Norman Edwards - Magellan Aerospace Chairman of the Board

MALJF Stock  USD 5.81  0.04  0.68%   

Chairman

Mr. Norman Murray Edwards is Chairman of the Board of Magellan Aerospace Corporationration He is a Director since 1995. He is President, Edco Financial Holdings Ltd. private consulting and management company. since 2002.
Age 58
Tenure 22 years
Phone905 677 1889
Webhttps://www.magellan.aero

Magellan Aerospace Management Efficiency

Magellan Aerospace's management efficiency ratios could be used to measure how well Magellan Aerospace manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 26.86 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Magellan Aerospace has a current ratio of 3.15, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Magellan Aerospace until it has trouble settling it off, either with new capital or with free cash flow. So, Magellan Aerospace'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 Magellan Aerospace sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magellan to invest in growth at high rates of return. When we think about Magellan Aerospace's use of debt, we should always consider it together with cash and equity.

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Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada. Magellan Aerospace operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 3400 people. Magellan Aerospace [MALJF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Magellan Aerospace Leadership Team

Elected by the shareholders, the Magellan Aerospace's board of directors comprises two types of representatives: Magellan Aerospace inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magellan. The board's role is to monitor Magellan Aerospace's management team and ensure that shareholders' interests are well served. Magellan Aerospace'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, Magellan Aerospace's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Zanatta, VP of Bus. Devel., Marketing and Contracts
Beth Bandler, Independent Director
Steven Somerville, Independent Director
Norman OC, Ex Chairman
Elena Milantoni, Vice President - Finance, Treasurer
Mark Allcock, Vice President - Information Technology
Karen YoshikiGravelsins, Vice President - Corporate Stewardship, Operational Excellence
William Davis, Independent Director
Norman Edwards, Chairman of the Board
James Butyniec, CEO and Director
William Dimma, Independent Director
Bruce Gowan, Independent Director
Larry Winegarden, VP of Corporate Strategy
Phillip Underwood, CEO and President and Director
John Dekker, CFO and Corporate Secretary
JoAnn Ball, Vice President - Human Resources
Haydn Martin, Marketing Devel
Larry Moeller, Director

Magellan Stock Performance Indicators

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Please note, there is a significant difference between Magellan Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Aerospace'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.