Cary Wood - Broadwind Lead Independent Director

9IRA Stock  EUR 1.57  0.04  2.48%   

Director

Mr. Cary B. Wood is an Independent Director of the Company. Mr. Wood is the President and CEO of Angelica Corporationrationration, a privately sponsored company, and leading provider of textiles to the healthcare industry. Mr. Wood has served on the Board of Directors of Vishay Precision Group, Inc., an internationallyrecognized designer, manufacturer and marketer of resistive foil technology, sensors and sensorbased systems to niche industrial applications, since March 2016, and will continue until his term expires in May 2018. Mr. Wood is also a member of the Board of Directors of Westell Corporation and sits on the Compensation and Audit Committee where he was deemed a financial expert in Westell disclosures. Mr. Wood also serves on the Board of Directors of MG Duravent, Inc., a privatelyheld venting systems firm, since January 2017. He served as Chief Executive Officer and director of Sparton Corporation from November 2008 to February 2016, and as its President from April 2009 to February 2016. From August 2004 to November 2008, Mr. Wood served in several roles, including interim Chief Executive Officer and Chief Operating Officer, for Citation Corporation, a private company manufacturing cast, machined and assembled components for the transportation and industrial markets. He began his career with General Motors Corporationrationration, followed by a move to United Technologies Corporationrationration, where he served in a variety of general management, operations and engineering roles since 2020.
Age 52
Tenure 4 years
Professional MarksMBA
Phone708 780 4800
Webhttps://www.bwen.com
Wood received a BS degree in Technology from Purdue University in 1989, a MS degree in Industrial Operations in the School of Management from Lawrence Technological University in 1995, and a MBA degree in Finance from Loyola UniversityChicago in 2014.

Broadwind Management Efficiency

The company has return on total asset (ROA) of (0.0441) % which means that it has lost $0.0441 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2074) %, meaning that it generated substantial loss on money invested by shareholders. Broadwind's management efficiency ratios could be used to measure how well Broadwind manages its routine affairs as well as how well it operates its assets and liabilities.
Broadwind has accumulated 177 K in total debt with debt to equity ratio (D/E) of 0.55, which is about average as compared to similar companies. Broadwind has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Broadwind until it has trouble settling it off, either with new capital or with free cash flow. So, Broadwind'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 Broadwind sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadwind to invest in growth at high rates of return. When we think about Broadwind's use of debt, we should always consider it together with cash and equity.

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Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. BROADWIND INC operates under Specialty Industrial Machinery classification in Germany and is traded on Frankfurt Stock Exchange. It employs 512 people. Broadwind (9IRA) is traded on Frankfurt Exchange in Germany and employs 493 people.

Management Performance

Broadwind Leadership Team

Elected by the shareholders, the Broadwind's board of directors comprises two types of representatives: Broadwind inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Broadwind. The board's role is to monitor Broadwind's management team and ensure that shareholders' interests are well served. Broadwind'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, Broadwind's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joni Konstantelos, Director Communications
Ashwini Rao, Chief Officer
Erik Jensen, Vice President and Chief Human Capital Officer
Hayes Kennedy, Chief VP
Phil Christman, Independent Director
Terence Fox, Independent Director
Thomas Wagner, Independent Director
Thomas Ciccone, CFO VP
Gilbert Mayo, President - Broadwind Industrial Solutions, LLC
Eric Blashford, President, Chief Executive Officer, Chief Operating Officer
Philip Christman, Independent Director
David Reiland, Independent Chairman of the Board
Cary Wood, Lead Independent Director
Michael Stegelmann, Managing Europe
Arlene McKenzie, Co Sec
Daniel Schueller, President - Broadwind Heavy Fabrications, Inc
Wayne Hanna, President - Brad Foote Gear Works, Inc
Jason Bonfigt, Chief Financial Officer, Principal Accounting Officer, Vice President, Treasurer
Stephanie Kushner, President CEO, Director

Broadwind 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 Broadwind 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Broadwind Stock

Broadwind financial ratios help investors to determine whether Broadwind Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Broadwind with respect to the benefits of owning Broadwind security.