Jessie Knight - Alaska Air Independent Director

ALK Stock  USD 43.99  1.09  2.42%   

Director

Mr. Jessie J. Knight, Jr., is an Independent Director of Alaska Air Group Inc. Until, September 2015, Mr. Knight was executive vice president of external affairs for Sempra Energy, and chairman of San Diego Gas and Electric Company and Southern California Gas Company, both subsidiaries of Sempra Energy. From 2010 to 2014, he was chairman and CEO of San Diego Gas Electric. Prior to that, he was executive vice president of external affairs at Sempra Energy, president and CEO of the San Diego Regional Chamber of Commerce, was a commissioner of the California Public Utilities Commission, and vice president of marketing and strategic planning for the San Francisco Chronicle and San Francisco Examiner newspapers. Prior to his media career, he held finance and marketing positions with the Dole Foods Company. He is a life member of the Council on Foreign Relations. He previously served for 10 years on the board of the San Diego Padres Baseball Club and seven years on the board of Avista Corporationration, where he served on the governance and audit committees and as lead director. Alaska Airlines and Horizon Air . Timken Museum of Art in San Diego Board. U.S. Chamber of Commerce Board of Directors. University of California San Diego Foundation Board of Trustees. J. Craig Venter Institute Board of Trustees.BA, St. Louis University. MBA, University of Wisconsin. since 2020.
Age 70
Tenure 4 years
Professional MarksMBA
Address 19300 International Boulevard, Seattle, WA, United States, 98188
Phone206 392 5040
Webhttps://www.alaskaair.com
Knight serves on the boards of Alaska Airlines and Horizon Air, the Timken Museum of Art in San Diego, the Southern California Leadership Council, and the University of California San Diego Foundation. He is a life member of the Council on Foreign Relations and is a corporate member of the Hoover Institution at Stanford University. He is a board member of the U.S. Chamber of Commerce, The Energy Institute and The InterAmerican Dialogue. He previously served ten years on the board of the San Diego Padres Baseball Club. He served seven years on the board of Avista Corporationrationration, a utility in Spokane, Washington, where he served on the audit and governance committees, and as lead director.

Alaska Air Management Efficiency

The company has Return on Asset of 0.0333 % which means that on every $100 spent on assets, it made $0.0333 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0639 %, implying that it generated $0.0639 on every 100 dollars invested. Alaska Air's management efficiency ratios could be used to measure how well Alaska Air manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Alaska Air's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.02 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, Alaska Air's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 16.6 B this year, although the value of Non Current Liabilities Other will most likely fall to about 333.2 M.
The company has 3.82 B in debt with debt to equity (D/E) ratio of 1.03, which is OK given its current industry classification. Alaska Air Group has a current ratio of 0.79, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Alaska Air until it has trouble settling it off, either with new capital or with free cash flow. So, Alaska Air's 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 Alaska Air Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alaska to invest in growth at high rates of return. When we think about Alaska Air's use of debt, we should always consider it together with cash and equity.

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Alaska Air Group, Inc., through its subsidiaries, provides passenger and cargo air transportation services. Alaska Air Group, Inc. was founded in 1932 and is based in Seattle, Washington. Alaska Air operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 22354 people. Alaska Air Group (ALK) is traded on New York Stock Exchange in USA. It is located in 19300 International Boulevard, Seattle, WA, United States, 98188 and employs 23,013 people. Alaska Air is listed under Passenger Airlines category by Fama And French industry classification.

Management Performance

Alaska Air Group Leadership Team

Elected by the shareholders, the Alaska Air's board of directors comprises two types of representatives: Alaska Air inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alaska. The board's role is to monitor Alaska Air's management team and ensure that shareholders' interests are well served. Alaska Air's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alaska Air's outside directors are responsible for providing unbiased perspectives on the board's policies.
Geni Venable, Manager Communication
Lavanya Sareen, Managing Director of Investor Relations
Dennis Madsen, Independent Director
Herman Wacker, Chief Ethics and Compliance Officer, General Counsel and VP of Legal
Kevin Thiel, Managing Operations
Diana Rakow, Vice President External Relations of Alaska Airlines, Inc.
Matt Grady, Investor Relations Officer
Mark Bocchi, Managing Marketing
Shane Tackett, Executive Vice President, Planning and Strategy of Alaska Airlines, Inc.
Emily Halverson, Controller Finance
Jessie Knight, Independent Director
Christopher Berry, Vice President Finance, Controller and Principal Accounting Officer
Adrienne Lofton, Independent Director
Helvi Sandvik, Independent Director
Kyle Levine, Senior Vice President, Chief Compliance Officer, General Counsel, Secretary, Chief Ethics Officer
Joseph Sprague, President of Horizon Air Industries, Inc.
Patricia Bedient, Lead Independent Director
Susan Li, Independent Director
Andrew Harrison, Chief Commercial Officer of Alaska Airlines Inc and Executive VP of Alaska Airlines Inc
Raymond Conner, Independent Director
Katherine Savitt, Independent Director
James Thompson, Independent Director
Bradley Tilden, Chairman, CEO and President Chairman of Alaska Airlines Inc, CEO of Alaska Airlines Inc and President of Alaska Airlines Inc, CEO of Horizon Air Industries Inc and President of Horizon Air Industries Inc
Diana BirkettRakow, Vice President External Relations of Alaska Airlines, Inc.
Dhiren Fonseca, Independent Director
Katherine SavittLennon, Independent Director
David Campbell, President and COO of Horizon Air Industries, Inc,
James Beer, Independent Director
Brandon Pedersen, Executive Vice President - Finance, Chief Financial Officer
Andrea Schneider, Vice President People of Alaska Airlines, Inc.
Kathleen Hogan, Independent Director
Benito Minicucci, President and Chief Executive Officer of Alaska Air Group, Inc. & Alaska Airlines, Inc., Director
Constance Muehlen, Executive Vice President, Chief Operating Officer - Alaska Airlines, Inc.
Daniel Elwell, Independent Director
Gary Beck, President, Chief Executive Officer - Horizon Air Industries Inc
Phyllis Campbell, Lead Independent Director
Eric Yeaman, Independent Director
Marion Blakey, Independent Director
Kenneth Thompson, Independent Director

Alaska 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 Alaska Air 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.

Pair Trading with Alaska Air

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 Alaska Air 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 Alaska Air will appreciate offsetting losses from the drop in the long position's value.

Moving against Alaska Stock

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The ability to find closely correlated positions to Alaska Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alaska Air 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 Alaska Air - 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 Alaska Air Group to buy it.
The correlation of Alaska Air 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 Alaska Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alaska Air Group 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 Alaska Air 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 Alaska Air Group 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 Alaska 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 Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Alaska Air's price analysis, check to measure Alaska Air's 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 Alaska Air is operating at the current time. Most of Alaska Air's value examination focuses on studying past and present price action to predict the probability of Alaska Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alaska Air's price. Additionally, you may evaluate how the addition of Alaska Air to your portfolios can decrease your overall portfolio volatility.
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Is Alaska Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alaska Air. If investors know Alaska will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alaska Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.484
Earnings Share
1.89
Revenue Per Share
82.383
Quarterly Revenue Growth
0.016
Return On Assets
0.0333
The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air's 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.