Ulrich Schmidt - Arconic Independent Director

ARNCDelisted Stock  USD 29.99  0.00  0.00%   

Director

Mr. Ulrich R. Schmidt is Independent Director of the Company. Mr. Schmidt is the former Executive Vice President and Chief Financial Officer of Spirit Aerosystems Holdings, Inc. Prior to Spirit Aerosystems, he served as Executive Vice President and Chief Financial Officer of Goodrich Corporation from 2000 to 2005, and as Vice President, Finance and Business Development, Goodrich Aerospace, from 1994 to 2000. Prior to joining Goodrich, he held senior level roles at a variety of companies, including Invensys Limited, Everest Jennings International Limited and ArgoTech Corporationrationration. Mr. Schmidt served on the board of directors of Precision Castparts Corporation from 2007 until January 2016, when Precision Castparts was acquired by Berkshire Hathaway Inc. He was chairman of its Audit Committee since 2008. since 2016.
Age 68
Tenure 8 years
Phone412 992 2500
Webhttps://www.arconic.com
Schmidt is the former Executive Vice President and Chief Financial Officer of Spirit Aerosystems Holdings, Inc. He served on the Board of Directors of Precision Castparts Corporationration from 2007 until January 2016. Schmidt joined Spirit Aerosystems from Goodrich Corporationration in 2005, where he served as Executive Vice President and Chief Financial Officer from 2000 to 2005 and as Vice President, Finance and Business Development, Goodrich Aerospace from 1994 to 2000. Prior to joining Goodrich, he held senior level roles at a variety of companies, including Invensys Limited, Everest & Jennings International Limited and ArgoTech Corporationrationrationration. Schmidt received his undergraduate degree and a Masters of Business Administration from Michigan State University.

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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Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Arconic Corp operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 13900 people. Arconic (ARNC) is traded on New York Stock Exchange in USA and employs 11,550 people.

Management Performance

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.

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 against Arconic Stock

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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.
Pair CorrelationCorrelation Matching
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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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