Irvin Reid - Mack-Cali Realty Independent Director

Director

Dr. Irvin D. Reid is Independent Director of Mack Cali Realty Corporationrationration. Since 1994 and as a member of the Audit Committee of the Board of Directors since 1998. During this time, specifically from 1998 through 2002, Dr. Reid served as chairman of the Audit Committee. Dr. Reid was a member of the board of directors and a member of the audit committee of A. Schulman, Inc. since 2010. Dr. Reid also has served as a member of the board of directors and as a member of both the audit committee and nomination and governance committee of The Pep BoysManny, Moe Jack, from 2007 to 2012. Previously, Dr. Reid served as a member of the board of directors of the Handleman Company from 2003 to 2004 and from 2005 to 2008, and served as a member of the audit committee and the nominating and corporate governance committee of the Handleman Company. The foregoing directorships and committee memberships are the only public company or registered investment company directorships and committee memberships currently held by Dr. Reid or which Dr. Reid held at any time during the past five years. Dr. Reid has served on the Board of the Downtown Economic Development Corporation of the City of Detroit since 1999. Dr. Reid also has served as a member of the board of directors of Fleet Bank, N.A., from 1990 to 2002 and as a member of the Federal Reserve Board of ChicagoDetroit Branch, from 2003 to 2004 and from 2005 to 2008. From 2000 to 2011, Dr. Reid served as a member of The Michigan Economic Development Corporation Board, Executive and Finance Committees. Dr. Reid also previously served on the boards of First Tennessee Bank of Chattanooga and NatWest Bank, New Jersey and as a member of the board and chair of the trust committee of NatWest Bank, USA. Dr. Reid is president emeritus of Wayne State University in Michigan, having served as president from 1997 to 2008. since 1994.
Age 78
Tenure 30 years
Professional MarksPh.D
Phone732 590-1010
Webwww.mack-cali.com
Reid received his B.S. degree and M.S. degree in general and experimental psychology from Howard University. He earned his M.A. and Ph.D. degrees in business and applied economics from The Wharton School of Business and Finance at the University of Pennsylvania. Based on Dr. Reid familiarity with the Company as a longstanding member of the Company Board of Directors and his experience as a director of several public and private companies, the Nominating and Corporationrationrationrate Governance Committee of the Board of Directors concluded that Dr. Reid has the requisite experience, qualifications, attributes and skills necessary to serve as a member of the Board of Directors.

Mack-Cali Realty Management Efficiency

The company has Return on Asset of (0.05) % which means that on every $100 spent on assets, it lost $0.05. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (6.87) %, meaning that it generated no profit with money invested by stockholders. Mack-Cali Realty's management efficiency ratios could be used to measure how well Mack-Cali Realty manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.5 B in debt with debt to equity (D/E) ratio of 1.23, which is OK given its current industry classification. Mack-Cali Realty has a current ratio of 6.05, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Mack-Cali Realty until it has trouble settling it off, either with new capital or with free cash flow. So, Mack-Cali Realty'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 Mack-Cali Realty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mack-Cali to invest in growth at high rates of return. When we think about Mack-Cali Realty's use of debt, we should always consider it together with cash and equity.

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One of the countrys leading real estate investment trusts , Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live. Mack-Cali Realty operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 256 people. Mack Cali Realty (CLI) is traded on New York Stock Exchange in USA and employs 256 people.

Management Performance

Mack-Cali Realty Leadership Team

Elected by the shareholders, the Mack-Cali Realty's board of directors comprises two types of representatives: Mack-Cali Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mack-Cali. The board's role is to monitor Mack-Cali Realty's management team and ensure that shareholders' interests are well served. Mack-Cali Realty'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, Mack-Cali Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Deidre Crockett, Executive Vice President, Chief Administrative Officer
MaryAnne Gilmartin, Chairman of the Board, Interim Chief Executive Officer
Laura Pomerantz, Independent Director
Alan Philibosian, Independent Director
Michael Berman, Director
Howard Stern, Independent Director
Rebecca Robertson, Independent Director
David Smetana, Chief Financial Officer
Robert Marshall, President COO
Michael DeMarco, Chief Executive Officer, Director
Gary Wagner, Chief Legal Officer, Secretary
Kenneth Duberstein, Independent Director
Roy Zuckerberg, Independent Director
Alan Batkin, Independent Director
Mahbod Nia, Chief Executive Officer, Director
Nathan Gantcher, Independent Director
Marshall Tycher, Chairman of Roseland
Nori Lietz, Independent Director
Giovanni DeBari, Chief Accounting Officer
David Mack, Independent Director
Irvin Reid, Independent Director
Victor Macfarlane, Director
Mitchell Rudin, CEO
Christopher DeLorenzo, Executive Vice President Leasing
Vincent Tese, Independent Director
Anna Malhari, Chief Operating Officer, Executive Vice President
Anthony Krug, CFO
Frederic Cumenal, Independent Director
A Katz, Independent Director
Jonathan Litt, Independent Director
Ricardo Cardoso, Executive Vice President, Chief Investment Officer
Alan Bernikow, Lead Independent Director
Lisa Myers, Independent Director
Tammy Jones, Independent Chairman of the Board
Nicholas Hilton, Executive Vice President - leasing
William Mack, Chairman of the Board

Mack-Cali 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 Mack-Cali Realty 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mack-Cali Realty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mack-Cali Realty's short interest history, or implied volatility extrapolated from Mack-Cali Realty options trading.

Pair Trading with Mack-Cali Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mack-Cali Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mack-Cali Realty will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to KeyCorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KeyCorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KeyCorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KeyCorp to buy it.
The correlation of KeyCorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KeyCorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KeyCorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KeyCorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Mack-Cali Stock

If you are still planning to invest in Mack-Cali Realty 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 Mack-Cali Realty's history and understand the potential risks before investing.
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