Peter Segar - Nortek President

President

Mr. Peter Segar was Group President Ergonomic and Productivity Solutions of the company since September 2013. Prior to his appointment as the Group President Ergonomic and Productivity Solutions he served as Interim President of Ergotron Inc. from January 2013 to October 2013 he served as Ergotron Brand Products President from August 2010 to October 2013 and he served as Senior Vice President and Chief Technical Officer of Ergotron from September 2004 to August 2010. since 2013.
Age 52
Tenure 11 years
Phone401 751-1600
Webwww.nortekinc.com

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.

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Nortek, Inc. manufactures and sells solutions for remodeling and replacement, residential and commercial new construction, and personal and enterprise computer markets primarily in the United States, Canada, and Europe. Nortek Inc (NTK) is traded on NASDAQ Exchange in USA and employs 11,400 people.

Management Performance

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.
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.

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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.
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