Charlie Chase - FirstService Corp CEO

FSV Stock  CAD 198.47  2.47  1.26%   

CEO

Mr. Charlie E. Chase is President and Chief Executive Officer of FirstService Brands of FirstService Brands subsidiary of the Company. Prior to his role as CEO, Mr. Chase served as the President of the Consumer Franchises of The Franchise Company and prior to that he was CEO of CertaPro Group. Throughout his 30 years with FirstService Brands he has held numerous roles, starting as a Franchise owner in 1982 at College Pro Painters. Believing that there was an opportunity to create a successful and significant full time painting company, in 1992 he became the founding President of CertaPro Painters. since 2010.
Age 63
Tenure 14 years
Address 1255 Bay Street, Toronto, ON, Canada, M5R 2A9
Phone416-960-9566
Webhttps://www.firstservice.com

FirstService Corp Management Efficiency

The company has return on total asset (ROA) of 0.0498 % which means that it generated a profit of $0.0498 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1082 %, meaning that it generated $0.1082 on every $100 dollars invested by stockholders. FirstService Corp's management efficiency ratios could be used to measure how well FirstService Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of May 2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.03. At this time, FirstService Corp's Fixed Asset Turnover is very stable compared to the past year. As of the 28th of May 2024, Asset Turnover is likely to grow to 1.82, while Non Currrent Assets Other are likely to drop about 16.2 M.
The company has accumulated 37.13 M in total debt with debt to equity ratio (D/E) of 0.92, which is about average as compared to similar companies. FirstService Corp has a current ratio of 1.54, which is within standard range for the sector. Debt can assist FirstService Corp until it has trouble settling it off, either with new capital or with free cash flow. So, FirstService 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 FirstService Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FirstService to invest in growth at high rates of return. When we think about FirstService Corp's use of debt, we should always consider it together with cash and equity.

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CEO Age

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Mark KenneyCanadian Apartment Properties
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FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. FirstService Corporation was founded in 1988 and is headquartered in Toronto, Canada. FIRSTSERVICE CORPORATION operates under Real Estate Services classification in Canada and is traded on Toronto Stock Exchange. It employs 24000 people. FirstService Corp (FSV) is traded on Toronto Exchange in Canada and employs 29,000 people. FirstService Corp is listed under Real Estate Management & Development category by Fama And French industry classification.

Management Performance

FirstService Corp Leadership Team

Elected by the shareholders, the FirstService Corp's board of directors comprises two types of representatives: FirstService Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FirstService. The board's role is to monitor FirstService Corp's management team and ensure that shareholders' interests are well served. FirstService 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, FirstService Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bernard Ghert, Lead Independent Director
Charles Fallon, Chief Executive Officer of FirstService Residential
Michael Stein, Independent Director
Erin Wallace, Independent Director
Roger Thompson, Vice President - Strategy and Sustainability
Frederick Reichheld, Independent Director
Mark Hopkins, Pres Ontario
Brendan Calder, Independent Director
Steve Carpenter, Sustainability Technology
Sarah Alberts, Director Ontario
Joan Sproul, Independent Director
D Patterson, President, Chief Executive Officer, Director
Alex Nguyen, Senior Vice President - Strategy and Corporate Development
Scott Patterson, CEO and President and Director
Patrick Tran, Senior Tax
Douglas Cooke, Senior Vice President, Corporate Controller, Corporate Secretary
Charlie Chase, President and Chief Executive Officer of FirstService Brands
Jay CM, Founder Chairman
Jeremy Rakusin, Chief Financial Officer
David Diestel, Chief Residential
Jay Hennick, Chairman of the Board, Founder

FirstService 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 FirstService 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.

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When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstService Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in FirstService Stock, please use our How to Invest in FirstService Corp guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.