Cody Phipps - Owens Minor President CEO, Director

OMI Stock  USD 27.71  0.24  0.86%   

CEO

Mr. P. Cody Phipps serves as Chairman of the Board, President, Chief Executive Officer of Owens Minor, Inc. He served as President Chief Executive Officer of Essendant, Inc. from 2011 to 2015. He served as Essendants President from 2006 to 2011 and as Senior Vice President, Operations from 2003 to 2006. Previously, he was a Partner at McKinsey Company, Inc., where he cofounded and led its Service Strategy and Operations Initiative, which focused on driving operational improvements in complex service and logistics environments. During his tenure at McKinsey, Mr. Phipps provided consulting services to a range of corporate clients across a diverse set of industries, including retail, manufacturing and healthcare. He formerly served on the board of directors of Conway, Inc. and currently serves on the board of directors of R.R. Donnelley Sons Company. Mr. Phipps was a director of the Company since 2015. since 2017.
Age 55
Tenure 7 years
Phone804 723 7000
Webhttps://www.owens-minor.com
Phipps was appointed a director of the Company effective July 1, 2015. The Board of Directors has nominated Mr. Phipps to serve as a director of the Company based upon his unique ability as Chief Executive Officer to communicate to and inform the Board about the Company’s daytoday operations, implementation of strategic initiatives, and industry developments. The Board believes that Mr. Phipps brings an invaluable perspective on the Company’s current operations and ongoing relationships with customers and suppliers. He holds a MBA degree in Finance and Operations from the University of Chicago Graduate School of Business and a Bachelor degree in Mechanical Engineering from The Ohio State University.

Owens Minor Management Efficiency

The company has Return on Asset of 0.0261 % which means that on every $100 spent on assets, it made $0.0261 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0442) %, meaning that it generated no profit with money invested by stockholders. Owens Minor's management efficiency ratios could be used to measure how well Owens Minor manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.32 B in debt with debt to equity (D/E) ratio of 2.99, meaning that the company heavily relies on borrowing funds for operations. Owens Minor has a current ratio of 1.52, which is typical for the industry and considered as normal. Debt can assist Owens Minor until it has trouble settling it off, either with new capital or with free cash flow. So, Owens Minor'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 Owens Minor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Owens to invest in growth at high rates of return. When we think about Owens Minor's use of debt, we should always consider it together with cash and equity.

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Owens Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. The company was founded in 1882 and is headquartered in Richmond, Virginia. Owens Minor operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. It employs 17300 people. Owens Minor (OMI) is traded on New York Stock Exchange in USA. It is located in 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 and employs 22,200 people. Owens Minor is listed under Wholesale category by Fama And French industry classification.

Management Performance

Owens Minor Leadership Team

Elected by the shareholders, the Owens Minor's board of directors comprises two types of representatives: Owens Minor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Owens. The board's role is to monitor Owens Minor's management team and ensure that shareholders' interests are well served. Owens Minor'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, Owens Minor's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christopher Lowery, President - Global Products
Lemuel Lewis, Independent Director
Jeffrey Jochims, Executive Vice President, Chief Operating Officer, President - Products and Healthcare Services
Tammy Gomez, Ex Officer
Jay Romans, Senior Vice President - Human Resources
Stephen Olive, Senior Vice President CIO
Michael Riordan, Independent Director
Stephen Klemash, Independent Director
Edward Pesicka, President, Chief Executive Officer, Director
Truitt Allcott, Other, Director, Media Relations
Geoffrey Marlatt, Senior Vice President - Manufacturing Services
Robert Henkel, Independent Director
Gwendolyn Bingham, Independent Director
James Rogers, Lead Independent Director
DTodd Healy, Senior Vice President-Service Provider
Marshall Simpson, Executive Vice President & Chief Commercial Officer
Stuart MorrisHipkins, President Global Solutions
Rony Kordahi, Executive Vice President North American Operations
Erika Davis, Senior Vice President, Chief Administrative Officer
Barbara Hill, Independent Director
Kenneth Smith, Independent Director
Andrew Long, Chief Financial Officer, Executive Vice President
Daniel Starck, Executive Excellence
John Gerdelman, Independent Director
Chuck Graves, Director - Finance & Investor Relations
Martha Marsh, Director
Robert Sledd, Independent Chairman of the Board
Jonathan Leon, Senior Vice President Corporate Treasurer
Eddie Moore, Independent Director
David Myers, Senior Vice President Chief Procurement Officer
Mark Beck, Independent Chairman of the Board
Mark McGettrick, Independent Director
Alex CPA, Director Relations
Craig Smith, Executive Chairman, Chairman of Executive Committee and Member of Strategic Planning Committee
Shana Neal, Chief Human Resource Officer, Executive Vice President
Robert Snead, Chief Financial Officer, Executive Vice President
Aster Angagaw, Independent Director
Trudi Allcott, Director Relations
Charles Colpo, Senior Vice President - Strategic Supplier Management
Michael Lowry, Interim Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Corporate Controller
Richard Meier, CFO, Executive VP and President of International
Grace Hartog, Sr. VP, General Counsel and Corporate Secretary
Alexander Bruni, Executive CFO
Stuart Essig, Director
David Simmons, Director
Anne Whittemore, Lead Independent Director
Joseph Pekala, Senior Vice President, Chief Information Officer
Mark Zacur, Executive Vice President, Chief Commercial Officer
Richard Mears, Senior Vice President CIO
Heath Galloway, General VP
Kenny Gardner, Director
Cody Phipps, President CEO, Director
Nicholas II, Gen VP
Nicholas Pace, Executive Vice President, General Counsel, Corporate Secretary
Perry Bernocchi, Executive Segment

Owens 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 Owens Minor 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 Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:
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When running Owens Minor's price analysis, check to measure Owens Minor'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 Owens Minor is operating at the current time. Most of Owens Minor's value examination focuses on studying past and present price action to predict the probability of Owens Minor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Minor's price. Additionally, you may evaluate how the addition of Owens Minor to your portfolios can decrease your overall portfolio volatility.
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Is Owens Minor'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 Owens Minor. If investors know Owens 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 Owens Minor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.