Howard Lance - Summit Materials Insider

SUM -- USA Stock  

USD 19.18  0.09  0.47%

  Chairman
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      
303-893-0012  http://www.summit-materials.com
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 3.54 % which means that on every $100 spent on asset it made $3.54 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 9.18 % implying that it generated $9.18 on every 100 dollars invested.
The company has 1.83 B in debt with debt to equity (D/E) ratio of 143.3 . This implies that the company may be unable to create cash to meet all of its financial commitments. Summit Materials has Current Ratio of 2.04 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.

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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 1550 Wynkoop Street and employs 6,000 people.

Summit Materials Leadership Team

Howard Lance, Chairman of the Board
Neil Simpkins, Director
Michael Brady, Chief Bus. Devel. Officer and Executive VP
Steven Wunning, Director
Noel Ryan, Vice President Investor Relations
Damian Murphy, Executive Vice President Central Region President
Thomas Beck, Executive Vice President
Karl Watson, COO, Executive Vice President
Anne Benedict, Executive Vice President Chief Legal Officer, Secretary
Anne Cooney, Independent Director
Mikel Evans, Executive Vice President West Region President
Susan Ellerbusch, Independent Director
Anne Wade, Independent Director
Douglas Rauh, COO, Executive VP and President of East Region
Thomas Hill, President CEO, Director
Kevin Gill, Chief Human Resource Officer, Executive Vice President
John Murphy, Independent Director
Ted Gardner, Independent Director
Julia Kahr, Director
Brian Harris, CFO and Executive VP
Joseph Cantie, Director

Stock Performance Indicators

Current Sentiment - SUM

Summit Materials Investor Sentiment

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