Gary Crosby - First Niagara CEO
CEO
Gary M. Crosby is President and Chief Executive Officer of Company. He was appointed to the Board of Directors on the same date and serves on the Executive Committee. Mr. Crosby had served as our interim President and CEO since March 2013. From February 2010 to March 2013 he served as our Executive Vice President and Chief Operating Officer. Mr. Crosby joined us as Executive Vice President and Chief Administrative Officer in July 2009. In these roles he championed our focus on operational excellence was the architect of our risk management capabilities buildout and led the successful system conversions associated with our recent acquisitions. Prior to joining First Niagara Mr. Crosby entered public service in 2004 serving as Chief Financial Officer and Chief Operating Officer of the Buffalo City School District the second largest school district in New York State until 2009. In 2008 the district was named one of the top three bigcity school districts in the country for financial management after being classified in 2003 as one of the worst since 2013.
| Age | 61 |
| Tenure | 11 years |
| Phone | 716 819-5500 |
| Web | www.firstniagara.com |
First Niagara Management Efficiency
First Niagara's management efficiency ratios could be used to measure how well First Niagara manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 6.66 B in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. Debt can assist First Niagara until it has trouble settling it off, either with new capital or with free cash flow. So, First Niagara'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 First Niagara Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Niagara's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 9 records | CEO Age | ||
| Donald Thoma | Iridium Communications | 62 | |
| Scott Shaw | Lincoln Educational Services | 61 | |
| Gerald Salzman | Daily Journal Corp | 78 | |
| Jeffrey Maggioncalda | Coursera | 55 | |
| Matthew Kissner | John Wiley Sons | 70 | |
| Matthew Desch | Iridium Communications | 66 | |
| David Ripstein | Radcom | 47 | |
| Kimberly McWaters | Universal Technical Institute | 56 | |
| Yaron Ravkaie | Radcom | 48 | |
Management Performance
| Return On Equity | 6.76 | |||
| Return On Asset | 1.0E-4 |
First Niagara Financial Leadership Team
Elected by the shareholders, the First Niagara's board of directors comprises two types of representatives: First Niagara inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Niagara's management team and ensure that shareholders' interests are well served. First Niagara'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, First Niagara's outside directors are responsible for providing unbiased perspectives on the board's policies.
| LIAM BRICKLEY, Senior Vice President Chief Credit Officer | ||
| George Philip, Independent Director | ||
| Nathaniel Woodson, Independent Director | ||
| Susan Harnett, Director | ||
| Brandon Kraatz, IR Contact Officer | ||
| Julie Signorille, Executive VP and Managing Director of Operations | ||
| Carlton Highsmith, Independent Director | ||
| Roxanne Coady, Independent Director | ||
| Brian Dempsey, Chief Accounting Officer, Interim Corporate Controller, Director - Finance Accounting | ||
| Carl Florio, Independent Director | ||
| Thomas Bowers, Independent Director | ||
| Gregory Norwood, CFO and Sr. Executive VP | ||
| Kate White, Executive Vice President Managing Director - Human Resources and Corporate Communications | ||
| Gary Crosby, CEO and President Director, Director of First Niagara Bank and Member of Executive Committee | ||
| Austin Adams, Independent Director | ||
| Peter Robinson, Independent Director | ||
| Richard Barry, Chief Risk Officer and Executive VP | ||
| Inder Koul, Executive Vice President CIO | ||
| Joseph Saffire, Executive VP of Commercial Financial Services | ||
| Mark Rendulic, Executive VP of Consumer Financial Services |
First 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 First Niagara 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 | 6.76 | |||
| Return On Asset | 1.0E-4 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 9.3 B | |||
| Shares Outstanding | 351 M | |||
| Shares Owned By Insiders | 0.76 % | |||
| Shares Owned By Institutions | 80.30 % | |||
| Number Of Shares Shorted | 4.82 M | |||
| Price To Earning | 19.28 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities 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 census. Note that the First Niagara Financial information on this page should be used as a complementary analysis to other First Niagara'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in First Stock
If you are still planning to invest in First Niagara Financial 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 First Niagara's history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities |