Rocca was selected to serve on the Board because of the global financial experience he attained through various senior financial and leadership positions at multinational public companies. He served as Chief Financial Officer at Mallinckrodt, Inc., a $2.7 billion manufacturer of specialty medical technology products, from 1994 until his retirement in 2000. Prior to joining Mallinckrodt, from 1966 to 1994, Mr. Rocca worked at Honeywell, Inc., where he served in a variety of finance roles, including Vice President of Finance for Honeywell Europe in Brussels, Belgium and Vice President and Corporationrationrate Treasurer. Given Mr. Rocca?s management and financial experience, including serving as the current Chairman of the Audit Committee of Hyatt Hotels Corporationrationration and having served as the Chairman of the Audit Committee of Lawson Software, Inc., he is uniquely qualified to serve as Chairman of the Company?s Audit Committee.
Management Efficency
The company has Return on Asset of 10.02 % which means that on every $100 spent on asset it made $10.02 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 18.48 % implying that it generated $18.48 on every 100 dollars invested.
The company has 3.36 B in debt with debt to equity (D/E) ratio of 0.88 which is OK given its current industry classification. St Jude Medical Inc has Current Ratio of 2.05 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.
St. Jude Medical, Inc. develops, manufactures, and distributes cardiovascular and implantable neurostimulation medical devices worldwide. St Jude Medical Inc [STJ] is traded on New York Stock Exchange in USA. It is located in Saint Paul, MN and employs 15,000 people. Filter other
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