Michael Piraino - Cray VP

VP

Mr. Michael C. Piraino is Senior Vice President Administration, General Counsel, Corporationrationrate Secretary of Cray Inc. since September 2011. Mr. Piraino has served as our Senior Vice President Administration, General Counsel and Corporationrationrate Secretary since August 2015. Mr. Piraino is responsible for the legal, human resources, information technology, and facilities teams. From September 2011 to August 2015, Mr. Piraino was our Vice President Administration, General Counsel and Corporationrationrate Secretary responsible for the legal, human resources, information technology, facilities, and government programs teams. From October 2009 to September 2011, he served as Vice President, General Counsel and Corporationrationrate Secretary and was responsible for legal and since August 2010, he was responsible for human resources as well. From October 2007 to September 2009, he was an attorney at Fenwick West LLP, where his practice focused on corporate finance and securities. From October 2006 to June 2007, Mr. Piraino served with the Exbiblio family of technology companies in various positions, including Chief Executive Officer. From May 1999 to October 2006, he was at WatchGuard Technologies, Inc., a provider of network security solutions, in various roles, including Vice President, General Counsel and Secretary. From October 1995 to May 1999, he was an attorney at Perkins Coie LLP, a law firm since 2011.
Age 50
Tenure 13 years
Phone206 701-2000
Webwww.cray.com
Piraino began his career as a propulsion engineer at The Boeing Company. He received a B.S. in aeronautical and astronautical engineering from Purdue University and a J.D., magna cum laude, from the Seattle University School of Law.

Cray Management Efficiency

The company has return on total asset (ROA) of (14.8963) % which means that it has lost $14.8963 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (22.7525) %, meaning that it created substantial loss on money invested by shareholders. Cray's management efficiency ratios could be used to measure how well Cray manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 44.51 M in liabilities with Debt to Equity (D/E) ratio of 16.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Cray Inc has a current ratio of 2.83, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Cray until it has trouble settling it off, either with new capital or with free cash flow. So, Cray'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 Cray Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cray to invest in growth at high rates of return. When we think about Cray's use of debt, we should always consider it together with cash and equity.

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Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services computing products for high-performance computing, data analytics, and AI markets. As of September 25, 2019, Cray Inc. operates as a subsidiary of Hewlett Packard Enterprise Company. Cray operates under Computer Systems classification in USA and is traded on NASDAQ. It employs 1287 people. Cray Inc (CRAY) is traded on NASDAQ Exchange in USA and employs 1,287 people.

Management Performance

Cray Inc Leadership Team

Elected by the shareholders, the Cray's board of directors comprises two types of representatives: Cray inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cray. The board's role is to monitor Cray's management team and ensure that shareholders' interests are well served. Cray'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, Cray's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Regis, Independent Director
Brian Henry, CFO and Executive VP
Michael Piraino, VP of Admin., General Counsel and Corporate Secretary
Prithviraj Banerjee, Independent Director
Martin Homlish, Director
Charles Fairchild, Chief Accounting Officer, VP and Controller
Ryan Waite, Sr. VP of Products
John Dinning, Senior Vice President of Products
Stephen Gold, Director
Catalin Morosanu, Vice President - Sales for the Europe, Middle East and Africa (EMEA) Region
Peter Ungaro, CEO and President and Director
Efstathios Papaefstathiou, Senior Vice President - Research and Development
Sally Narodick, Independent Director
Max Schireson, Independent Director
Stathis Papaefstathiou, Senior Vice President - Research and Development
Fred Kohout, Chief Marketing Officer
Charles Morreale, Vice President - Field Operations
Margaret Williams, Sr. VP of RandD
Stephen Richards, Independent Director
Steven Scott, CTO and Sr. VP
Stephen Kiely, Non-Executive Independent Chairman of the Board
Barry Bolding, Vice President - Storage & Data Management and Corporate Marketing
Catriona Fallon, Director
Paul Hiemstra, IR Contact
Brian Turner, Director
John Josephakis, Vice President - Worldwide Sales

Cray 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 Cray 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cray in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cray's short interest history, or implied volatility extrapolated from Cray options trading.

Pair Trading with Cray

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 Cray 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 Cray will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Starbucks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Starbucks 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 Starbucks - 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 Starbucks to buy it.
The correlation of Starbucks 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 Starbucks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Starbucks 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 Starbucks 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 nation.
Note that the Cray Inc information on this page should be used as a complementary analysis to other Cray's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in Cray Stock

If you are still planning to invest in Cray Inc 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 Cray's history and understand the potential risks before investing.
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