Jan Klatten - Nordex SE Deputy Chairman of the Supervisory Board

NRDXF Stock  USD 13.38  0.01  0.07%   

Chairman

Mr. Jan Klatten was Member of the Supervisory Board of Nordex SE since May 10, 2016. He was Deputy Chairman of the Supervisory Board at Nordex SE from September 1, 2008 until May 10, 2016. Prior to this, he was Member of the Supervisory Board from October 6, 2005. He is Chairman of the Strategy and Engineering Committee, as well as Member of the Management Committee at the Company. He is Managing Shareholder of Momentum Beteiligungsgesellschaft mbH. He held management positions in the automobile industry over a period of 15 years before going into business on his own in 1991. Currently, he serves as Chairman of the Supervisory Board of asturia Automotive AG. Mr. Klatten studied Marine Engineering at Universitaet Hamburg and Business Management at the Sloan School of Management at Massachusetts Institute of Technology. since 2016.
Tenure 8 years
Phone49 40 300 30 1000
Webhttps://www.nordex-online.com
Klatten studied Ship Engineering at Universitaet Hamburg and Business Management at the Sloan School of Management at Massachusetts Institute of Technology, and holds a MS degree.

Nordex SE Management Efficiency

The company has return on total asset (ROA) of (0.0573) % which means that it has lost $0.0573 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4553) %, meaning that it generated substantial loss on money invested by shareholders. Nordex SE's management efficiency ratios could be used to measure how well Nordex SE manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 349.56 M in total debt with debt to equity ratio (D/E) of 0.65, which is about average as compared to similar companies. Nordex SE has a current ratio of 0.85, 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 Nordex SE until it has trouble settling it off, either with new capital or with free cash flow. So, Nordex SE'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 Nordex SE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordex to invest in growth at high rates of return. When we think about Nordex SE's use of debt, we should always consider it together with cash and equity.

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Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. The company was incorporated in 1985 and is headquartered in Hamburg, Germany. NORDEX SE operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 9046 people. Nordex SE [NRDXF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Nordex SE Leadership Team

Elected by the shareholders, the Nordex SE's board of directors comprises two types of representatives: Nordex SE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordex. The board's role is to monitor Nordex SE's management team and ensure that shareholders' interests are well served. Nordex SE'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, Nordex SE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jose Dieguez, Deputy CEO, COO
Felix Zander, Head of Investor Relations
Jose Diguez, Chairman CEO
Annette Stieve, Member of the Supervisory Board
Rafael Alcala, Member of the Supervisory Board
Bernard Schaeferbarthold, CFO, Member of the Management Board
Ralf Peters, Head of Corporate Communication
Connie Hedegaard, Member of the Supervisory Board
Jan Klatten, Deputy Chairman of the Supervisory Board
Wolfgang Ziebart, Chairman of the Supervisory Board
Juan Girod, Deputy Chairman of the Supervisory Board
Martin Rey, Member of the Supervisory Board
Patxi Landa, Chief Sales Officer
Christoph Burkhard, CFO, Member of the Management Board
Lars Krogsgaard, CEO and Member of Management Board
Heinz Deelen, Member of the Supervisory Board
Frank Lutz, Member of the Supervisory Board
Ilya Hartmann, CFO Board

Nordex Stock Performance Indicators

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Please note, there is a significant difference between Nordex SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordex SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordex SE'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.