Vinit Asar - Hanger CEO and President and Director

CEO

Mr. Vinit K. Asar is President Chief Executive Officer Director of Hanger Inc. Mr. Asar came to Hanger from the Medical Device Diagnostic sector at Johnson Johnson having worked at the Ethicon EthiconEndoSurgery Cordis and Biosense Webster franchises. During his 18 year career at Johnson Johnson Mr. Asar held various roles of increasing responsibility in Finance Product Development Manufacturing and Marketing and Sales in the US and in Europe. Prior to joining Hanger Mr. Asar was the Worldwide VicePresident at Biosense Webster the Electrophysiology division of Johnson Johnson responsible for the Worldwide Sales Marketing and Services organizations since 2012.
Age 47
Tenure 12 years
Professional MarksMBA
Phone512 777-3800
Webwww.hanger.com
Asar has a B.S.B.A from Aquinas College and an M.B.A. from Lehigh University.

Hanger Management Efficiency

The company has Return on Asset of 0.051 % which means that on every $100 spent on assets, it made $0.051 of profit. This is way below average. Hanger's management efficiency ratios could be used to measure how well Hanger manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 468.26 M in debt with debt to equity (D/E) ratio of 0.89, which is OK given its current industry classification. Hanger Inc has a current ratio of 3.86, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Hanger until it has trouble settling it off, either with new capital or with free cash flow. So, Hanger'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 Hanger Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hanger to invest in growth at high rates of return. When we think about Hanger's use of debt, we should always consider it together with cash and equity.

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Hanger, Inc. offer orthotic and prosthetic patient care services, distributes O&P devices and components, manages O&P networks, and offers therapeutic solutions in the United States. Hanger Inc (HGR) is traded on New York Stock Exchange in USA and employs 4,800 people.

Management Performance

Hanger Inc Leadership Team

Elected by the shareholders, the Hanger's board of directors comprises two types of representatives: Hanger inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hanger. The board's role is to monitor Hanger's management team and ensure that shareholders' interests are well served. Hanger'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, Hanger's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hartman, Sr. VP, General Counsel and Secretary
Nicolas Meier, Independent Non-Executive Director
Gabrielle Adams, Principal Accounting Officer
Samuel Liang, Executive Vice President and Presidentident - Hanger Clinic
Rebecca Hast, President of Linkia, LLC
Michael Blyth, Non-Executive Chairman of the Board
Kenneth Wilson, President of Southern Prosthetic Supply Inc and COO of Southern Prosthetic Supply Inc
Richard Pettingill, Director
Thomas Cooper, Non-Executive Chairman of the Board
David Archer, Senior Independent Non-Executive Director
Walt Meffert, Vice President CIO
Rachel Rhodes, Independent Non-Executive Director
Cynthia Lucchese, Independent Director
Andrew Morton, Vice President - Human Resources
Thomas Kiraly, CFO and Executive VP
Christopher Begley, Independent Director
Melissa Debes, Chief Accounting Officer, VP and Corporate Controller
Scott Ranson, CIO
Patrick Meier, Independent Non-Executive Director
Asif Ahmad, Independent Director
Kevin Flynn, Company Secretary
Cynthia Feldmann, Independent Director
Russell Allen, Vice President Treasurer
Robert Stan, Independent Non-Executive Director
Stephen Hare, Independent Director
Kathryn Sullivan, Independent Director
Vanessa Dennett, Non-Executive Independent Director
Julian Treger, CEO, Executive Director
Vinit Asar, CEO and President and Director
Rachel Dare, IR Contact Officer

Hanger 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 Hanger 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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Other Consideration for investing in Hanger Stock

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