Mike Foran - Canadian Pacific President
CP Stock | CAD 107.21 2.13 2.03% |
President
Mr. Mike Foran is VicePresident, Market Strategy and Asset Management of the company. Mr. Foran was CPs VicePresident, Market Strategy and Asset Management since February 14, 2017. His prior roles with CP include VicePresident Network Transportation from 2014 to 2017, Assistant VicePresident Network Transportation from 2013 to 2014, and General Manager Asset Management from 2012 to 2013. In over 20 years at CP, Mr. Foran has worked in operations, business development, marketing and general management since 2017.
Age | 50 |
Tenure | 7 years |
Professional Marks | MBA |
Address | 7550 Ogden Dale Road S.E., Calgary, AB, Canada, T2C 4X9 |
Phone | 888-333-6370 |
Web | https://www.cpkcr.com |
Canadian Pacific Management Efficiency
The company has return on total asset (ROA) of 0.044 % which means that it generated a profit of $0.044 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0809 %, meaning that it generated $0.0809 on every $100 dollars invested by stockholders. Canadian Pacific's management efficiency ratios could be used to measure how well Canadian Pacific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian Pacific's Return On Capital Employed is very stable compared to the past year. As of the 25th of November 2024, Return On Equity is likely to grow to 0.14, while Return On Tangible Assets are likely to drop 0.05. At this time, Canadian Pacific's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Other Assets is likely to grow to about 3.9 B, while Return On Tangible Assets are likely to drop 0.05.Similar Executives
Showing other executives | PRESIDENT Age | ||
Mark Wilson | Loblaw Companies Limited | 53 | |
Karen Gosse | Fortis Inc | N/A | |
Robert Reilly | Canadian National Railway | 56 | |
Sean Cohan | BCE Inc | 49 | |
Blaik Kirby | BCE Inc | N/A | |
Janet Drysdale | Canadian National Railway | 52 | |
JeanJacques Ruest | Canadian National Railway | 62 | |
Bernard Duc | BCE Inc | 46 | |
Matthew Barker | Canadian National Railway | N/A | |
Tracy Robinson | TC Energy Corp | 60 | |
Paul Miller | TC Energy Corp | 58 | |
David Hutchens | Fortis Inc | 57 | |
Donald Marchand | TC Energy Corp | 53 | |
Wendy Hanrahan | TC Energy Corp | 57 | |
Thomas Little | BCE Inc | N/A | |
Ronald Hinsley | Fortis Inc | N/A | |
Thane Fotopoulos | BCE Inc | N/A | |
Joel Hunter | TC Energy Corp | 57 | |
Nora Duke | Fortis Inc | 57 | |
Michael Foster | Canadian National Railway | N/A | |
Richard Prior | TC Energy Corp | N/A |
Management Performance
Return On Equity | 0.0809 | ||||
Return On Asset | 0.044 |
Canadian Pacific Railway Leadership Team
Elected by the shareholders, the Canadian Pacific's board of directors comprises two types of representatives: Canadian Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Pacific's management team and ensure that shareholders' interests are well served. Canadian Pacific'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, Canadian Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gillian Denham, Independent Director | ||
Jane Peverett, Independent Director | ||
Edward Hamberger, Independent Director | ||
Mark Redd, Executive Vice President - Operations | ||
Mike Foran, Vice-President Market Strategy and Asset Management | ||
Cassandra Quach, Chief VP | ||
James Clements, Senior Vice President, Strategic Planning and Technology Transformation | ||
Chris Bruyn, Managing Treasury | ||
Nadeem Velani, Chief Financial Officer, Executive Vice President | ||
Michael Redeker, Chief Information Officer, Vice President | ||
Chad Rolstad, Vice President of Human Resources, Chief Culture Officer | ||
John Baird, Independent Director | ||
Oscar Cuevas, President Mexico | ||
Ian Gray, VP Accounting | ||
David Sheridan, General Commercial | ||
Rebecca MacDonald, Independent Director | ||
Maeghan Albiston, Senior Officer | ||
Corey Heinz, Managing Asia | ||
Gordon Trafton, Independent Director | ||
Jeffrey Ellis, Chief Legal Officer and Corporate Secretary | ||
John Brooks, Executive Vice-President, Chief Marketing Officer | ||
Matthew Paull, Independent Director | ||
Pamela Arpin, Senior Officer | ||
Laird Pitz, Chief Risk Officer, Vice President Treasurer | ||
Andrea Robertson, Independent Director | ||
Edward Monser, Independent Director | ||
Keith Creel, President, COO, Director and Member of Health, Safety, Security and Environment Committee | ||
Isabelle Courville, Independent Chairman of the Board |
Canadian 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 Canadian Pacific 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.
Return On Equity | 0.0809 | ||||
Return On Asset | 0.044 | ||||
Profit Margin | 0.24 % | ||||
Operating Margin | 0.37 % | ||||
Current Valuation | 121.51 B | ||||
Shares Outstanding | 933.35 M | ||||
Shares Owned By Insiders | 0.02 % | ||||
Shares Owned By Institutions | 75.84 % | ||||
Number Of Shares Shorted | 5.21 M | ||||
Price To Earning | 25.10 X |
Pair Trading with Canadian Pacific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
Moving against Canadian Stock
0.78 | NVDA | NVIDIA CDR | PairCorr |
0.76 | TRP | TC Energy Corp | PairCorr |
0.75 | TD-PFI | Toronto Dominion Bank | PairCorr |
0.67 | MFC | Manulife Financial Corp | PairCorr |
0.67 | ENB | Enbridge | PairCorr |
The ability to find closely correlated positions to Canadian Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Pacific Railway to buy it.
The correlation of Canadian Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Pacific Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.