Kjetil Hestdal - Photocure President CEO

PHO Stock  NOK 53.90  0.10  0.19%   

CEO

Dr. Kjetil Hestdal, M.D., Ph.D. has served as President and Chief Executive Officer of Photocure ASA since January 2005. Prior to that, he held the position of Vice President of Research and Development at the Company from January 1997 until October 2004, and the post of the Company Chief Operating Officer from October 2004 until January 2005. Before joining Photocure, Dr. Hestdal served as the Project ManagerMedical Expert at Sandoz and as Senior Scientist at Rikshospitalet since 2005.
Age 55
Tenure 19 years
Professional MarksPh.D
Phone(47) 22 06 22 18
Webwww.photocure.no
Hestdal holds a Ph.D. in immunology.

Photocure Management Efficiency

The company has return on total asset (ROA) of (0.0309) % which means that it has lost $0.0309 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1567) %, meaning that it generated substantial loss on money invested by shareholders. Photocure's management efficiency ratios could be used to measure how well Photocure manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 12.5 M in total debt with debt to equity ratio (D/E) of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Photocure has a current ratio of 2.98, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Photocure until it has trouble settling it off, either with new capital or with free cash flow. So, Photocure'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 Photocure sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Photocure to invest in growth at high rates of return. When we think about Photocure's use of debt, we should always consider it together with cash and equity.

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Photocure ASA, a specialty pharmaceutical company, engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products and related technical medical equipment in Nordic countries and the United States. Photocure ASA was founded in 1997 and is headquartered in Oslo, Norway. PHOTOCURE ASA operates under Drug Manufacturers - Major classification in Norway and is traded on Oslo Stock Exchange. It employs 71 people. Photocure (PHO) is traded on Oslo Stock Exchange in Norway and employs 97 people.

Management Performance

Photocure Leadership Team

Elected by the shareholders, the Photocure's board of directors comprises two types of representatives: Photocure inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Photocure. The board's role is to monitor Photocure's management team and ensure that shareholders' interests are well served. Photocure'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, Photocure's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kathleen Deardorff, COO
Jan Egberts, Chairman of the Board
Tolv Hillestad, Group Controller
Einar Antonsen, Director
Patricia Kelly, VP HR
Jeremy Bahr, Chief Business Officer
David Moskowitz, Head Relations
Grete Hogstad, Vice President of Strategic Marketing
Tove Ringvold, Director
Anders Neijber, Clinical Affairs
Geoffrey Coy, VP Operations
Synne Roine, Director
Erik Dahl, Chief Officer
Xavier Yon, Director
Johanna Holldack, Director
Kari MD, Head Devel
Gwen Mellincoff, Director
Ambaw Bellete, Head of United States Cancer Commercial Operations
Espen Njastein, Head of Nordic Cancer Commercial Operations
BenteLill Romoren, Chairman of the Board
Lars Ronn, Director
Kjetil Hestdal, President CEO
Gry Stensrud, VP of Technical Devel. and Operations
Daniel Schneider, President CEO
Grannum Sant, Director
Inger Heglund, Vice President of Research and Development
Tom Pike, Director

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