Mr. Ronald W. Burkle was appointed as the Independent Director of Morgans Hotel Group Co. Mr. Burkle is Managing Partner of The Yucaipa Companies, a private investment firm, which he founded in 1986. Mr. Burkle has served as Chairman of the Board and controlling shareholder of numerous companies including Alliance Entertainment, a distributor of music, movies and game software, Golden State Foods, and supermarket chains Dominick?s, Fred Meyer, Ralph?s and Food4Less. Mr. Burkle is CoChairman of the Burkle Center for International Relations at UCLA, a trustee of the Carter Center, the National Urban League and AIDS Project Los Angeles and a member of the board of directors of the Frank Lloyd Wright Building Conservancy. Mr. Burkle served as a director of the following public companies: Occidental Petroleum Corporationration from 1999 to 2010, Yahoo! Inc. from 2001 to 2010 and KB Home Corporationrationration from 1995 to 2010.
Age: 60 Director Since 2011
The company has return on total asset (ROA) of (0.14) % which means that it has lost $0.14 on every $100 spent on asset. This is way below average.
The company currently holds 545.34 M in liabilities. Morgans Hotel Group Co has Current Ratio of 5.74 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.
Entity SummaryMorgans Hotel Group Co., an integrated lifestyle hospitality company, engages in the acquisition, ownership, operation, development, and redevelopment of boutique hotels, nightclubs, restaurants, bars, and other food and beverage venues. Morgans Hotel Group Co [MHGC] is traded on NASDAQ General Markets in USA. It is located in New York, NY and employs 5,000 people. Filter other
|Click to run this filter|| |
Filter Other Insiders
| MHGC Nasdaq
Morgans Hotel Group Co
Morgans Hotel Group Co has less than 43.01 (%) percent chance of experiencing financial distress in the next 2 years of operations.
Morgans price boundaries
Promote Morgans and Ronald Burkle