Joseph Hete - Air Transport CEO and President Director and CEO of Abx Air Inc

ATSG Stock  USD 21.96  0.03  0.14%   

CEO

Mr. Joseph C. Hete is the President, Chief Executive Officer, Director of Air Transport Services Group, Inc., and Chief Executive Officer of ABX Air, Inc., Mr. Hete was President and Chief Executive Officer of ATSG since October 2007 and Chief Executive Officer of its subsidiary, ABX Air, Inc. since August 2003. He was the President of ABX Air, Inc. from January 2000 to February 2008 and the Chief Operating Officer of ABX Air, Inc. from January 2000 to August 2003. From 1997 until January 2000, he held the position of Senior Vice President and Chief Operating Officer of ABX Air, Inc. Mr. Hete served as Senior Vice President, Administration, of ABX Air, Inc. from 1991 to 1997, and Vice President, Administration, of ABX Air, Inc. from 1986 to 1991. He joined ABX Air, Inc. in 1980. Among other qualifications, Mr. Hete brings to the Board a deep and extensive knowledge of the air cargo industry and the daytoday operations of the Company through his years in various senior business leadership roles with the Company, including as Chief Executive Officer. He is able to keep the Board of Directors informed on the current state of the Company by serving as a director. since 2007.
Age 69
Tenure 17 years
Address 145 Hunter Drive, Wilmington, OH, United States, 45177
Phone937 382 5591
Webhttps://www.atsginc.com
Hete was with the company since 1980. Hete earned his bachelors of science degree in Accounting from the University of Akron.

Air Transport Management Efficiency

The company has return on total asset (ROA) of 0.0149 % which means that it generated a profit of $0.0149 on every $100 spent on assets. This is way below average. Air Transport's management efficiency ratios could be used to measure how well Air Transport manages its routine affairs as well as how well it operates its assets and liabilities. The Air Transport's current Return On Tangible Assets is estimated to increase to 0.02. The Air Transport's current Return On Capital Employed is estimated to increase to 0.06. At this time, Air Transport's Other Assets are most likely to decrease significantly in the upcoming years. The Air Transport's current Non Current Assets Total is estimated to increase to about 3.7 B, while Total Current Assets are projected to decrease to roughly 215.1 M.
Air Transport Services currently holds 1.82 B in liabilities with Debt to Equity (D/E) ratio of 0.98, which is about average as compared to similar companies. Air Transport Services has a current ratio of 1.2, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Air Transport's use of debt, we should always consider it together with its cash and equity.

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Air Transport Services Group, Inc., together with its subsidiaries, provides aircraft leasing and air cargo transportation and related services in the United States and internationally. Air Transport Services Group, Inc. was founded in 1980 and is based in Wilmington, Ohio. Air Transport operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 5280 people. Air Transport Services (ATSG) is traded on NASDAQ Exchange in USA. It is located in 145 Hunter Drive, Wilmington, OH, United States, 45177 and employs 5,095 people. Air Transport is listed under Air Freight & Logistics category by Fama And French industry classification.

Management Performance

Air Transport Services Leadership Team

Elected by the shareholders, the Air Transport's board of directors comprises two types of representatives: Air Transport 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 Transport's management team and ensure that shareholders' interests are well served. Air Transport'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 Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Hete, CEO and President Director and CEO of Abx Air Inc
Joseph JD, Chief Secretary
Cagney France, Chief Officer
Edward III, Chief Officer
Richard Corrado, Chief Commercial Officer and President of Cargo Aircraft Management Inc and President of Airborne Global Solutions Inc
Quint Turner, Chief Officer
Paul Chase, Chief Officer
Joseph Payne, Sr. VP, Corporate General Counsel and Corporate Secretary
Michael Berger, Chief Commercial Officer
Matthew Fedders, VP Controller
Edward Smethwick, Vice Development
Deborah Loveless, Vice Capital
Jeffrey Dominick, President
James OGrady, President Inc
Quint CPA, Chief Officer
Ernie Hayes, Vice Capital

Air 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 Air Transport 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

When determining whether Air Transport Services is a strong investment it is important to analyze Air Transport's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Air Transport's future performance. For an informed investment choice regarding Air Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Transport Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Air Freight & Logistics space 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 Air Transport. If investors know Air 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 Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.01)
Revenue Per Share
30.203
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0149
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport'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 Air Transport's market value can be influenced by many factors that don't directly affect Air Transport'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 Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport'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.