Joseph Holsten - Covanta Holding Independent Director

Director

Mr. Joseph M. Holsten is an Independent Director of the Company. Mr. Holsten has served as a director since May 2009. Mr. Holsten is Chair of the Supply Chain and Public Policy Committee and is a member of the Finance Committee. Since November 2011, Mr. Holsten was Chairman of the Board of LKQ Corporation, the largest provider in the U.S. of aftermarket, recycled and refurbished collision replacement parts and accessories, and a leading provider of new automotive aftermarket products in the United Kingdom, Germany, the Benelux countries, Italy, Switzerland, the Czech Republic and several other Central European states. He was a member of the Board of Directors of LKQ since February 1999. Mr. Holsten was the President and Chief Executive Officer of LKQ from November 1998 until January 2011 when he became CoChief Executive Officer as part of his transition to retirement. He retired from his position of CoChief Executive Officer in January 2012. Prior to joining LKQ, Mr. Holsten held various positions of increasing responsibility with the North American and International operations of Waste Management, Inc. for approximately 17 years. From February 1997 until July 1998, Mr. Holsten served as Executive Vice President and Chief Operating Officer of Waste Management, Inc. From July 1995 until February 1997, he served as Chief Executive Officer of Waste Management International, plc. Mr. Holsten also serves as a Director to Mekonomen, a public company in Stockholm that sells and distributes new automotive after market products in Sweden, Norway, Denmark, Poland and Finland since 2009.
Age 68
Tenure 15 years
Phone862 345-5000
Webwww.covanta.com
Holsten operating and strategic experience in the waste industry, in both domestic and international markets, combined with his knowledge of global commodities markets, provides the Board with valuable insight and perspective on industry specific issues. In addition, as a recent chief executive officer and executive chairman of a public company, Mr. Holsten brings valuable perspective to management on a range of issues, as

Covanta Holding Management Efficiency

The company has Return on Asset of 2.03 % which means that on every $100 spent on assets, it made $2.03 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 9.86 %, implying that it generated $9.86 on every 100 dollars invested. Covanta Holding's management efficiency ratios could be used to measure how well Covanta Holding manages its routine affairs as well as how well it operates its assets and liabilities.
Covanta Holding has 2.53 B in debt. Covanta Holding has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Covanta to invest in growth at high rates of return.

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Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey. Covanta Holding operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 4000 people. Covanta Holding (CVA) is traded on New York Stock Exchange in USA and employs 4,000 people.

Management Performance

Covanta Holding Leadership Team

Elected by the shareholders, the Covanta Holding's board of directors comprises two types of representatives: Covanta Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Covanta. The board's role is to monitor Covanta Holding's management team and ensure that shareholders' interests are well served. Covanta Holding'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, Covanta Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Stauder, Senior Vice President and President, Covanta Environmental Solutions
Owen Michaelson, Independent Director
Joseph Holsten, Independent Director
Timothy Simpson, Executive Vice President, Chief Administrative Officer
Robert Silberman, Lead Independent Director
Linda Fisher, Independent Director
Azeez Mohammed, Chief Executive Officer
David Barse, Independent Director
Michael Ranger, President, Chief Executive Officer, Director
Bradford Helgeson, Chief Financial Officer, Executive Vice President
Jean Smith, Independent Director
Thomas Kenyon, Executive Vice President General Counsel, Company Secretary
Stephen Jones, President, Chief Executive Officer, Director
Ronald Broglio, Independent Director
Derek Veenhof, Chief Operating Officer, Executive Vice President
Samuel Zell, Independent Chairman of the Board
Danielle Pletka, Independent Director
Matthew Mulcahy, Executive Vice President and Head of Corporate Development
Joseph Schantz, Chief Accounting Officer, Vice President
Peter Bynoe, Independent Director
Michael Castro, Executive Vice President - Supply Chain
Virginia Angilello, Chief Human Resource Officer, Senior Vice President

Covanta 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 Covanta Holding 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Covanta Stock

If you are still planning to invest in Covanta Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Covanta Holding's history and understand the potential risks before investing.
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