Leonidas Korres - Navios Maritime Senior Vice President - Business Development

NMDelisted Stock  USD 2.27  0.00  0.00%   

President

Mr. Leonidas Korres was Senior Vice President Business Development of Navios Maritime Holdings Inc. Mr. Korres is also the Chief Financial Officer of Navios Maritime Acquisition Corporation since April 2010, and previously served as Senior Vice President for Business Development since January 2010. Mr. Korres served as the Special Secretary for Public Private Partnerships in the Ministry of Economy and Finance of the Hellenic Republic from October 2005 until November 2009. Prior to that, from April 2004 to October 2005, Mr. Korres served as Special Financial Advisor to the Minister of Economy and Finance of the Hellenic Republic and as liquidator of the Organizational Committee for the Olympic Games Athens 2004 S.A. From 2001 to 2004, Mr. Korres worked as a Senior Financial Advisor for KPMG Corporationrationrate Finance. From October 2007 until January 2010, Mr. Korres was a member of the board of directors of Navios Partners. From May 2003 to December 2006, Mr. Korres was Chairman of the Center for Employment and Entrepreneurship, a NonProfit Company. From June 2008 until February 2009, Mr. Korres served as a board member and audit committee member of Hellenic Telecommunications Organization S.A. . From June 2004 until November 2009, Mr. Korres served on the board of Hellenic Olympic Properties S.A., which was responsible for exploiting the Olympic venues since 2010.
Age 44
Tenure 14 years
Phone345 232 3067
Webhttps://www.navios.com
Korres earned his Bachelor’s degree in Economics from the Athens University of Economics and Business and his master’s degree in Finance from the University of London.

Navios Maritime Management Efficiency

The company has Return on Asset (ROA) of 0.0244 % which means that for every $100 of assets, it generated a profit of $0.0244. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.2243) %, which implies that it produced no returns to current stockholders. Navios Maritime's management efficiency ratios could be used to measure how well Navios Maritime manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 696.54 M of total liabilities. Navios Maritime Holdings has a current ratio of 0.41, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Navios Maritime until it has trouble settling it off, either with new capital or with free cash flow. So, Navios Maritime'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 Navios Maritime Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Navios to invest in growth at high rates of return. When we think about Navios Maritime's use of debt, we should always consider it together with cash and equity.

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Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company in North America, Australia, Europe, Asia, South America, and internationally. Navios Maritime Holdings Inc. was incorporated in 1954 and is headquartered in Grand Cayman, the Cayman Islands. Navios Maritime operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 1035 people. Navios Maritime Holdings (NM) is traded on New York Stock Exchange in USA and employs 989 people.

Management Performance

Navios Maritime Holdings Leadership Team

Elected by the shareholders, the Navios Maritime's board of directors comprises two types of representatives: Navios Maritime inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Navios. The board's role is to monitor Navios Maritime's management team and ensure that shareholders' interests are well served. Navios Maritime'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, Navios Maritime's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vasiliki Papaefthymiou, Executive VP of Legal, Secretary and Director
Efstathios Loizos, Independent Director
Laura Kowalcyk, VP Communications
Spyridon Magoulas, Independent Director
Efstratios Desypris, Chief Financial Controller
Erifili Tsironi, Senior Vice President - Credit Management
Shunji Sasada, President - Navios Corporation, Director
Anna Kalathakis, Chief Legal Risk Officer
Ted Petrone, President of Navios Corporation, Director
George Malanga, Independent Director
Angeliki Frangou, Chairman of the Board, Chief Executive Officer
George Achniotis, Chief Financial Officer
Michael Pearson, Independent Director
John Stratakis, Independent Director
Leonidas Korres, Senior Vice President - Business Development
Ioannis Karyotis, Senior Vice President - Strategic Planning
Georgios Akhniotis, Chief Officer

Navios 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 Navios Maritime 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Navios Maritime in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Navios Maritime's short interest history, or implied volatility extrapolated from Navios Maritime options trading.

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Other Consideration for investing in Navios Stock

If you are still planning to invest in Navios Maritime Holdings 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 Navios Maritime's history and understand the potential risks before investing.
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