Erik Gershwind - MSC Industrial President, Chief Executive Officer, Director

MSM Stock  USD 91.66  0.56  0.61%   

CEO

Mr. Erik Gershwind is President, Chief Executive Officer, Director of the Company. from October 2009 to October 2011, Mr. Gershwind was appointed our President and Chief Executive Officer in January 2013. From October 2009 to October 2011, Mr. Gershwind served as our Executive Vice President and Chief Operating Officer and from October 2011 to January 2013, he served as our President and Chief Operating Officer. Mr. Gershwind was elected by the Board to serve as a director in October 2010. Previously, Mr. Gershwind served as our Senior Vice President, Product Management and Marketing from December 2005 and our Vice President of Product Management from April 2005. From August 2004 to April 2005, Mr. Gershwind served as Vice President of MRO and Inventory Management. Mr. Gershwind has held various positions of increasing responsibility in Product, eCommerce and Marketing. Mr. Gershwind joined the company in 1996 as manager of our acquisition integration initiative. Mr. Gershwind has held senior management positions responsible for key business functions of the company and is a key contributor to our current strategy and success. In addition, as our Chief Executive Officer, he brings critical perspectives to our Board on our strategic direction and growth strategy. Mr. Gershwind is the nephew of Mitchell Jacobson, our Nonexecutive Chairman of the Board, and the son of Marjorie Gershwind Fiverson, Mr. Jacobsons sister since 2013.
Age 53
Tenure 11 years
Address 515 Broadhollow Road, Melville, NY, United States, 11747
Phone516 812 2000
Webhttps://www.mscdirect.com

Latest Insider Transactions

2024-01-18Disposed of 15000 shares @ 96.15View
2024-01-16Disposed of 7500 shares @ 96View
2023-11-03Disposed of 13599 shares @ 97.91View
Jacobson and Ms. Gershwind Fiverson are also our principal shareholders. There are no other family relationships among any of our directors or executive officers.

MSC Industrial Management Efficiency

The company has Return on Asset of 0.114 % which means that on every $100 spent on assets, it made $0.114 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2208 %, implying that it generated $0.2208 on every 100 dollars invested. MSC Industrial's management efficiency ratios could be used to measure how well MSC Industrial manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to drop to 0.13. In addition to that, Return On Capital Employed is likely to drop to 0.18. At this time, MSC Industrial's Non Current Assets Total are very stable compared to the past year. As of the 18th of April 2024, Non Currrent Assets Other is likely to grow to about 13.9 M, while Total Current Assets are likely to drop about 818.1 M.
The company has 521.42 M in debt with debt to equity (D/E) ratio of 0.63, which is OK given its current industry classification. MSC Industrial Direct has a current ratio of 2.09, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist MSC Industrial until it has trouble settling it off, either with new capital or with free cash flow. So, MSC Industrial'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 MSC Industrial Direct sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MSC to invest in growth at high rates of return. When we think about MSC Industrial's use of debt, we should always consider it together with cash and equity.

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MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations products and services in the United States, Canada, Mexico, and the United Kingdom. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York. Msc Industrial operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6765 people. MSC Industrial Direct (MSM) is traded on New York Stock Exchange in USA. It is located in 515 Broadhollow Road, Melville, NY, United States, 11747 and employs 7,000 people. MSC Industrial is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

MSC Industrial Direct Leadership Team

Elected by the shareholders, the MSC Industrial's board of directors comprises two types of representatives: MSC Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MSC. The board's role is to monitor MSC Industrial's management team and ensure that shareholders' interests are well served. MSC Industrial'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, MSC Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Neal Dongre, General VP
Gregory Clark, Vice President
Kim Shacklett, VP Success
Gregory Polli, Senior Vice President, Supplier Enablement
Philip Peller, Lead Director, Chairman of Audit Committee, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee
Steven Paladino, Non-Executive Independent Director
Michael Kaufmann, Non-Executive Independent Director
Charles Bonomo, Senior Vice President, Chief Information Officer
Roger Fradin, Director, Member of Audit Committee, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee
Rustom Jilla, Chief Financial Officer, Executive Vice President
Paul Mason, Director Communications
Kimberly Shacklett, Senior Success
David Sandler, Executive Vice Chairman
Christopher Davanzo, Senior Vice President - Finance, Corporate Controller
John Chironna, Vice President - Investor Relations, Treasurer
David Wright, Senior Vice President Sales
Douglas Jones, Executive Vice President, Chief Supply Chain Officer
Edward Martin, Senior Vice President Sales & Customer Success
Kari Heerdt, Senior Vice President, New Business Innovation & Transformation
Kristen ActisGrande, Chief Financial Officer, Executive Vice President
Denis Kelly, Independent Director
Elizabeth Bledsoe, Senior Vice President and Chief People Officer
Ryan CFA, Head Relations
Steven Armstrong, Senior Vice President, General Counsel, Corporate Secretary
Rudina Seseri, Non-Executive Independent Director
Erik Gershwind, President, Chief Executive Officer, Director
Mitchell Jacobson, Non-Executive Chairman of the Board
Steven Baruch, Executive Vice President, Chief Strategy and Marketing Officer
Greg Clark, Vice President of Finance and Corporate Controller
Martina McIsaac, Executive COO
Jonathan Byrnes, Director, Member of Audit Committee, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee
John Hill, Senior Officer
Louise Goeser, Independent Director

MSC 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 MSC Industrial 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 MSC Industrial Direct is a strong investment it is important to analyze MSC Industrial'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 MSC Industrial's future performance. For an informed investment choice regarding MSC Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSC Industrial Direct. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for MSC Stock analysis

When running MSC Industrial's price analysis, check to measure MSC Industrial'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 MSC Industrial is operating at the current time. Most of MSC Industrial's value examination focuses on studying past and present price action to predict the probability of MSC Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MSC Industrial's price. Additionally, you may evaluate how the addition of MSC Industrial to your portfolios can decrease your overall portfolio volatility.
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Is MSC Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MSC Industrial. If investors know MSC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MSC Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Dividend Share
3.28
Earnings Share
5.57
Revenue Per Share
70.85
Quarterly Revenue Growth
(0.03)
The market value of MSC Industrial Direct is measured differently than its book value, which is the value of MSC that is recorded on the company's balance sheet. Investors also form their own opinion of MSC Industrial's value that differs from its market value or its book value, called intrinsic value, which is MSC Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MSC Industrial's market value can be influenced by many factors that don't directly affect MSC Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MSC Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSC Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSC Industrial'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.