Mark Reckitt - Mitie Group Non-Executive Director

MITFY Stock  USD 5.76  0.05  0.88%   

Director

Mr. Mark Reckitt is NonExecutive Independent Director of the Company. He is Nonexecutive director and chairman of the audit committees at both Cranswick plc and Hill Smith Holdings plc. He was Nonexecutive director and chairman of the audit committee of J D Wetherspoon plc group strategy director, Smiths Group plc divisional president, Smiths Interconnect interim managing director, Green Blacks Chocolate chief strategy officer at Cadbury plc. Mark also held a range of strategy and finance roles at Cadbury since joining in 1989, including finance director of Cadbury UK. Prior to joining Cadbury, Mark spent six years in investment banking and retailing. He is Chartered Accountant. since 2015.
Age 58
Tenure 9 years
Phone44 330 6780710
Webhttps://www.mitie.com

Mitie Group Management Efficiency

The company has return on total asset (ROA) of 0.0263 % which means that it generated a profit of $0.0263 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0732 %, meaning that it generated $0.0732 on every $100 dollars invested by stockholders. Mitie Group's management efficiency ratios could be used to measure how well Mitie Group manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 300.6 M in total debt with debt to equity ratio (D/E) of 0.71, which is about average as compared to similar companies. Mitie Group Plc has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mitie Group until it has trouble settling it off, either with new capital or with free cash flow. So, Mitie Group's 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 Mitie Group Plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mitie to invest in growth at high rates of return. When we think about Mitie Group's use of debt, we should always consider it together with cash and equity.

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Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom. Mitie Group operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. It employs 71330 people. Mitie Group Plc [MITFY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Mitie Group Plc Leadership Team

Elected by the shareholders, the Mitie Group's board of directors comprises two types of representatives: Mitie Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mitie. The board's role is to monitor Mitie Group's management team and ensure that shareholders' interests are well served. Mitie Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mitie Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Ormrod, Company Secretary
Derek Mapp, Non-Executive Chairman - Elect
Nivedita Bhagat, Non-Executive Independent Director
Patrick Stirland, Managing Director
Jennifer Duvalier, Non-Executive Director
Erica Lockhart, Head of Corporate Affairs
Jack Boyer, Non-Executive Independent Director
Philippa Couttie, Non-Executive Director
Suzanne Baxter, Group Finance Director, Executive Director
Mark Reckitt, Non-Executive Director
Claire Lovegrove, Head Relations
Peter Dickinson, Company Secretary
Jasmine Hudson, Chief Officer
Roger Yates, Non-Executive Director
David Jenkins, Senior Non-Executive Independent Director
Jason Towse, Managing Services
Ruby McGregorSmith, Chief Executive, Executive Director
Sandip Mahajan, CFO, Director
Alison Saunders, Managing Director
Simon Kirkpatrick, CFO Director
Fiona Lawrence, Group Director
Mary Reilly, Non-Executive Director
Crawford Gillies, Non-Executive Independent Director
Cijo Joseph, Chief Officer
Anna Gavrilova, Head of Investor Relations
Roger Matthews, Non-Executive Independent Chairman of the Board
Larry Hirst, Non-Executive Independent Director
Phil Bentley, CEO, Director
Paul Woolf, Group CFO, Director
Lucy Bielby, Media Mang

Mitie Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Mitie Group 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.

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When running Mitie Group's price analysis, check to measure Mitie Group's 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 Mitie Group is operating at the current time. Most of Mitie Group's value examination focuses on studying past and present price action to predict the probability of Mitie Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mitie Group's price. Additionally, you may evaluate how the addition of Mitie Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mitie Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitie Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitie Group's 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.