Michael Gross - Global Ship Chairman of the Board

GSL Stock  USD 22.47  0.08  0.36%   

Chairman

Mr. Michael S. Gross is the Chairman of the Board of Global Ship Lease, Inc. Mr. Gross was chairman of the board of directors of Solar Capital Ltd since December 2007, and chief executive officer and president since November 2007. From July 2006 through approximately the first quarter 2009, Mr. Gross was a partner in Magnetar Capital Partners LP, the holding company for Magnetar Financial LLC. Between February 2004 and February 2006, Mr. Gross was the president and chief executive officer of Apollo Investment Corporationrationration, a publicly traded business development company that he founded and on whose board of directors and investment committee he served as chairman from February 2004 to July 2006, and was the managing partner of Apollo Investment Management, L.P., the investment adviser to Apollo Investment Corporationrationration. From 1990 to February 2006, Mr. Gross was a senior partner at Apollo Management, L.P., a private equity firm which he founded in 1990 with five other persons. In addition, from 2003 to February 2006, Mr. Gross was the managing partner of Apollo Distressed Investment Fund, an investment fund he founded to invest principally in noncontrol oriented distressed debt and other investment securities of leveraged companies. Mr. Gross currently also serves on the boards of directors of Saks, Inc. and Jarden Corporationrationration. since 2018.
Age 59
Tenure 6 years
Address 9 Irodou Attikou Street, Athens, Greece, 14561
Phone30 210 62 33 670
Webhttps://www.globalshiplease.com

Michael Gross Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Gross against Global Ship stock is an integral part of due diligence when investing in Global Ship. Michael Gross insider activity provides valuable insight into whether Global Ship is net buyers or sellers over its current business cycle. Note, Global Ship insiders must abide by specific rules, including filing SEC forms every time they buy or sell Global Ship'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Global Ship Management Efficiency

The company has Return on Asset of 0.1058 % which means that on every $100 spent on assets, it made $0.1058 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2831 %, implying that it generated $0.2831 on every 100 dollars invested. Global Ship's management efficiency ratios could be used to measure how well Global Ship manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.15 this year. Return On Capital Employed is expected to rise to 0.20 this year. At this time, Global Ship's Net Tangible Assets are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.15 this year, although the value of Non Current Assets Total will most likely fall to about 1.1 B.
The company has 812.43 M in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. Global Ship Lease has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Global Ship until it has trouble settling it off, either with new capital or with free cash flow. So, Global Ship'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 Global Ship Lease sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Ship's use of debt, we should always consider it together with cash and equity.

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Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. The company was founded in 2007 and is based in London, the United Kingdom. Global Ship is traded on New York Stock Exchange in the United States. Global Ship Lease (GSL) is traded on New York Stock Exchange in USA. It is located in 9 Irodou Attikou Street, Athens, Greece, 14561 and employs 7 people. Global Ship is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Global Ship Lease Leadership Team

Elected by the shareholders, the Global Ship's board of directors comprises two types of representatives: Global Ship inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Ship's management team and ensure that shareholders' interests are well served. Global Ship'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, Global Ship's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Gross, Chairman of the Board
Guy Morel, Independent Director
Alain Pitner, Independent Director
George Giannopoulos, Head Audit
Maria Danezi, Company Secretary
John Merwe, Independent Director
Thomas Lister, Chief Financial Officer, Chief Commercial Officer
Georgios Youroukos, Executive Chairman
Angus Frew, Independent Director
Anastasios Psaropoulos, Chief Financial Officer
Menno Lacum, Independent Director
Michael Chalkias, Independent Director
Howard Boyd, Independent Director
Vivek Puri, Chief Technical Officer
Philippe Lemonnier, Director
Henry Mannix, Independent Director
Alain Wils, Independent Director
Susan Cook, CFO, Principal Accounting Officer and Secretary
George Giouroukos, Executive Chairman of the board and Independent Director
Ian Webber, Chief Executive Officer

Global 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 Global Ship 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.

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When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Ship's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Ship Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Global Ship'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 Global Ship. If investors know Global 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 Global Ship 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
(0.09)
Dividend Share
1.5
Earnings Share
8.21
Revenue Per Share
18.831
Quarterly Revenue Growth
0.133
The market value of Global Ship Lease is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship'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 Global Ship's market value can be influenced by many factors that don't directly affect Global Ship'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 Global Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship'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.