Mike Carr - Axalta Coating Vice President and President North America

AXTA Stock  USD 31.28  0.41  1.33%   

President

Mr. Mike Carr is Vice President and President, North America of Axalta Coating Systems Ltd. Mr. Carr joins Axalta from Johnson Controls Power Solutions division where he was most recently Vice President and General Manager for the United States and Canada. During his tenure at Johnson Controls he also held numerous roles of increasing responsibility in general management and sales including roles in South America and Europe. Early in his career he worked for Exide Technologies, Armstrong World Industries and General Battery Corporation since 2015.
Tenure 9 years
Professional MarksMBA
Address 50 Applied Bank Blvd, Glen Mills, PA, United States, 19342
Phone855 547 1461
Webhttps://www.axalta.com
Carr holds a bachelor degree from St. Joseph University and a MBA in marketing from Drexel University.

Axalta Coating Management Efficiency

The company has return on total asset (ROA) of 0.0541 % which means that it generated a profit of $0.0541 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1641 %, meaning that it created $0.1641 on every $100 dollars invested by stockholders. Axalta Coating's management efficiency ratios could be used to measure how well Axalta Coating manages its routine affairs as well as how well it operates its assets and liabilities. At present, Axalta Coating's Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Capital Employed is forecasted to decline to 0.09. At present, Axalta Coating's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 333.3 M, whereas Total Assets are forecasted to decline to about 7 B.
The company currently holds 3.54 B in liabilities with Debt to Equity (D/E) ratio of 2.83, implying the company greatly relies on financing operations through barrowing. Axalta Coating Systems has a current ratio of 1.94, which is within standard range for the sector. Debt can assist Axalta Coating until it has trouble settling it off, either with new capital or with free cash flow. So, Axalta Coating'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 Axalta Coating Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Axalta to invest in growth at high rates of return. When we think about Axalta Coating's use of debt, we should always consider it together with cash and equity.

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Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania. Axalta Coating operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 12000 people. Axalta Coating Systems (AXTA) is traded on New York Stock Exchange in USA. It is located in 50 Applied Bank Blvd, Glen Mills, PA, United States, 19342 and employs 12,000 people. Axalta Coating is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Axalta Coating Systems Leadership Team

Elected by the shareholders, the Axalta Coating's board of directors comprises two types of representatives: Axalta Coating inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Axalta. The board's role is to monitor Axalta Coating's management team and ensure that shareholders' interests are well served. Axalta Coating'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, Axalta Coating's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wesley Bieligk, Director
Robert Ferris, Vice President - Corporate Affairs and Chief Communications Officer
Martin Sumner, Director
Alex TablinWolf, General VP
Sean Lannon, Chief Financial Officer, Senior Vice President
Anthony Massey, Principal Accounting Officer
Robert Mclaughlin, Independent Director
Aaron Weis, CIO, Vice President
Michael Cash, Senior Vice President and Presidentident - Industrial Coatings
Deborah Kissire, Independent Director
Terrence Hahn, President CEO, Director
Tabitha Oman, Deputy VP
Robert Bryant, President, Chief Executive Officer, Director
Matthew Winokur, Vice President - Sustainability
Joseph McDougall, Chief HR Officer and Sr. VP
Lori Ryerkerk, Director
Barry Snyder, Senior Vice President CTO
Michael Finn, Chief Compliance Officer, General Counsel, Sr. VP and Corporate Secretary
Mark Garrett, Non-Executive Independent Chairman of the Board
Elizabeth Lempres, Independent Director
Samuel Smolik, Independent Director
Hadi Awada, Senior Vice President - Global Transportation Coatings
Tyrone Jordan, Independent Director
Rakesh Sachdev, Independent Director
Shelley Bausch, Senior Vice President of Global Industrial Coatings
Charles Shaver, Chairman, CEO and Chairman of Executive Committee
Rajeev Rao, Senior Vice President and Presidentident - Industrial Coatings
Nigel Budden, President Americas
Christopher Mecray, Vice President of Investor Relations
Carl II, Senior CFO
Robert Roop, CTO, Vice President
Gregor Bohm, Director
Brian Berube, Gen VP
Christopher Evans, Vice Relations
Brain Berube, Senior Vice President General Counsel, Corporate Secretary
Jun Liao, Regional AsiaPacific
Amy Tufano, Senior Officer
William Cook, Chairman of the Board
David Heflin, Vice President Global Industrial Liquid Coatings
Andreas Kramvis, Director
Steven Markevich, Executive VP and President of Transportation Coatings
Dan Key, Senior Vice President - Operations and Supply Chain, Head - Global Operations
Chrishan Villavarayan, President CEO
Ashish Jawadiwar, Chief Information and Digital Officer
Gregory Ledford, Director
Orlando Bustos, Director
Jacqueline Scanlan, Chief Human Resource Officer, Senior Vice President
Mike Carr, Vice President and President North America
Steven Chapman, Independent Director
Tim Bowes, Senior Officer
Keith Silverman, VP Officer
Troy Weaver, Senior Vice President of Global Refinish

Axalta 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 Axalta Coating 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 Axalta Coating

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 Axalta Coating 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 Axalta Coating will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Axalta Coating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axalta Coating 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 Axalta Coating - 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 Axalta Coating Systems to buy it.
The correlation of Axalta Coating 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 Axalta Coating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axalta Coating Systems 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 Axalta Coating 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 Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Axalta Coating's price analysis, check to measure Axalta Coating'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 Axalta Coating is operating at the current time. Most of Axalta Coating's value examination focuses on studying past and present price action to predict the probability of Axalta Coating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axalta Coating's price. Additionally, you may evaluate how the addition of Axalta Coating to your portfolios can decrease your overall portfolio volatility.
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Is Axalta Coating'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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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
0.681
Earnings Share
1.21
Revenue Per Share
23.457
Quarterly Revenue Growth
0.049
Return On Assets
0.0541
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.