Steven Somerville - Magellan Aerospace Independent Director

MALJF Stock  USD 5.85  0.01  0.17%   

Director

Mr. Steven Somerville is Independent Director of Magellan Aerospace Corporationrationration. Mr. Somerville was appointed President of Kerr Industries Limited on February 22, 2016, a private vehicle equipment installation company. He was CoPresident at Spectrum Capital Partners Inc., a private equity investment company from 2012 to 2016. Prior to establishing Spectrum Capital Partners Inc., he was President of Bank of Montreal Capital Corporation from 2001 to 2012 where he was responsible for leading a team of professionals in providing junior capital, including subordinated debenture, mezzanine financing and minority equity investments to midmarket companies across Canada. Mr. Somerville chaired BMOCs Management Committee and Investment Committee. He also led Bank of Montreals Mergers and Acquisitions team from 2001 to 2012. Prior to Bank of Montreal, he was a managing director at Canadian Imperial Bank of Commerces Mergers and Acquisitions group from 1996 to 2001 since 2013.
Tenure 11 years
Professional MarksMBA
Phone905 677 1889
Webhttps://www.magellan.aero
Somerville holds both a Bachelor of Arts and MBA with distinction from the Ivey School of Business, University of Western Ontario. He is also an ICD.D.

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.

Similar Executives

Showing other executives

DIRECTOR Age

Gwang ChoiWoori Financial Group
N/A
Pahala MansuryBank Mandiri Persero
43
Zulhelfi AbidinPT Bank Rakyat
53
Vera LimBank Central Asia
57
Hirakawa YukiShinhan Financial Group
59
Darmawan JunaidiBank Mandiri Persero
57
Gyeong KimKB Financial Group
65
Geon HwangKB Financial Group
63
Sang ParkWoori Financial Group
69
Eugene GalbraithPT Bank Central
65
Haru KoesmahargyoPT Bank Rakyat
52
Kartini SallyBank Mandiri Persero
51
Hui ChaeWoori Financial Group
52
Mohammad IrfanBank Rakyat
59
Booin KoShinhan Financial Group
73
Jungil LeeShinhan Financial Group
65
Chang BaekWoori Financial Group
64
Dadang SetiabudiBank Negara Indonesia
56
Kartika WirjoatmodjoBank Mandiri Persero
45
Seong ShinKB Financial Group
51
Tae GwonShinhan Financial Group
73
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

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Magellan Aerospace 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 Magellan Aerospace 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, Magellan Aerospace's short interest history, or implied volatility extrapolated from Magellan Aerospace options trading.

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magellan Aerospace. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Magellan Pink Sheet analysis

When running Magellan Aerospace's price analysis, check to measure Magellan Aerospace's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Money Managers
Screen money managers from public funds and ETFs managed around the world
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Stocks Directory
Find actively traded stocks across global markets
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.