Werner Schweiger - Connecticut Light CEO and Director

CNLPM Stock  USD 33.31  0.05  0.15%   

CEO

Mr. Werner J. Schweiger is Director of the Company. Mr. Schweiger has served as PresidentElectric Distribution of NUSCO since January 16, 2013. Mr. Schweiger was elected a Director of CLP, PSNH, NSTAR Electric and WMECO effective May 28, 2013. Previously, Mr. Schweiger served as President of NSTAR Electric from April 10, 2012 until January 16, 2013 and as a Director of NSTAR Electric from November 27, 2012 to January 16, 2013, From February 27, 2002 until April 10, 2012, Mr. Schweiger served as Senior Vice PresidentOperations of NSTAR Electric and NSTAR Gas. since 2014.
Age 64
Tenure 10 years
Phone800 286 5000
Webhttp://www.cl-p.com

Werner Schweiger Latest Insider Activity

Tracking and analyzing the buying and selling activities of Werner Schweiger against Connecticut Light pink sheet is an integral part of due diligence when investing in Connecticut Light. Werner Schweiger insider activity provides valuable insight into whether Connecticut Light is net buyers or sellers over its current business cycle. Note, Connecticut Light insiders must abide by specific rules, including filing SEC forms every time they buy or sell Connecticut Light'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Connecticut Light Management Efficiency

The company has return on total asset (ROA) of 0.0369 % which means that it generated a profit of $0.0369 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0977 %, meaning that it generated $0.0977 on every $100 dollars invested by stockholders. Connecticut Light's management efficiency ratios could be used to measure how well Connecticut Light manages its routine affairs as well as how well it operates its assets and liabilities.
The Connecticut Light has accumulated 4.28 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Connecticut Light has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Connecticut Light until it has trouble settling it off, either with new capital or with free cash flow. So, Connecticut Light'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 Connecticut Light sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Connecticut to invest in growth at high rates of return. When we think about Connecticut Light's use of debt, we should always consider it together with cash and equity.

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The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States. The Connecticut Light [CNLPM] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Connecticut Light Leadership Team

Elected by the shareholders, the Connecticut Light's board of directors comprises two types of representatives: Connecticut Light inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Connecticut. The board's role is to monitor Connecticut Light's management team and ensure that shareholders' interests are well served. Connecticut Light'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, Connecticut Light's outside directors are responsible for providing unbiased perspectives on the board's policies.
Florence Iacono, Sec
Stephen Sullivan, Pres COO
Werner Schweiger, CEO and Director
Jay Buth, Chief Accounting Officer, VP and Controller
Robert Hybsch, VP Operations
John Moreira, Sr Treasurer
Philip Lembo, CFO VP
Emilie ONeil, Assistant Management
Gregory Butler, Sr. VP, General Counsel, Director, Sr. VP of Northeast Utilities, General Counsel of Northeast Utilities and Director of Northeast Utilities Foundation
Bruce Bernier, Director Operations

Connecticut Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Connecticut Light 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.

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Other Information on Investing in Connecticut Pink Sheet

Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet 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 Connecticut with respect to the benefits of owning Connecticut Light security.