Arthur Collins - Arconic Independent Director
| ARNCDelisted Stock | USD 29.99 0.00 0.00% |
Director
Mr. Arthur D. Collins Jr. is no longer Interim Lead Independent Director of the Company, effective May 2019. His career Highlights and Qualifications Mr. Collins was Chairman of Medtronic, Inc., a leading medical device and technology company, from April 2002 until his retirement in August 2008, and Chief Executive Officer from May 2002 to August 2007. He held a succession of other executive leadership positions with Medtronic from 1992 until his retirement, including as President and Chief Executive Officer, President and Chief Operating Officer, and Chief Operating Officer. He was Executive Vice President of Medtronic and President of Medtronic International from June 1992 to January 1994. Prior to joining Medtronic, he was Corporationrationrate Vice President of Abbott Laboratories from October 1989 to May 1992 and Divisional Vice President of that company from May 1984 to October 1989. He joined Abbott in 1978 after spending four years with Booz, Allen Hamilton, a major management consulting firm. Other Current Affiliations In addition to his public company board memberships, Mr. Collins currently serves on the board of privately held Cargill, Incorporated. He also serves as a senior advisor to Oak Hill Capital Partners, L.P., a private equity firm. Previous Directorships Mr. Collins was Chairman of Medtronic, Inc. from 2002 to 2008. Attributes and Skills Mr. Collins extensive executive and business experience, including his years of executive leadership at Medtronic, provide the Board with unique insight into managing the operations of a large, global company. He also brings the perspective of a member of several corporate boards, having served on the audit, finance, compensation, governance and executive committees of various boards. since 2019.
| Age | 70 |
| Tenure | 5 years |
| Phone | 412 992 2500 |
| Web | https://www.arconic.com |
Arconic Management Efficiency
The company has return on total asset (ROA) of 0.0267 % which means that it generated a profit of $0.0267 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1543) %, meaning that it created substantial loss on money invested by shareholders. Arconic's management efficiency ratios could be used to measure how well Arconic manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 1.71 B in liabilities with Debt to Equity (D/E) ratio of 1.14, which is about average as compared to similar companies. Arconic has a current ratio of 1.62, which is within standard range for the sector. Debt can assist Arconic until it has trouble settling it off, either with new capital or with free cash flow. So, Arconic'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 Arconic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Arconic to invest in growth at high rates of return. When we think about Arconic's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -0.15 | |||
| Return On Asset | 0.0267 |
Arconic Leadership Team
Elected by the shareholders, the Arconic's board of directors comprises two types of representatives: Arconic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Arconic. The board's role is to monitor Arconic's management team and ensure that shareholders' interests are well served. Arconic'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, Arconic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Margaret Billson, Independent Director | ||
| Julie Richardson, Director | ||
| Carol Eicher, Independent Director | ||
| Melissa Miller, Chief Human Resource Officer, Executive Vice President | ||
| Shane Rourke, Director Relations | ||
| Vasantha Nair, Executive Vice President - Human Resources and Environment, Health, Safety and Sustainability | ||
| Daniel Fayock, Chief VP | ||
| Erick Asmussen, Chief Financial Officer, Executive Vice President, Treasurer | ||
| Eric Rasmussen, VP Devel | ||
| John Plant, Independent Director | ||
| Charles Blankenship, CEO, Director | ||
| Ken Giacobbe, CFO, Executive Vice President | ||
| Leo Reif, Independent Director | ||
| E Neal, Independent Director | ||
| Christopher Ayers, Independent Director | ||
| Diana Perreiah, Ex America | ||
| Patricia Russo, Lead Independent Director | ||
| Martin Sorrell, Independent Director | ||
| Paul Myron, Vice President Controller | ||
| Kate Ramundo, Executive Vice President Chief Legal Officer and Corporate Secretary | ||
| Stanley ONeal, Independent Director | ||
| W Myron, Vice President Controller | ||
| Arthur Collins, Independent Director | ||
| Kay Meggers, Executive Vice President Group President - Global Rolled Products | ||
| Diana Toman, Executive Vice President Secretary, Chief Legal Officer | ||
| Ulrich Schmidt, Independent Director | ||
| Jeffrey Stafeil, Independent Director | ||
| David Hess, Interim CEO, Director | ||
| Patrice Merrin, Director | ||
| Frederick Henderson, Independent Chairman of the Board | ||
| Mark Vrablec, Executive Vice President Chief Commercial Officer | ||
| Kenneth Giacobbe, CFO, Executive Vice President | ||
| Austin Camporin, Independent Director | ||
| James Albaugh, Director | ||
| Christoph Kollatz, Executive Vice President - Corporate Development, Strategy and New Ventures | ||
| Robert Woodall, Ex Extrusions | ||
| Amy Alving, Director | ||
| Timothy Myers, President - Alcoa Building & Construction Systems | ||
| Eric Roegner, President - Arconic Global Rolled Products | ||
| Laurent Salah, Pres Systems | ||
| Sean Mahoney, Independent Director | ||
| Dave Miller, Director | ||
| Jacques Croisetiere, Independent Director | ||
| David Miller, Independent Director | ||
| William Austen, Independent Director | ||
| Mary Zik, Vice President Controller | ||
| Ratan Tata, Independent Director | ||
| Karl Tragl, Group President - Engineered Products and Solutions | ||
| Katherine Ramundo, Executive Vice President Chief Legal Officer and Secretary | ||
| Elmer Doty, Director | ||
| Rajiv Gupta, Director | ||
| Klaus Kleinfeld, Chairman of the Board and CEO |
Arconic 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 Arconic 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.
| Return On Equity | -0.15 | |||
| Return On Asset | 0.0267 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 4.46 B | |||
| Shares Outstanding | 100.35 M | |||
| Shares Owned By Insiders | 1.22 % | |||
| Shares Owned By Institutions | 95.24 % | |||
| Number Of Shares Shorted | 5.98 M | |||
| Price To Earning | 42.81 X |
Pair Trading with Arconic
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 Arconic 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 Arconic will appreciate offsetting losses from the drop in the long position's value.Moving together with Arconic Stock
| 0.85 | NDEKY | Nitto Denko Corp | PairCorr |
Moving against Arconic Stock
| 0.86 | BA | Boeing Report 24th of April 2024 | PairCorr |
| 0.69 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.5 | JNJ | Johnson Johnson Earnings Call Today | PairCorr |
| 0.47 | YAMHF | Yamaha Motor | PairCorr |
The ability to find closely correlated positions to Arconic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arconic 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 Arconic - 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 Arconic to buy it.
The correlation of Arconic 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 Arconic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arconic 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 Arconic 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.Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in Arconic Stock
If you are still planning to invest in Arconic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arconic's history and understand the potential risks before investing.
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