving against Abbott Stock

  0.85TMN Toyota MotorPairCorr
  0.68SMSNN Samsung ElectronicsPairCorr
The ability to find closely correlated positions to Abbott Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abbott Laboratories when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abbott Laboratories - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abbott Laboratories to buy it.
The correlation of Abbott Laboratories is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abbott Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abbott Laboratories moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abbott Laboratories can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Abbott Laboratories is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Abbott Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Abbott Laboratories Stock. Highlighted below are key reports to facilitate an investment decision about Abbott Laboratories Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Abbott Stock analysis

When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Please note, there is a significant difference between Abbott Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abbott Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abbott Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.