David Reiland - Broadwind Independent Chairman of the Board

9IRA Stock  EUR 1.73  0.16  10.19%   

Chairman

Mr. David P. Reiland is Independent Chairman of the Board of the Company, since May 17, 2010. He is Chairman of the Audit Committee and is designated as a financial expert, and is also a member of the GovernanceNominating Committee. Mr. Reiland was employed by Magnetek, Inc. from August 1986 until January 2009, where he held numerous highlevel positions, including Executive Vice President, Chief Financial Officer, Controller and Vice President of Finance, and served as Chief Executive Officer and President of Magnetek from October 2006 until October 2008. He also served on the Board of Directors of Magnetek from October 2006 to September 2015. Magnetek develops, manufactures and markets power and motion control systems and was a public company until its acquisition by Columbus McKinnon Corporation in September 2015. The GovernanceNominating Committee concluded that Mr. Reiland should serve as a director as of the date of this Proxy Statement on the basis of his extensive leadership experience and financial expertise since 2020.
Age 65
Tenure 4 years
Professional MarksMBA
Phone708 780 4800
Webhttps://www.bwen.com
Reiland is a Certified Public Accountant who holds an undergraduate degree in financial management from California State University, Long Beach, and a MBA degree from the University of Southern California.

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.
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.