Theodore Bachmeier - Michaels Companies Executive Vice President - Store Operations
President
Theodore J. Bachmeier is Executive Vice President Store Operations of the company since 2013.
| Age | 51 |
| Tenure | 11 years |
| Phone | 972 409-1300 |
| Web | www.michaels.com |
Michaels Companies Management Efficiency
The company has Return on Asset of 9.38 % which means that on every $100 spent on assets, it made $9.38 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (0.14) %, meaning that it generated no profit with money invested by stockholders. Michaels Companies' management efficiency ratios could be used to measure how well Michaels Companies manages its routine affairs as well as how well it operates its assets and liabilities.The company has 4.21 B in debt. The Michaels Companies has a current ratio of 1.29, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist Michaels Companies until it has trouble settling it off, either with new capital or with free cash flow. So, Michaels Companies' 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 The Michaels Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Michaels to invest in growth at high rates of return. When we think about Michaels Companies' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Robert Eulau | Western Digital | 56 | |
| Mark Long | Western Digital | 49 | |
| David Yawman | PepsiCo | 49 | |
| Thomas Greco | PepsiCo | 56 | |
| Nikki Krishnamurthy | Uber Technologies | 51 | |
| Eugene Willemsen | PepsiCo | N/A | |
| Chris Turner | PepsiCo | N/A | |
| Guy Carling | Monster Beverage Corp | 47 | |
| James Murphy | Western Digital | 55 | |
| Cynthia Trudell | PepsiCo | 62 | |
| Ruth Fattori | PepsiCo | 64 | |
| Roberto Martinez | PepsiCo | N/A | |
| Paula Santilli | PepsiCo | N/A | |
| Tony West | Uber Technologies | 55 | |
| Silviu Popovici | PepsiCo | 56 | |
| Kirk Tanner | PepsiCo | 55 | |
| Ronald Schellekens | PepsiCo | 53 | |
| Jacqueline DeMaria | Western Digital | 54 | |
| Emelie Tirre | Monster Beverage Corp | 54 | |
| Monika Tornsen | Calliditas Therapeutics | 44 | |
| Jill Hazelbaker | Uber Technologies | 41 | |
Management Performance
| Return On Equity | -0.14 | |||
| Return On Asset | 9.38 |
The Michaels Companies Leadership Team
Elected by the shareholders, the Michaels Companies' board of directors comprises two types of representatives: Michaels Companies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Michaels. The board's role is to monitor Michaels Companies' management team and ensure that shareholders' interests are well served. Michaels Companies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Michaels Companies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Veitenheimer, Sr. VP, General Counsel and Secretary | ||
| Lewis Klessel, Interim COO | ||
| Ryan Cotton, Director | ||
| Lance Weibye, Vice President - Development | ||
| Robert Koch, Executive Vice President – Stores and Development | ||
| Shawn Hearn, Senior Vice President - Human Resources | ||
| John Mahoney, Director | ||
| Stephen Carlotti, Executive VP of Marketing | ||
| Monte Ford, Director | ||
| Matthew Levin, Director | ||
| Philo Pappas, Executive VP of Merchandising | ||
| Karen Kaplan, Director | ||
| Mark Cosby, Interim CEO, Director | ||
| Peter Wallace, Director | ||
| James Quella, Director | ||
| Beryl Raff, Director | ||
| Thomas DeCaro, Executive VP of Supply Chain | ||
| Dennis Mullahy, Sr. VP of Growth Initiatives | ||
| Charles Sonsteby, CFO and Chief Admin. Officer | ||
| Nadim Gabbani, Director | ||
| Theodore Bachmeier, Executive Vice President - Store Operations | ||
| Carl Rubin, Chairman, CEO and Member of Nominating and Corporate Governance Committee | ||
| Denise Paulonis, CFO, Executive Vice President | ||
| Joshua Bekenstein, Director |
Michaels 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 Michaels Companies 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.
| Return On Equity | -0.14 | |||
| Return On Asset | 9.38 | |||
| Profit Margin | 5.59 % | |||
| Operating Margin | 11.90 % | |||
| Current Valuation | 6.13 B | |||
| Shares Outstanding | 141.66 M | |||
| Shares Owned By Insiders | 0.85 % | |||
| Shares Owned By Institutions | 99.15 % | |||
| Number Of Shares Shorted | 7.94 M | |||
| Price To Earning | 11.07 X |
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 ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Michaels Stock
If you are still planning to invest in The Michaels Companies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Michaels Companies' history and understand the potential risks before investing.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |