Allen Reed - Legg Mason Independent Director

Director

Mr. W. Allen Reed is an Independent Director of the Company. He was a director of Legg Mason since April 2006 and served as our independent Chairman from September 2012 through July 2013. From January 2006 to March 2006, Mr. Reed served as Chairman of the Board of General Motors Asset Management Corporation, the investment management subsidiary of General Motors Corporationrationration, where he served as Vice President until March 2006. He also served as Chairman of the Board and Chief Executive Officer of General Motors Trust Bank, N.A. until March 2006 as Chief Executive Officer and President of GMAMC and General Motors Investment Management Corporation until December 2005 and as Chairman of the Board and Chief Executive Officer of General Motors Trust Company until March 2006. Mr. Reed served as Senior Advisor to Aetos Capital from 2006 to 2011, as a director of TempleInland Industries from 2000 to February 2012 and as a director of General Motors Acceptance Corporationrationfrom September 1994 to March 2006. Mr. Reed has also served as a director of numerous mutual funds in the Morgan Stanley mutual funds complex since 2006, and as Chairman of the Investment Committee of the Auburn University Foundation Fund from 2012 to 2014. since 2015.
Age 70
Tenure 9 years
Phone410 539-0000
Webwww.leggmason.com

Legg Mason Management Efficiency

The company has Return on Asset (ROA) of 4.74 % which means that for every $100 of assets, it generated a profit of $4.74. This is typical in the industry. Likewise, it shows a return on total equity (ROE) of 6.69 %, which means that it produced $6.69 on every 100 dollars invested by current stockholders. Legg Mason's management efficiency ratios could be used to measure how well Legg Mason manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 2.57 B of total liabilities with total debt to equity ratio (D/E) of 0.57, which is normal for its line of buisiness. Legg Mason has a current ratio of 2.22, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Legg Mason until it has trouble settling it off, either with new capital or with free cash flow. So, Legg Mason'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 Legg Mason sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legg to invest in growth at high rates of return. When we think about Legg Mason's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Louis KarolOne Liberty Properties
60
Fiona KearnsRyanair Holdings PLC
N/A
Leor SiriOne Liberty Properties
47
John LeahyRyanair Holdings PLC
N/A
Stan McCarthyRyanair Holdings PLC
59
Hector MunozGrupo Aeroportuario del
63
John MazzarinoFidus Investment Corp
63
Edward GellertOne Liberty Properties
53
Stephanie CoylesSun Life Financial
54
Marielucie MorinSun Life Financial
63
Margaret HarrisSun Life Financial
63
Emer DalyRyanair Holdings PLC
54
Ashok GuptaSun Life Financial
56
Christopher McCormickSun Life Financial
61
Jesse LovejoyOne Liberty Properties
75
Michael CawleyRyanair Holdings PLC
63
Louise PhelanRyanair Holdings PLC
50
Julie ONeillRyanair Holdings PLC
62
Dawn LaiSun Life Financial
N/A
Krystyna HoegSun Life Financial
64
Edward TuneFidus Investment Corp
N/A
Legg Mason, Inc. is a publicly owned asset management holding company. As of July 31, 2020, Legg Mason, Inc. operates as a subsidiary of Franklin Resources, Inc. Legg Mason operates under Asset Management classification in the United States and is traded on NYQ Exchange. It employs 3059 people. Legg Mason (LM) is traded on New York Stock Exchange in USA and employs 3,059 people.

Management Performance

Legg Mason Leadership Team

Elected by the shareholders, the Legg Mason's board of directors comprises two types of representatives: Legg Mason inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Legg. The board's role is to monitor Legg Mason's management team and ensure that shareholders' interests are well served. Legg Mason'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, Legg Mason's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alan Magleby, IR Contact Officer
John Kenney, Global Head - Affiliate Strategic Initiatives
W Reed, Independent Director
Frances Cashman, Global Head - Communications and Engagement
Patricia Lattin, Chief Human Resource Officer
Joseph Sullivan, Chairman of the Board, President, Chief Executive Officer
Nelson Peltz, Independent Director
Kurt Schmoke, Independent Director
Terence Johnson, Executive Vice President, Head - Global Distribution
Robert Chiu, Director
Peter Nachtwey, Chief Financial Officer, Senior Executive Vice President
Alison Quirk, Independent Director
Edward Garden, Independent Director
Barry Huff, Independent Director
Thomas Hoops, Executive Vice President Head of Business and Product Development
WenYu Chiu, Independent Director
Thomas Merchant, Executive Vice President General Counsel, Corporate Secretary
Allen Reed, Independent Director
Ursula Schliessler, Executive Vice President, Chief Administrative Officer
Stephen Hooley, Director
Margaret Richardson, Independent Director
Tianqiao Chen, Vice Chairman of the Board
Michelle Goldberg, Independent Director
Cheryl Krongard, Independent Director
Carol Davidson, Independent Director
Roger Paradiso, Head - Alternative Distribution Strategies
Robert Angelica, Independent Director
John Murphy, Lead Independent Director
John Myers, Independent Director
Dennis Kass, Non-Executive Chairman of the Board

Legg 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 Legg Mason 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 Correlation Analysis 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 population.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in Legg Stock

If you are still planning to invest in Legg Mason 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 Legg Mason's history and understand the potential risks before investing.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Content Syndication
Quickly integrate customizable finance content to your own investment portal