Lawrence Skatoff - Methode Electronics Independent Director

MEI Stock  USD 12.29  0.23  1.91%   

Director

Mr. Lawrence B. Skatoff is an Independent Director of Methode Electronics, Inc., since 2004. Mr. Skatoff retired in 2001 as Executive Vice President and Chief Financial Officer of BorgWarner Inc., a manufacturer of highly engineered systems and components for the automotive industry. Prior to joining BorgWarner Inc., Mr. Skatoff was Senior Vice President and Chief Financial Officer of Premark International, Inc., a diversified consumer products company, from 1991 through 1999. Before joining Premark, Mr. Skatoff was Vice PresidentFinance of Monsanto Company, a worldwide manufacturer of chemicals and pharmaceuticals since 2004.
Age 80
Tenure 20 years
Address 8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3518
Phone708 867 6777
Webhttps://www.methode.com
Skatoff’s executive experience and financial background has led to continued contributions to the Board.

Methode Electronics Management Efficiency

The company has Return on Asset of 0.0113 % which means that on every $100 spent on assets, it made $0.0113 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0651) %, meaning that it generated no profit with money invested by stockholders. Methode Electronics' management efficiency ratios could be used to measure how well Methode Electronics manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Methode Electronics' Return On Capital Employed is increasing as compared to previous years. The Methode Electronics' current Return On Assets is estimated to increase to 0.08, while Return On Tangible Assets are projected to decrease to 0.07. As of now, Methode Electronics' Total Current Assets are increasing as compared to previous years. The Methode Electronics' current Intangible Assets is estimated to increase to about 310 M, while Other Current Assets are projected to decrease to under 13 M.
The company has 335.4 M in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Methode Electronics has a current ratio of 3.19, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Methode Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, Methode Electronics' 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 Methode Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Methode to invest in growth at high rates of return. When we think about Methode Electronics' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Walter CatlowCTS Corporation
71
James HawkinsOSI Systems
61
Dennis MeyerLSI Industries
80
Wilfred OGaraLSI Industries
60
Rainer JueckstockPlexus Corp
58
Patricia CollawnCTS Corporation
60
Joann EisenhartPlexus Corp
58
Gerald ChizeverOSI Systems
73
Amy HansonLSI Industries
N/A
Lawrence CianciaCTS Corporation
72
Philip MartensPlexus Corp
54
Robert ProfusekCTS Corporation
70
David DruryPlexus Corp
69
Diana MurphyCTS Corporation
62
Peter KellyPlexus Corp
61
John MorganLSI Industries
63
William JohnsonCTS Corporation
63
Meyer LuskinOSI Systems
92
Mary WinstonPlexus Corp
52
Ralf BoerPlexus Corp
70
Robert BeechLSI Industries
64
Methode Electronics, Inc. designs, engineers, and produces mechatronic products worldwide. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois. Methode Electronics operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 7000 people. Methode Electronics (MEI) is traded on New York Stock Exchange in USA. It is located in 8750 West Bryn Mawr Avenue, Chicago, IL, United States, 60631-3518 and employs 6,700 people. Methode Electronics is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Methode Electronics Leadership Team

Elected by the shareholders, the Methode Electronics' board of directors comprises two types of representatives: Methode Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Methode. The board's role is to monitor Methode Electronics' management team and ensure that shareholders' interests are well served. Methode Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Methode Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Cadwallader, Independent Director
Mark Shermetaro, Vice Development
Theodore Kill, VP of Worldwide Automotive Sales
Donald Duda, President, Chief Executive Officer, Director
Douglas Koman, CFO and VP of Corporate Fin.
Mary Lindsey, Independent Director
Warren Batts, Independent Director
Kristine Walczak, Senior Vice President
Joseph Khoury, Chief Operating Officer, Senior Vice President
Angelo Pantaleo, Independent Director
Kevin Martin, Vice President- North America
Mark Schwabero, Independent Director
Janie Goddard, Director
Andrea Barry, Chief Human Resource Officer
Michael Brotherton, Vice President General Manager - North American Automotive and Presidentident - Grakon
Anil Shetty, Vice President General Manager - Asia and Presidentident - Dabir
John Hrudicka, CFO, Vice President - Finance
Paul Shelton, Independent Director
Bruce Crowther, Independent Director
David Blom, Independent Director
Amit Patel, Chief Officer
Kerry Vyverberg, General Counsel
Lawrence Skatoff, Independent Director
Ronald Tsoumas, Vice President, Corporate Finance and Chief Financial Officer
Christopher Hornung, Independent Director
Walter Aspatore, Independent Chairman of the Board
Timothy Glandon, VP and General Manager of North American Automotive
Therese Bobek, Independent Director
Stephen Gates, Independent Director
Avi Avula, President CEO
Darren Dawson, Independent Director
Robert Cherry, Vice Relations
Isabelle Goossen, Independent Director
Martha Aronson, Director

Methode 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 Methode Electronics 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
When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Methode Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.
Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Methode Stock analysis

When running Methode Electronics' price analysis, check to measure Methode Electronics' 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 Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Valuation
Check real value of public entities based on technical and fundamental data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Transaction History
View history of all your transactions and understand their impact on performance
Is Methode Electronics' 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 Methode Electronics. If investors know Methode 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 Methode Electronics 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
(0.97)
Dividend Share
0.56
Earnings Share
(1.63)
Revenue Per Share
31.999
Quarterly Revenue Growth
(0.07)
The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' 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 Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' 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 Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.