Steven Nielsen - Finning International Chief Financial Officer, Executive Vice President

FTT Stock  CAD 42.39  0.27  0.64%   

President

Mr. Steven Mathew Nielsen is Chief Financial Officer, Executive Vice President of Finning International Inc., with effect from 10 March 2015. He brings to Finning extensive executive leadership experience in finance and operation roles across diverse industries. As CFO for Univar, a global distributor of chemicals, Mr. Nielsen was instrumental in leading the organization to higher growth and profitability as well as spearheading that companys efforts to improve working capital performance. Prior to Univar, Mr. Nielsen gained significant executive experience in various senior positions at Sprint Nextel Corporationrationration, a U.S. telecommunications company. During his career at Sprint, Mr. Nielsens roles included CFO of Sprint wireless division, Chief Transition Officer responsible for the Sprint Nextel merger, Executive Vice President and Chief Service Officer, and Executive Vice President and CFO of corporate initiatives since 2015.
Age 60
Tenure 9 years
Address 19100 94 Avenue, Surrey, BC, Canada, V4N 5C3
Phone604 691 6444
Webhttps://www.finning.com
Nielsen is a Chartered Global Management Accountant and member of the American Institute of Certified Public Accountants and holds a Bachelor of Arts degree.

Finning International Management Efficiency

The company has return on total asset (ROA) of 0.0788 % which means that it generated a profit of $0.0788 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2088 %, meaning that it generated $0.2088 on every $100 dollars invested by stockholders. Finning International's management efficiency ratios could be used to measure how well Finning International manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Finning International's Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0.07, while Return On Capital Employed is likely to drop 0.15. At this time, Finning International's Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Debt To Assets is likely to grow to 0.39, while Total Assets are likely to drop about 4.5 B.
The company has accumulated 1.44 B in total debt with debt to equity ratio (D/E) of 0.85, which is about average as compared to similar companies. Finning International has a current ratio of 1.86, which is within standard range for the sector. Debt can assist Finning International until it has trouble settling it off, either with new capital or with free cash flow. So, Finning International'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 Finning International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Finning to invest in growth at high rates of return. When we think about Finning International's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Darren WattRitchie Bros Auctioneers
52
Jeroen RijkRitchie Bros Auctioneers
44
Paul AlpernStantec
N/A
Randall WallRitchie Bros Auctioneers
57
Jennifer CochraneToromont Industries
N/A
Daniel LefaivreStantec
N/A
Valentino DimannoStantec
N/A
Colin GoheenToromont Industries
N/A
Kieran HolmRitchie Bros Auctioneers
50
Steve FleckStantec
N/A
Michael CuddyToromont Industries
N/A
James BarrRitchie Bros Auctioneers
53
Terry DolanRitchie Bros Auctioneers
50
Tino DiMannoStantec
N/A
Alan KrauseStantec
N/A
Randall CassonToromont Industries
N/A
Scott MurrayStantec
N/A
Doug OliveRitchie Bros Auctioneers
53
Theresa JangStantec
59
Jeff JeterRitchie Bros Auctioneers
60
Ben RubinoCCL Industries
61
Finning International Inc. engages in selling, servicing, and renting heavy equipment, and power and energy systems in Canada, the United States, South America, the United Kingdom, and Ireland. Finning International Inc. was founded in 1933 and is headquartered in Vancouver, Canada. FINNING INTL operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. It employs 13188 people. Finning International (FTT) is traded on Toronto Exchange in Canada and employs 43 people. Finning International is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Finning International Leadership Team

Elected by the shareholders, the Finning International's board of directors comprises two types of representatives: Finning International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Finning. The board's role is to monitor Finning International's management team and ensure that shareholders' interests are well served. Finning International'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, Finning International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Fraser, Executive VP of Customer and External Relations
Juan Amar, President Finning South America
Gail Sexsmith, Corporate Secretary
Dori Assaly, Senior Secretary
H Murdoch, General Counsel, Corporate Secretary
CPA CMA, VP Canada
L Thomson, President, Chief Executive Officer, Director
Jacynthe Cote, Independent Director
Vicki AvrilGroves, Independent Director
Russell Day, Senior Development
Michael Wilson, Director
Gillian Platt, Chief Human Resource Officer
Nicholas Hartery, Independent Director
John Reid, Lead Director, Chairman of HR Committee, Member of Corporate Governance Committee and President of Finning - Canada and COO of Finning - Canada
Stuart Levenick, Independent Director
Vicki Avril, Independent Director
Kevin Neveu, Director
Marcelo Awad, Independent Director
Alexandre Zanelatto, Executive Chain
Anna Marks, Senior Vice President, Corporate Controller, Treasurer
Mauk Breukels, Vice President - Investor Relations and Corporate Affairs
David Cummings, Executive Vice President, Chief Digital Officer
Jane Murdoch, General Counsel, Secretary
Marcello Marchese, President of Finning South America
Amanda Hobson, Senior Vice President - Investor Relations and Treasury
Kevin Parkes, Managing Director, Director
Harold Kvisle, Non-Executive Chairman of the Board
Tim Ferwerda, Managing Business
David Primrose, Managing Director - Finning U.K. and Ireland
Scott Thomson, CEO and President Director and Member of Safety, Environment and Social Responsibility Committee
Elisha McCallum, Director Communications
Chad Hiley, Chief Human Resource Officer
Christopher Patterson, Independent Director
Kathleen ONeill, Independent Director
Douglas Whitehead, Non-Independent Chairman of the Board
Steven Nielsen, Chief Financial Officer, Executive Vice President
Greg Palaschuk, Vice President Treasurer
Andres Kuhlmann, Independent Director
Mary Kelley, Independent Director
Juan Villegas, COO and President of Finning Canada
Hal Kvisle, Director
Edward Seraphim, Independent Director
James Carter, Independent Director

Finning 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 Finning International 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.

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 Architect
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Finning Stock analysis

When running Finning International's price analysis, check to measure Finning International'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 Finning International is operating at the current time. Most of Finning International's value examination focuses on studying past and present price action to predict the probability of Finning International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finning International's price. Additionally, you may evaluate how the addition of Finning International to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Please note, there is a significant difference between Finning International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finning International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finning International'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.