Mr. Franco Debenedetti serves as NonExecutive Director at CIR SpA Compagnie Industriali Riunite . In 1959 he joined Compagnia Italiana Tubi Metallici Flessibili, where he became Head of Production and Development. From 1976 to 1978, he was Manager of the Components Sector of Fiat and in 1978 he became Chief Executive Officer of Olivetti
Franco Debenedetti founded Tecnost and Teknecomp and in 1989 he created OiS ? the information services group. In 1986 he was appointed Chairman and Chief Executive Officer of Sasib, positions which he left when he became a candidate for the Senate of the Republic. From 2000 to 2004, he chaired the Interaction Design Institute Association of Ivrea, where he was Founding Member. In 1994 he was elected Senator of the Republic for the constituency of Turin. He has contributed numerous articles to the main Italian newspapers and magazines . In June 1996 he received Ezio Tarantelli award from the Economics Club for the idea of the year 1995 in Economics and Finance for his draft bill on privatization of Bank Foundations. He is Director Cofide and of the Rodolfo Debenedetti Foundation. He graduated in 1956 in Electrical Engineering from Politecnico di Torino. In 1957 he specialized in Nuclear Engineering.
Management Efficency
The company has return on total asset (ROA) of 0.56 % which means that it generated profit of $0.56 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 2.15 % meaning that it generated $2.15 on every $100 dollars invested by stockholders.
The company has accumulated 4.64 B in total debt with debt to equity ratio (D/E) of 1.49 which is about average as compared to similar companies. CIR SpA has Current Ratio of 1.27 suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due.
CIR S.p.A., through its subsidiaries, engages in the utilities, media, automotive components, healthcare, and financial services businesses. CIR SpA [CIRPF] is a Pink Sheet which is traded between brokers over the counter. Filter other
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