Michael DeMarco - Mack Cali Chief Executive Officer, Director
CEO
Mr. Michael J. DeMarco is Chief Executive Officer, Director of the Company. He joined the General Partner in June 2015 and served as President and Chief Operating Officer until he was appointed Chief Executive Officer in April 2017. Prior to joining the General Partner, from 2013 to June 2015 Mr. DeMarco served as the chief investment officer of CCRE, a nonbank finance company and one the largest originators of CMBS. Mr. DeMarco previously served as an executive vice president at Vornado Realty Trust from 2010 to 2013, as a managing director at Fortress Investment Group from 2007 to 2010, and as a senior managing director at Lehman Brothers from 1993 to 2007. As Chief Executive Officer, Mr. DeMarco is responsible for the strategic direction of the General Partner. Mr. DeMarco also is a member of the board of trustees of NAIOP NJ and Saint Peters Preparatory School, as well as a member of Urban Land Institute and The International Council of Shopping Centers . Since June 2015, Mr. DeMarco has served as a member of the board of trustees of Pennsylvania Real Estate Investment Trust, a publicly traded REIT since 2020.
| Age | 48 |
| Tenure | 4 years |
| Professional Marks | MBA |
| Phone | 732 590-1010 |
| Web | www.mack-cali.com |
Mack Cali 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's management efficiency ratios could be used to measure how well Mack Cali 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 until it has trouble settling it off, either with new capital or with free cash flow. So, Mack Cali'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 to invest in growth at high rates of return. When we think about Mack Cali's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 4 records | CEO Age | ||
| Mark Bristow | Barrick Gold Corp | 61 | |
| D Bristow | Barrick Gold Corp | 61 | |
| Robert Kyncl | Warner Music Group | 53 | |
| Nolan Watson | Sandstorm Gold Ltd | 40 | |
Management Performance
| Return On Equity | -6.87 | |||
| Return On Asset | -0.05 |
Mack Cali Realty Leadership Team
Elected by the shareholders, the Mack Cali's board of directors comprises two types of representatives: Mack Cali inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mack. The board's role is to monitor Mack Cali's management team and ensure that shareholders' interests are well served. Mack Cali'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'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 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 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.
| Return On Equity | -6.87 | |||
| Return On Asset | -0.05 | |||
| Profit Margin | (13.22) % | |||
| Operating Margin | 35.40 % | |||
| Current Valuation | 4.74 B | |||
| Shares Outstanding | 90.73 M | |||
| Shares Owned By Insiders | 8.47 % | |||
| Shares Owned By Institutions | 93.05 % | |||
| Number Of Shares Shorted | 3.69 M | |||
| Price To Earning | 15.64 X |
Pair Trading with Mack Cali
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 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 will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Apartment Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apartment Investment 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 Apartment Investment - 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 Apartment Investment and to buy it.
The correlation of Apartment Investment 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 Apartment Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apartment Investment and 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 Apartment Investment 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.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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Mack 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's history and understand the potential risks before investing.
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