Michael Rousseau - Air Canada CFO and Executive VP
| ACDVF Stock | | | USD 14.11 0.15 1.05% |
CFO
Mr. Michael Stewart Rousseau is Chief Financial Officer, Executive Vice President of Air Canada. He was appointed Executive Vice President and Chief Financial Officer in October, 2007. In this role, he is responsible for Air Canada overall financial strategic direction, including all aspects of financial reporting and planning, investor relations, treasury and controller operations, taxation, pension administration and internal audit, as well as procurement and corporate real estate. Michael brings to Air Canada extensive senior executive experience from the consumer business sector. He most recently held executive positions including those of President, and before that Executive VicePresident and CFO with Canada largest diversified general merchandise retailer, Hudson Bay Company . While at HBC, he developed a comprehensive investor relations program, introduced an enhanced external and internal financial reporting process and improved the costeffectiveness of the organization. Prior to Joining HBC in 2001, he held senior executive financial positions at other large, international corporations, including Moore Corporation in Chicago, Silcorp Limited and the UCS Group . Michael holds a BBA degree from York University and was a member of the Ontario Institute of Chartered Accountants since 1983. He was named Canada CFO of the Year for 2017 by Financial Executives International Canada, PwC Canada and Robert Half. since 2007.
| Age | 65 |
| Tenure | 18 years |
| Phone | 514 422 6020 |
| Web | https://www.aircanada.com |
Rousseau was President, Hudson’s Bay Company from 2006 to 2007 and Executive Vice President and Chief Financial Officer, Hudson’s Bay Company from 2001 to 2006.
Air Canada Management Efficiency
The company has return on total asset
(ROA) of
(0.0107) % which means that it has lost $0.0107 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(4.1787) %, meaning that it generated substantial loss on money invested by shareholders. Air Canada's management efficiency ratios could be used to measure how well Air Canada manages its routine affairs as well as how well it operates its assets and liabilities.
Air Canada has accumulated 12.83
B in total debt. Air Canada has a current ratio of 1.13, suggesting that it
is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Air Canada until it has trouble settling it off, either with new capital or with free cash flow. So, Air Canada'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 Air Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Air to invest in growth at high rates of return. When we think about Air Canada's use of debt, we should always consider it together with cash and equity.
Similar Executives
Air Canada provides domestic, U.S. transborder, and international airline services. Air Canada was founded in 1937 and is headquartered in Saint-Laurent, Canada. AIR CANADA is traded on OTC Exchange in the United States. Air Canada [ACDVF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.
Management Performance
Air Canada Leadership Team
Elected by the shareholders, the Air Canada's board of directors comprises two types of representatives: Air Canada inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Canada's management team and ensure that shareholders' interests are well served. Air Canada'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, Air Canada's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lucie Guillemette, Vice President - Revenue Management and International Sales | |
| Marc Barbeau, Ex Officer | |
| Amos Kazzaz, Vice President - Financial Planning and Analysis | |
| Craig Landry, President of leisure group | |
| Arielle MeloulWechsler, Vice President - Human Resources | |
| Melvin Crocker, Chief Officer | |
| Mark Nasr, Vice President - Loyalty and eCommerce | |
| John MacLeod, Vice President - Commercial Strategy | |
| Valerie Durand, Head Sustainability | |
| Michael Rousseau, CFO and Executive VP | |
Air Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Air Canada 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 Air OTC Stock
Air Canada financial ratios help investors to determine whether Air OTC 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 Air with respect to the benefits of owning Air Canada security.