Hugh Frater - VEREIT Independent Non-Executive Chairman of the Board
Chairman
Mr. Hugh R. Frater is the NonExecutive Independent Chairman of the Board of the Company. Mr. Frater previously served on the Boards Audit Committee and Nominating and Corporationrationrate Governance Committee from April 2015 to September 2015. From April 2014 until his retirement in December 2015, Mr. Frater served as Chairman of Berkadia Commercial Mortgage LLC, an industryleading commercial real estate company that is owned 50 percent by Berkshire Hathaway Inc. and 50 percent by Leucadia National Corporationrationration, which provides comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Mr. Frater formerly served as Berkadias Chief Executive Officer from August 2010 until April 2014. From November 2007 until June 2010, Mr. Frater was the Chief Operating Officer at Good Energies, Inc. and from February 2004 until May 2007, Mr. Frater was Executive Vice President at PNC Financial Services, where he led the real estate division. From August 1988 until February 2004, he was a Founding Partner and Managing Director of BlackRock, Inc., the largest global investment manager, where he also led the real estate practice. Mr. Frater has served on the Board of Directors of the Federal National Mortgage Association since January 2016, serving on the risk and audit committees. He has also served on the Real Estate Advisory Board at the Columbia University Graduate School of Business since 2004 and on its Board of Overseers since 2015 since 2015.
| Age | 64 |
| Tenure | 9 years |
| Professional Marks | MBA |
| Phone | 800 606-3610 |
| Web | www.ir.vereit.com |
VEREIT Management Efficiency
The company has Return on Asset of 2.62 % which means that on every $100 spent on assets, it made $2.62 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 3.84 %, implying that it generated $3.84 on every 100 dollars invested. VEREIT's management efficiency ratios could be used to measure how well VEREIT manages its routine affairs as well as how well it operates its assets and liabilities.The company has 5.79 B in debt with debt to equity (D/E) ratio of 0.86, which is OK given its current industry classification. VEREIT Inc has a current ratio of 2.73, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist VEREIT until it has trouble settling it off, either with new capital or with free cash flow. So, VEREIT'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 VEREIT Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for VEREIT to invest in growth at high rates of return. When we think about VEREIT's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 3.84 | |||
| Return On Asset | 2.62 |
VEREIT Inc Leadership Team
Elected by the shareholders, the VEREIT's board of directors comprises two types of representatives: VEREIT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VEREIT. The board's role is to monitor VEREIT's management team and ensure that shareholders' interests are well served. VEREIT'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, VEREIT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Julie Richardson, Independent Director | ||
| Glenn Rufrano, Chief Executive Officer, Director | ||
| Mary Preusse, Independent Director | ||
| David Henry, Independent Director | ||
| Thomas Roberts, Chief Investment Officer, Executive Vice President | ||
| Hugh Frater, Independent Non-Executive Chairman of the Board | ||
| Michael Bartolotta, Chief Financial Officer, Executive Vice President | ||
| Gavin Brandon, Chief Accounting Officer and Sr. VP | ||
| Richard Lieb, Independent Director | ||
| Priscilla Almodovar, Independent Director | ||
| Susan Skerritt, Independent Director | ||
| Mark Ordan, Independent Director | ||
| Paul McDowell, Chief Operating Officer, Executive Vice President | ||
| William Miller, Executive Vice President - Investment Management; President and CEO of Cole Capital | ||
| Bruce Frank, Independent Director | ||
| Eugene Pinover, Independent Director | ||
| Lauren Goldberg, Executive Vice President General Counsel, Secretary |
VEREIT 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 VEREIT 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.
| Return On Equity | 3.84 | |||
| Return On Asset | 2.62 | |||
| Profit Margin | 22.00 % | |||
| Operating Margin | 84.65 % | |||
| Current Valuation | 17.01 B | |||
| Shares Outstanding | 229.13 M | |||
| Shares Owned By Insiders | 0.39 % | |||
| Shares Owned By Institutions | 95.45 % | |||
| Number Of Shares Shorted | 9.9 M | |||
| Price To Earning | 57.96 X |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the VEREIT Inc information on this page should be used as a complementary analysis to other VEREIT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in VEREIT Stock
If you are still planning to invest in VEREIT Inc 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 VEREIT's history and understand the potential risks before investing.
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