Edward Pettinella - Manning Napier Lead Independent Director

MNDelisted Stock  USD 12.85  0.00  0.00%   

Director

Mr. Edward J. Pettinella serves as an Independent Director of Manning Napier, Inc since November 2011. MrPettinella joined our Board of Directors in November 2011. From January 2004 through October 2015, Mr. Pettinella served as President, CEO and Director of Home Properties, Inc., a 7.6 billion real estate investment trust which was traded on the NYSE and acquired, developed and operated apartment communities in the Northeast and MidAtlantic markets. Mr. Pettinella also served as Executive Vice President of Home Properties from 2001 to January 2004. Home Properties was purchased by Lone Star Funds in fall 2015. Prior to joining Home Properties in 2001, Mr. Pettinella served as President of Charter One Bank of New York and Executive Vice President of Charter One Financial, Inc. In addition, he held several management positions for Rochester Community Savings Bank, including Chief Operating Officer, Chief Financial Officer and Chief Investment Officer. Previously he worked in the Treasurers Office at Ford Motor Credit headquartered in Dearborn, Michigan. Mr. Pettinella serves on the Board of Directors of Life Storage, Inc., a publicly traded real estate investment trust. He is also a member of the Syracuse University Board of Trustees, where he is an Executive Committee Member and serves as Chair of the Budget Committee. Additionally, he is on the Board of Directors of the Rochester Chamber of Commerce and was previously on the National Multi Housing Council, the Board of Governors of the National Association of Real Estate Investment Trusts and was a counsel member of the Urban Land Institute. He is a graduate of the SUNY Geneseo and holds an M.B.A. in Finance from Syracuse University since 2020.
Age 68
Tenure 4 years
Phone585 325-6880
Webwww.manning-napier.com
Pettinella’s qualifications to serve on our Board of Directors include his extensive, broadbased experience in the banking industry, including a multibillion dollar financial services company.

Manning Napier Management Efficiency

The company has Return on Asset (ROA) of 12.59 % which means that for every $100 of assets, it generated a profit of $12.59. This is typical in the industry. Likewise, it shows a return on total equity (ROE) of 20.79 %, which means that it produced $20.79 on every 100 dollars invested by current stockholders. Manning Napier's management efficiency ratios could be used to measure how well Manning Napier manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 14.84 M of total liabilities with total debt to equity ratio (D/E) of 0.16, which may suggest the company is not taking enough advantage from financial leverage. Manning Napier has a current ratio of 2.9, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Manning Napier until it has trouble settling it off, either with new capital or with free cash flow. So, Manning Napier'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 Manning Napier sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Manning to invest in growth at high rates of return. When we think about Manning Napier's use of debt, we should always consider it together with cash and equity.

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Manning Napier, Inc. is publicly owned investment manager. Manning Napier, Inc. was founded in 1970 and is based in Fairport, New York with additional offices in Dublin, Ohio St. Manning Napier operates under Asset Management classification in the United States and is traded on NYQ Exchange. It employs 275 people. Manning Napier (MN) is traded on New York Stock Exchange in USA and employs 275 people.

Management Performance

Manning Napier Leadership Team

Elected by the shareholders, the Manning Napier's board of directors comprises two types of representatives: Manning Napier inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Manning. The board's role is to monitor Manning Napier's management team and ensure that shareholders' interests are well served. Manning Napier'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, Manning Napier's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth Marvald, Independent Director
William Manning, Co-Founder and Chairman
Christopher Briley, Chief Technology Officer
Nicole Brunner, Chief Marketing Officer
Greg Woodard, Managing Director - Wealth Management
Robert Kopech, Independent Director
Antony Desorbo, Managing Director, Regional Sales
Jeffrey Coons, President
Beth Galusha, Principal Financial Officer
Edward Pettinella, Lead Independent Director
Richard Hurwitz, Independent Director
Joel Domino, Director
Patrick Cunningham, CEO and Director
Charles Stamey, Managing Director of Sales and Distribution
Scott Morabito, Managing Director - Client Service and Business Operations
Richard Barrington, Independent Director
Richard Yates, Secretary, Chief Legal Officer
Ebrahim Busheri, Director - Investments
James Mikolaichik, CFO
Chris Briley, CTO
Geoffrey Rosenberger, Independent Director
Thomas Anderson, Managing Director, Intermediary Distribution, Manning & Napier Advisors
Barbara Goodstein, Independent Director
Aaron McGreevy, Managing Director - Institutional & Intermediary Sales
Marc Mayer, Chairman of the Board, Chief Executive Officer
Marc Tommasi, Chief Investment Strategist
Robert Zak, Independent Director
Paul Battaglia, Chief Financial Officer
Christian Andreach, Co-Head of Global Equities
Stacey Green, Head - Human Resources
Edward George, Independent Director
Sarah Turner, General Counsel, Corporate Secretary
Richard Goldberg, Director

Manning 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 Manning Napier 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 Manning Napier 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, Manning Napier's short interest history, or implied volatility extrapolated from Manning Napier options trading.

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Other Consideration for investing in Manning Stock

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