Howard Lance - Summit Materials Insider

SUM -- USA Stock  

USD 27.64  0.02  0.07%

Chairman of the Board

Mr. Howard Lee Lance is Independent Chairman of the Board of Summit Materials, Inc. He has served as President and Chief Executive Officer of Maxar Technologies Ltd., formerly known as MacDonald, Dettwiler and Associates Ltd., a global communications and information company, since May 2016. Mr. Lance also sits on Maxar board of directors. Prior to joining Maxar, Mr. Lance was an Executive Advisor to The Blackstone Group L.P. and as part of his duties as such, he served on the boards of certain Blackstone portfolio companies. He is also a director of Change Healthcare, Inc. He was Chairman of the Board of Directors, President and Chief Executive Officer of Harris Corporationrationration from 2003 to 2011. Before joining Harris Corporationrationration, Mr. Lance was president of NCR Corporationrationration and Chief Operating Officer of its Retail and Financial Group. Previously, he spent 17 years with Emerson Electric Co., where he held senior management positions including Executive Vice President of its Electronics and Telecommunications segment, Chief Executive Officer and director of its Astec electronics subsidiary in Hong Kong, Group Vice President of its Climate Technologies segment and President of its Copeland Refrigeration division
Age: 61  Chairman Since 2013      
Lance has a BS degree in Industrial Engineering from Bradley University and a MS degree in Management from the Krannert School of Management at Purdue University.

Management Efficiency

The company has Return on Asset of 4.35 % which means that on every $100 spent on asset it made $4.35 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 11.8 % implying that it generated $11.8 on every 100 dollars invested.
The company has 1.85 B in debt with debt to equity (D/E) ratio of 145.5 . This implies that the company may be unable to create cash to meet all of its financial commitments. Summit Materials has Current Ratio of 3.07 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.

Similar Executives

Entity Summary

Summit Materials, Inc., together with its subsidiaries, produces and sells construction materials and related downstream products. Summit Materials, Inc. was founded in 2009 and is headquartered in Denver, Colorado. Summit Materials operates under Building Materials classification in USA and traded on New York Stock Exchange. It employs 6000 people.Summit Materials (SUM) is traded on New York Stock Exchange in USA. It is located in COLORADO, U.S.A and employs 6,000 people. Summit Materials is listed under Industrial Metal Mining category by Fama And French industry classification.

Summit Materials Leadership Team

Howard Lance, Chairman
Neil Simpkins, Director
Michael Brady, EVP, MBA
Steven Wunning, Director
Noel Ryan, President
Damian Murphy, President
Thomas Beck, President
Karl Watson, President
Anne Benedict, President
Mikel Evans, President
Anne Wade, Director
Douglas Rauh, President
Thomas Hill, CEO
Kevin Gill, President
John Murphy, Director, MBA
Ted Gardner, Director
Julia Kahr, Director
Brian Harris, CFO
Joseph Cantie, Director

Stock Performance Indicators

Did you try this?

Run Idea Breakdown Now

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Idea Breakdown

Trending Equities

Currently Active Assets on Macroaxis
Purchased over 100 shares of
few days ago
Traded for 10.44
Purchased over 300 shares of
few days ago
Traded for 6.24
Purchased over 70 shares of
few days ago
Traded for 23.42
Purchased over 200 shares of
few days ago
Traded for 8.1
Purchased over 400 shares of
few days ago
Traded for 4.74
Also please take a look at World Market Map. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.