Michael Porter - Merrimack Pharmaceuticals Independent Director

MACK Stock  USD 14.75  0.03  0.20%   

Director

Dr. Michael E. Porter, Ph.D. is an Independent Director of the Company. He has served as a member of our board of directors since December 2010. Dr. Porter was also a strategy advisor to us from 1999 until he joined our board in December 2010. Dr. Porter is the Bishop William Lawrence University Professor at Harvard Business School and was on the faculty at Harvard Business School since 1973. Dr. Porter also served on the boards of directors of PTC Inc. from 1995 to 2015, The Scotts MiracleGro Company from 2013 to 2015 and Thermo Fisher Scientific Inc. from 2001 to 2012. Dr. Porter has written extensively on healthcare delivery and has worked with leading healthcare providers in multiple countries and with government leaders on healthcare policy issues. Dr. Porter holds a Ph.D. in business economics from Harvard University, an M.B.A. from Harvard Business School and a B.S.E. from Princeton University. We believe that Dr. Porter is qualified to serve on our board of directors due to his expertise in corporate strategy, healthcare delivery and the development of companies in the life sciences industry, as well as his experience as an advisor and consultant to many leading companies globally, including a range of healthcare and pharmaceutical companies. Dr. Porter is not standing for reelection to the board of directors at the Annual Meeting. since 2010.
Age 69
Tenure 14 years
Professional MarksMBA
Address One Broadway, Cambridge, MA, United States, 02142
Phone617 720 8606
Webhttps://www.merrimack.com
Porter holds a Ph.D. in business economics from Harvard University, an M.B.A. from Harvard Business School and a B.S.E. from Princeton University.

Merrimack Pharmaceuticals Management Efficiency

The company has return on total asset (ROA) of (0.0697) % which means that it has lost $0.0697 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0622) %, meaning that it created substantial loss on money invested by shareholders. Merrimack Pharmaceuticals' management efficiency ratios could be used to measure how well Merrimack Pharmaceuticals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to -0.11 this year. The value of Return On Assets is estimated to slide to -0.06. Change To Liabilities is expected to rise to about 25.5 K this year, although the value of Total Current Liabilities will most likely fall to about 418.9 K.

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Merrimack Pharmaceuticals, Inc. operates as a biopharmaceutical company. The company was incorporated in 1993 and is headquartered in Cambridge, Massachusetts. Merrimack Pharmaceuticals operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. Merrimack Pharmaceuticals (MACK) is traded on NASDAQ Exchange in USA. It is located in One Broadway, Cambridge, MA, United States, 02142 and employs 30 people. Merrimack Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Merrimack Pharmaceuticals Leadership Team

Elected by the shareholders, the Merrimack Pharmaceuticals' board of directors comprises two types of representatives: Merrimack Pharmaceuticals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Merrimack. The board's role is to monitor Merrimack Pharmaceuticals' management team and ensure that shareholders' interests are well served. Merrimack Pharmaceuticals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Merrimack Pharmaceuticals' outside directors are responsible for providing unbiased perspectives on the board's policies.
George Demetri, Director
Gary Crocker, Independent Chairman of the Board
Birgit Schoeberl, Head of Discovery
Richard Peters, President CEO, Principal Financial Officer, Director
Ulrik Nielsen, Chief Scientific Officer and Sr. VP of Research
John Mendelsohn, Director
Ellen Forest, Head of Human Resources
Yasir AlWakeel, CFO and Head - Corporate Development
Daryl Drummond, Head of Research
ScD Sinskey, CoFounder Advisor
Edward Stewart, Sr. VP of Bus. Devel. and President of Merrimack Healthcare Solutions
William Sullivan, Head of Fin. and Accounting and Treasurer
Timothy Surgenor, Secretary
John Dineen, Director
Peter Laivins, Head of Devel.
Gary MBA, Treasurer and Presidentident
Geoffrey CFA, Director Communications
Robert Mulroy, CEO and President Executive Director and Member of Executive Committee
Fazal Khan, VP Manufacturing
Vivian Lee, Director
James Quigley, Director
John Green, Chief Accounting Officer, Controller
Jean Franchi, CFO,Principal Financial Officer, Principal Accounting Officer, Treasurer
William Mcclements, Head of Corporate Operations
Russell Ray, Director
Michael Porter, Independent Director
MBA MBA, Treasurer and President
Geoffrey Grande, IR Contact Officer
Sergio Santillana, Chief Medical Officer
Josh Rappaport, IR Contact Officer

Merrimack 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 Merrimack Pharmaceuticals 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merrimack Pharmaceuticals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merrimack Pharmaceuticals' short interest history, or implied volatility extrapolated from Merrimack Pharmaceuticals options trading.

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When determining whether Merrimack Pharmaceuticals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Merrimack Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Merrimack Pharmaceuticals Stock. Highlighted below are key reports to facilitate an investment decision about Merrimack Pharmaceuticals Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merrimack Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Merrimack Stock please use our How to buy in Merrimack Stock guide.
Note that the Merrimack Pharmaceuticals information on this page should be used as a complementary analysis to other Merrimack Pharmaceuticals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Merrimack Pharmaceuticals' price analysis, check to measure Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals is operating at the current time. Most of Merrimack Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Merrimack Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merrimack Pharmaceuticals' price. Additionally, you may evaluate how the addition of Merrimack Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals. If investors know Merrimack 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 Merrimack Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.08)
Return On Assets
(0.07)
Return On Equity
(0.06)
The market value of Merrimack Pharmaceuticals is measured differently than its book value, which is the value of Merrimack that is recorded on the company's balance sheet. Investors also form their own opinion of Merrimack Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals' market value can be influenced by many factors that don't directly affect Merrimack Pharmaceuticals' 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 Merrimack Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Merrimack Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merrimack Pharmaceuticals' 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.