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Morgans insider: Ronald Burkle

       

Ronald Burkle - Morgans Insider Profile

Independent Director

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      

Other Appointments

MORGANS HOTEL GRPM1UGermany Frankfurt
Director since 2011

Management Efficency

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.
    

Other Executives

Michael Gross, CEO
David Hamamoto, Chairman, MBA
David II, Chairman
Richard Szymanski, CFO
Daniel Flannery, COO
David Esq, EVP
Yoav Gery, EVP
Michael Malone, Director
Thomas Harrison, Director, Ph.D
Jeffrey Gault, Director
Robert Friedman, Director, MBA
Jason Kalisman, Director
Andrew Sasson, Director
Marc Gordon, Executive

Entity Summary

Morgans 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
    
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MHGC United States Nasdaq
Morgans Hotel Group Co
Benchmark S&P 500
Currency: USD - US Dollar
Traded on NASDAQ General Markets
    
    
Chance of
Bankruptcy
Less
Than
43%
In The Next
Two Years
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

    
May 01 2013
 6.12 
  
 6.04 
(0.08)  Macroaxis: -1.3071895424836613 Down   1.31%  
Lowest period price (30 days)
May 17 2013
 7.40 
  
 6.97 
(0.43)  Macroaxis: -5.8108108108108185 Down   5.81%  
Highest period price (30 days)
    

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Today Change

 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 thisGreen MHGC MHGC agains markets  0.44 % Macroaxis: 0.44 Moved Up  
 
 United States Russel   0.00 % No Change  
 United States SP 500   0.06 % Macroaxis: 0.06 Moved Down  
 
 United States NYSE   0.25 % Macroaxis: 0.25 Moved Down  
 

Stock Performance

Shares Outstanding32.35 M
Number of Shares Shorted1.45 M


 
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