Joseph Abbott - Houghton Mifflin CFO, Executive Vice President

HMHCDelisted Stock  USD 21.03  0.00  0.00%   

President

Mr. Joseph P. Abbott, Jr., is a Chief Financial Officer, Executive Vice President of Houghton Mifflin Harcourt Company. From 2012 to 2016, Mr. Abbott was an Executive Director in the Media and Communications Investment Banking Group at Morgan Stanley, where he held various roles since 2005. At Morgan Stanley, Mr. Abbott led a team that advised educational publishing and information services companies on all aspects relating to mergers and acquisitions, financings and other major strategic transactions. Prior to joining Morgan Stanley, Mr. Abbott served as an officer in the United States Navy. since 2016.
Age 41
Tenure 8 years
Phone617 351-5000
Webwww.hmhco.com
Abbott holds a master’s degree in business administration from Northwestern University’s Kellogg School of Management and a bachelor’s of science degree, with merit, in systems engineering from the United States Naval Academy.

Houghton Mifflin Management Efficiency

The company has return on total asset (ROA) of 1.78 % which means that it generated a profit of $1.78 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.98 %, meaning that it created $0.98 on every $100 dollars invested by stockholders. Houghton Mifflin's management efficiency ratios could be used to measure how well Houghton Mifflin manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 452.54 M in liabilities with Debt to Equity (D/E) ratio of 1.37, which is about average as compared to similar companies. Houghton Mifflin Harcourt has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Houghton Mifflin until it has trouble settling it off, either with new capital or with free cash flow. So, Houghton Mifflin'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 Houghton Mifflin Harcourt sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Houghton to invest in growth at high rates of return. When we think about Houghton Mifflin's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Doug FieldTesla Inc
50
Leopoldo BlancoGrupo Televisa SAB
65
Patricio WillsGrupo Televisa SAB
N/A
Jon McNeillTesla Inc
48
Jose OlmoGrupo Televisa SAB
49
David HenryNETGEAR
51
Carlos RivasGrupo Televisa SAB
51
Luis OlivaresGrupo Televisa SAB
60
Bernard DucBCE Inc
46
Jean HaroGrupo Televisa SAB
53
Randy LennoxBCE Inc
N/A
Keren RubanenkoRadcom
40
Blaik KirbyBCE Inc
N/A
Martha LlanoGrupo Televisa SAB
N/A
Hilik ItmanRadcom
51
FieldTesla Inc
49
Mary TurckeBCE Inc
N/A
Manuel GilardiGrupo Televisa SAB
N/A
Craig AbrahamsPlaytika Holding Corp
47
Thomas LittleBCE Inc
N/A
Ricardo TeufferGrupo Televisa SAB
N/A
Houghton Mifflin Harcourt Company, a learning technology company, provides curriculum, supplemental, intervention solutions, and professional learning services worldwide. Houghton Mifflin Harcourt Company was founded in 1832 and is headquartered in Boston, Massachusetts. Houghton Mifflin operates under Education Training Services classification in the United States and is traded on NASDAQ Exchange. It employs 2300 people. Houghton Mifflin Harcourt (HMHC) is traded on NASDAQ Exchange in USA and employs 2,300 people.

Management Performance

Houghton Mifflin Harcourt Leadership Team

Elected by the shareholders, the Houghton Mifflin's board of directors comprises two types of representatives: Houghton Mifflin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Houghton. The board's role is to monitor Houghton Mifflin's management team and ensure that shareholders' interests are well served. Houghton Mifflin'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, Houghton Mifflin's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Lynch, President CEO, Director
John McKernan, Independent Director
James ONeill, Executive Vice President and General Manager, Core Solutions
Jean Desravines, Independent Director
John Killian, Independent Director
Brook Colangelo, CTO and Executive VP
Amy Dunkin, Senior Vice President Chief Marketing Officer
Eric Shuman, CFO, Executive Vice President
Lee Ramsayer, Executive VP of US Sales
Rogers Novak, Independent Director
Joseph Abbott, CFO, Executive Vice President
Ellen Archer, President - Houghton Mifflin Harcourt Trade Publishing
Daniel Allen, Independent Director
Alejandro Reyes, Senior Vice President Chief People Officer
John Dragoon, Executive Vice President Chief Marketing Officer
Tracey Weber, Director
Bridgett Paradise, Chief People Officer and Executive VP of HR
Rosamund ElseMitchell, Executive Vice President Chief Learning Officer
William Bayers, Executive Vice President General Counsel, Secretary
Jill Greenthal, Independent Director
Mary Cullinane, Chief Content Officer and Executive VP of Corporate Affairs
Brian Shipman, Senior Vice President Head of Investor Relations
Linda Zecher, CEO and President and Director
Gordon Crovitz, Independent Director
Rima Hyder, Vice President Investor Relations
Timothy Cannon, Executive Vice President - HMH International and Global Strategic Alliances
Brian Napack, Director
Lawrence Fish, Independent Chairman of the Board
Matthew Fields, Executive Vice President and General Manager, Supplemental and Intervention Solutions

Houghton 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 Houghton Mifflin 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Risk vs Return Analysis 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 rate.
Note that the Houghton Mifflin Harcourt information on this page should be used as a complementary analysis to other Houghton Mifflin'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Houghton Stock

If you are still planning to invest in Houghton Mifflin Harcourt 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 Houghton Mifflin's history and understand the potential risks before investing.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities