Mark Nikolich - Braskem SA Head of the Polyolefins North America Unit

BRKM3 Stock  BRL 15.51  0.77  5.22%   

Executive

Mr. Mark Nikolich serves as Head of the Polyolefins North America Unit of BRASKEM S.A. He was Chief Executive Officer of Braskem America, Inc of BRASKEM S.A. He is responsible for leading the company polypropylene and ultrahigh molecular weight polyethylene business units, including growth projects in the U.S.. Previously, he served as vice president of Braskem America polypropylene business. He was responsible for all areas of the U.S. Polypropylene business including Commercial, Manufacturing, Feedstocks, and Innovation and Technology. Mr. Nikolich started his career in polypropylene sales for Himont in 1988. Through tenure at Montell, Basell, Epsilon and Sunoco, he has worked in the Polyolefins and Olefins industries for over 25 years. In 2010, he transitioned to Braskem after the acquisition of Sunoco Chemicals where he held various senior leadership positions in polymers, phenol and refining chemicals. He established and led Braskem operations in Europe for three years after the acquisition of Dow polypropylene business in 2011. He and his family returned to the U.S. in 2014 where he accepted the position to lead Braskem polypropylene business unit in the U.S.. Mr. Nikolich holds a Business Administration degree in Marketing from Gettysburg College with Executive Studies in Business Administration from Columbia University and University of Pennsylvania Wharton School. since 2017.
Tenure 7 years
Phone55 11 3576 9000
Webhttps://www.braskem.com.br

Braskem SA Management Efficiency

The company has return on total asset (ROA) of 0.0836 % which means that it generated a profit of $0.0836 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1705 %, meaning that it generated $0.1705 on every $100 dollars invested by stockholders. Braskem SA's management efficiency ratios could be used to measure how well Braskem SA manages its routine affairs as well as how well it operates its assets and liabilities.
Braskem SA has accumulated 48.4 B in total debt. Braskem SA has a current ratio of 1.17, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Braskem SA until it has trouble settling it off, either with new capital or with free cash flow. So, Braskem SA'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 Braskem SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Braskem to invest in growth at high rates of return. When we think about Braskem SA's use of debt, we should always consider it together with cash and equity.

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Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. Braskem S.A. was founded in 1972 and is headquartered in Camaari, Brazil. BRASKEM ON operates under Chemicals classification in Brazil and is traded on Sao Paolo Stock Exchange. Braskem SA (BRKM3) is traded on Sao Paulo Exchange in Brazil and employs 8,312 people.

Management Performance

Braskem SA Leadership Team

Elected by the shareholders, the Braskem SA's board of directors comprises two types of representatives: Braskem SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Braskem. The board's role is to monitor Braskem SA's management team and ensure that shareholders' interests are well served. Braskem SA'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, Braskem SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joao Batista, Director
Everson Bassinello, Chief Officer
Fernando Musa, Member of the Executive Management, Head of United States and Europe Unit
Pedro Freitas, Chief Financial Officer, Investor Relations and External Affairs Officer
Joao Cox, Vice Chairman of the Board
Cristiana Lapa, Legal, Corporate Governance and Intellectual Property
Roberto Faldini, Director
Roberto Bischoff, Member of the Executive Management, Head of Latin America Unit
Marcelo Cerqueira, Member of the Executive Management, Head of Basic Petrochemicals and Vinyl Unit
Daniel Correa, Ex Technologies
Rogerio Moreira, Director
Jose Cunha, Chairman of the Board
Luiz Nunes, Executive Officer and Investments and Digital Technologies
Roberto Simoes, CEO Director
Mark Nikolich, Head of the Polyolefins North America Unit
Andr Vieira, Director Communication
Fabio Venturelli, Independent Director
Julio Moura, Independent Director
Pedro Sousa, Independent Director
Gesner Oliveira, Independent Director
Edison Terra, Member of the Executive Management, Head of the Polyolefins South America and Europe Unit
Marcelo Carvalho, Executive Officer and Head of People, Communication, Marketing and Sustainable Development

Braskem Stock Performance Indicators

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