Mr. W. Allen Reed was appointed as NonExecutive Chairman of the Board of Legg Mason, Inc., effective October 1, 2012. He was a director of Legg Mason since 2006. He previously served as Chairman, President and CEO of General Motors Asset Management Corporationrationration and Chairman and CEO of General Motors Trust Bank, N.A. Mr. Reed has more than 35 years of experience in the asset management industry, having served as the financial officer responsible for employee benefit fund investments at General Motors, Delta Air Lines and Hughes Electronics.
The company has Return on Asset (ROA) of 2.69 % which means that for every $100 of asset it generated profit of $2.69. This is way below average. Likewise, it shows return on total equity (ROE) of (5.94) % which implies that it produced no returns to current stockholders.
The company reports 1.39 B of total liabilities with total debt to equity ratio (D/E) of 0.28 which may suggest the company is not taking enough advantage from financial leverage. Legg Mason Inc has Current Ratio of 3.46 indicating that it is in good position to pay out its debt commitments in time.
Legg Mason, Inc. offer asset management and related financial services to institutional and individual clients, companysponsored mutual funds, and other pooled investment vehicles worldwide. Legg Mason Inc [LM] is traded on New York Stock Exchange in USA. It is located in Baltimore, MD and employs 2,979 people. Filter other
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