Bennett Rosenthal - Nortek Independent Director
Director
Mr. Bennett Rosenthal was a member of the Board since December 17 2009. Mr. Rosenthal is a cofounder and Senior Partner of Ares where he serves on the Management Committee and coheads the Private Equity Group. Mr. Rosenthal joined Ares in 1998 from Merrill Lynch Co. where he served as a Managing Director in the Global Leveraged Finance Group. Mr. Rosenthal was also a senior member of Merrill Lynchs Leveraged Transaction Commitment Committee. Mr. Rosenthal is the coChairman of the Board of Directors of Ares Capital Corporation and also currently serves on the Boards of Directors of Ares Management GP LLC the general partner of Ares Management L.P. AmeriQual Group LLC Aspen Dental Management Inc. City Ventures LLC Jacuzzi Brands Corporation True Holdings Management LLC Unified Physician Management LLC and Ob Hospitalist Group Inc. and the parent entities of CHG Healthcare Holdings L.P. CPG International Inc. Serta International Holdco LLC and Simmons Bedding Company. Mr. Rosenthal also serves on the Board of Trustees of Windward School in Los Angeles California. Mr. Rosenthal previously served on the Boards of Directors of Maidenform Brands Inc. and Hanger Orthopedic Group Inc. Mr. Rosenthals experience with leveraged finance acquisitions and private debt and equity investments and serving on other boards of directors makes him wellpositioned to serve as a director for the Company since 2009.
| Age | 51 |
| Tenure | 15 years |
| Phone | 401 751-1600 |
| Web | www.nortekinc.com |
Bennett Rosenthal Latest Insider Activity
Tracking and analyzing the buying and selling activities of Bennett Rosenthal against Nortek stock is an integral part of due diligence when investing in Nortek. Bennett Rosenthal insider activity provides valuable insight into whether Nortek is net buyers or sellers over its current business cycle. Note, Nortek insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nortek'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Bennett Rosenthal over a month ago Disposition of 2776 shares by Bennett Rosenthal of Ares Management at 131.89 subject to Rule 16b-3 | ||
Bennett Rosenthal over six months ago Sale by Bennett Rosenthal of 70283 shares of Ares Management | ||
Bennett Rosenthal over six months ago Sale by Bennett Rosenthal of 47859 shares of Ares Management |
Nortek Management Efficiency
The company has Return on Asset of (1.5221) % which means that on every $100 spent on assets, it lost $1.5221. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (115.6441) %, meaning that it generated no profit with money invested by stockholders. Nortek's management efficiency ratios could be used to measure how well Nortek manages its routine affairs as well as how well it operates its assets and liabilities.The company has 1.38 B in debt with debt to equity (D/E) ratio of 113.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Nortek Inc has a current ratio of 1.61, which is typical for the industry and considered as normal. Debt can assist Nortek until it has trouble settling it off, either with new capital or with free cash flow. So, Nortek'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 Nortek Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nortek to invest in growth at high rates of return. When we think about Nortek's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Elizabeth Little | Arrow Financial | 73 | |
| Milton Matsumoto | Barings BDC | 70 | |
| Tom Finke | Barings BDC | N/A | |
| Michael Clarke | Arrow Financial | 71 | |
| Michael Miles | Western Union Co | 58 | |
| David Kruczlnicki | Arrow Financial | 65 | |
| Joyce Phillips | Western Union Co | 57 | |
| Thomas Finke | Barings BDC | 53 | |
| Edward Lippy | Hanover Foods | 78 | |
| Arthur Schaier | Hanover Foods | 66 | |
| William Owens | Arrow Financial | 69 | |
| Linda Levinson | Western Union Co | 73 | |
| Katrina Houde | SunOpta | 59 | |
| David Moynehan | Arrow Financial | 70 | |
| Margaret Atkins | SunOpta | 61 | |
| John Switzer | Barings BDC | 63 | |
| Rebecca Fisher | SunOpta | N/A | |
| Leslie Keating | SunOpta | 57 | |
| Gregg Tanner | SunOpta | 60 | |
| Dean Hollis | SunOpta | 55 | |
| Michael Detlefsen | SunOpta | 52 | |
Management Performance
| Return On Equity | -115.64 | |||
| Return On Asset | -1.52 |
Nortek Inc Leadership Team
Elected by the shareholders, the Nortek's board of directors comprises two types of representatives: Nortek inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nortek. The board's role is to monitor Nortek's management team and ensure that shareholders' interests are well served. Nortek'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, Nortek's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Lukas, Independent Director | ||
| Bennett Rosenthal, Independent Director | ||
| Michael Clarke, CEO and President Director and Member of Proxy Committee | ||
| Jeffrey Bloomberg, Independent Director | ||
| Lawrence Cohen, CEO of Glycotest Inc. | ||
| Timothy Burling, Senior Vice President Operational Finance | ||
| James Hirshorn, Independent Director | ||
| Peter Segar, Group President of Ergonomic and Productivity Solutions | ||
| J Smith, Independent Chairman of the Board | ||
| Thomas Keenan, Independent Director | ||
| Gene Walther, CEO of Vortex BioSciences | ||
| Bob Englert, CEO of Vortex Biosciences | ||
| David LaGrand, Group President of Residential and Commercial HVAC | ||
| Mark DeVincent, President Custom and Commercial Air Solutions | ||
| JDavid Smith, Independent Chairman of the Board | ||
| Stephen Smith, Non-Executive Director | ||
| Liam Weston, Chief Human Resource Officer | ||
| Bruno Biasiotta, COO | ||
| John Coleman, Independent Director | ||
| Kevin Donnelly, Senior Vice President General Counsel, Secretary | ||
| Michael ONeal, President - Nortek Security and Control | ||
| Jeffrey Mueller, President - Residential Ventilation | ||
| Ian Postlethwaite, CFO, Director | ||
| Chris McWilton, Director | ||
| Michael Botelho, Vice President - Strategy and Investor Relations | ||
| Richard Skyes, Chairman, Executive Director | ||
| Christopher McWilton, Director |
Nortek 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 Nortek 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 | -115.64 | |||
| Return On Asset | -1.52 | |||
| Profit Margin | (1.31) % | |||
| Operating Margin | 6.18 % | |||
| Current Valuation | 2.08 B | |||
| Shares Outstanding | 15.94 M | |||
| Shares Owned By Insiders | 2.37 % | |||
| Shares Owned By Institutions | 97.70 % | |||
| Number Of Shares Shorted | 195.22 K | |||
| Price To Earning | 130.82 X |
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 Nortek 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, Nortek's short interest history, or implied volatility extrapolated from Nortek options trading.
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 estimate. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Nortek Stock
If you are still planning to invest in Nortek Inc 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 Nortek's history and understand the potential risks before investing.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |