Michael Hartnett - RBC Bearings Chairman, CEO and Pres

ROLLDelisted Stock  USD 245.82  2.13  0.86%   

Chairman

Dr. Michael J. Hartnett, Ph.D., is the Chairman of the Board, President, Chief Executive Officer of the Company. e was the President and Chief Executive Officer since April, 1992 and Chairman of the Board since June, 1993. Prior to that, Dr. Hartnett served as President and General Manager of our Industrial Tectonics Bearings Corporationrationration, or ITB, subsidiary from 1990, following eighteen years at The Torrington Company, one of the three largest bearings manufacturers in the U.S. While at The Torrington Company, Dr. Hartnett held the position of Vice President and General Manager of the Aerospace Business Unit and was, prior to that, Vice President of the Research and Development Division. Dr. Hartnett holds an undergraduate degree from the University of New Haven, a Masters degree from Worcester Polytechnic Institute and a Ph.D. in Applied Mechanics from the University of Connecticut. Dr. Hartnett has also developed numerous patents, authored more than two dozen technical papers and is well known for his contributions to the field of tribology, the study of friction. Dr. Hartnett served as a director of Aftermarket Technology Corporationration, a publiclyheld company in the business of remanufacturing aftermarket components for automobiles until October, 2010, and served as a director of Process Fab Inc., a private company in the business of precision manufacturing and related services until March, 2014. since 1993.
Age 76
Tenure 31 years
Phone203 267 7001
Webhttps://www.rbcbearings.com

Michael Hartnett Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Hartnett against RBC Bearings stock is an integral part of due diligence when investing in RBC Bearings. Michael Hartnett insider activity provides valuable insight into whether RBC Bearings is net buyers or sellers over its current business cycle. Note, RBC Bearings insiders must abide by specific rules, including filing SEC forms every time they buy or sell RBC Bearings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

RBC Bearings Management Efficiency

The company has return on total asset (ROA) of 0.0428 % which means that it generated a profit of $0.0428 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0427 %, meaning that it created $0.0427 on every $100 dollars invested by stockholders. RBC Bearings' management efficiency ratios could be used to measure how well RBC Bearings manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.69 B in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. RBC Bearings rporated has a current ratio of 3.01, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist RBC Bearings until it has trouble settling it off, either with new capital or with free cash flow. So, RBC Bearings' 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 RBC Bearings rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RBC to invest in growth at high rates of return. When we think about RBC Bearings' use of debt, we should always consider it together with cash and equity.

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RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. The company was founded in 1919 and is headquartered in Oxford, Connecticut. RBC Bearings operates under Tools Accessories classification in the United States and is traded on NMS Exchange. It employs 4892 people. RBC Bearings Incorporated (ROLL) is traded on NASDAQ Exchange in USA and employs 4,892 people.

Management Performance

RBC Bearings rporated Leadership Team

Elected by the shareholders, the RBC Bearings' board of directors comprises two types of representatives: RBC Bearings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RBC. The board's role is to monitor RBC Bearings' management team and ensure that shareholders' interests are well served. RBC Bearings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RBC Bearings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Bergeron, CFO, Chief Accounting Officer, VP, Assistant Secretary and Director
Ernie Hawkins, Chief Accounting Officer, Vice President - Finance
Michael Hartnett, Chairman, CEO and Pres
Mitchell Quain, Independent Director
John Feeney, Gen VP
Patrick Bannon, Vice President General Manager
David Gilbert, I Industrial
Amir Faghri, Independent Director
Thomas Williams, Corporate General Counsel and Secretary
Edward Stewart, Independent Director
Richard Edwards, VP and General Manager
Alan Levine, Independent Director
Thomas Burigo, Corporate Controller
Richard Crowell, Independent Director
Joseph Salamunovich, General Counsel, Secretary
Thomas OBrien, Independent Director
Matthew Tift, Co Controller
Thomas Crainer, VP and General Manager
Steven Kaplan, Director
Robert Sullivan, Corporate Controller
Ernest Hawkins, Chief Accounting Officer, Vice President - Finance

RBC 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 RBC Bearings 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.

Currently Active Assets on Macroaxis

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You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in RBC Stock

If you are still planning to invest in RBC Bearings rporated 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 RBC Bearings' history and understand the potential risks before investing.
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