Richard Colella - Firstmerit Corp Independent Director

Director

Mr. Richard Colella is Independent Director of FirstMerit Corporation since 1998 and is a member of the Companys Risk Management Committee. Mr. Colella is the Managing Partner of the law firm of Colella Weir P.L.L. Lorain Ohio. The Corporationrationrate Governance and Nominating Committee believes that the attributes skills and qualifications Mr. Colella has developed through his education and experiences in the legal field generally and in the northeast Ohio business market as well as his knowledge and experience as a director of FirstMerit allow him to provide continued legal and local business expertise to the Board of Directors and has nominated him for reelection. since 1998.
Age 78
Tenure 26 years
Phone330 996-6000
Webwww.firstmerit.com

Firstmerit Corp Management Efficiency

The company has return on total asset (ROA) of 0.81 % which means that it generated a profit of $0.81 on every $100 spent on assets. This is way below average. Firstmerit Corp's management efficiency ratios could be used to measure how well Firstmerit Corp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.12 B in liabilities with Debt to Equity (D/E) ratio of 7.68, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Firstmerit Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Firstmerit Corp'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 Firstmerit Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Firstmerit to invest in growth at high rates of return. When we think about Firstmerit Corp's use of debt, we should always consider it together with cash and equity.

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FirstMerit Corporationration operates as the bank holding company for FirstMerit Bank N.A. Firstmerit Corp (FMER) is traded on NASDAQ Exchange in USA and employs 3,844 people.

Management Performance

Firstmerit Corp Leadership Team

Elected by the shareholders, the Firstmerit Corp's board of directors comprises two types of representatives: Firstmerit Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Firstmerit. The board's role is to monitor Firstmerit Corp's management team and ensure that shareholders' interests are well served. Firstmerit Corp'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, Firstmerit Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Greig, Chairman, CEO and President Member of Executive Committee, Chairman of Firstmerit Bank N.A., CEO of Firstmerit Bank N.A. and President of Firstmerit Bank N.A.
Terry Haines, Independent Director
Karen Belden, Independent Director
David Goodall, Vice Chairman and Chief Commercial Banking Officer
Matthew Majernik, Executive Vice President Deputy Chief Human Resources Officer
Richard Colella, Independent Director
Steven Baer, Independent Director
William Richgels, Chief Credit Officer and Sr. Executive VP
Terrence Bichsel, CFO and Sr. Executive VP
Judith Steiner, Executive Vice President Chief Risk Officer
Mark Quinlan, Executive Vice President CIO
Michael Robinson, Executive Vice President - Wealth Management Services
Robert Briggs, Independent Director
Carlton Langer, Senior Vice President Chief Legal Officer and Corporate Secretary
Philip Lloyd, Independent Director
Brian Williams, Executive Vice President Chief Risk Officer
Thomas OMalley, IR Contact Officer
Nancy Worman, Executive Vice President Chief Accounting Officer
Lizabeth Ardisana, Independent Director
Christopher Maurer, Chief Human Resource Officer, Executive Vice President
John Blickle, Independent Director
Clifford Isroff, Lead Independent Director
Mark DuHamel, Executive Vice President Treasurer, Corporate Development Officer
Cary Blair, Independent Director
Russ Strobel, Independent Director
James Brocklehurst, Executive Vice President - Retail
Gina France, Independent Director
Robert Cubbin, Independent Director
Michael Hochschwender, Independent Director

Firstmerit 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 Firstmerit Corp 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 Firstmerit Corp 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, Firstmerit Corp's short interest history, or implied volatility extrapolated from Firstmerit Corp options trading.

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Note that the Firstmerit Corp information on this page should be used as a complementary analysis to other Firstmerit Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Firstmerit Stock

If you are still planning to invest in Firstmerit Corp 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 Firstmerit Corp's history and understand the potential risks before investing.
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