Michael Ranger - Covanta Holding President, Chief Executive Officer, Director
CEO
Mr. Michael W. Ranger is an Independent Director of the Company. Mr. Ranger was appointed to the Board in September, 2016 and is Chair of the Audit Committee and a member of the Finance Committee. Since 2004, Mr. Ranger has served as cofounder and senior managing director of Diamond Castle Holdings, LLC, a private equity investment firm focusing on energy and power, healthcare, financial services and other diversified industries. Before founding Diamond Castle Holdings in 2004, he was cochairman of DLJ Global Energy Partners. Previously, he was an investment banker in the energy and power sector for 20 years, most recently as head of the Domestic Power Group at CreditSuisse First Boston from 2000 to 2004 and prior to that as group head of Global Energy Power at DLJ from 1990 to 2004. Before joining Donaldson, Lufkin Jenrette, he was a senior vice president in the Energy Utility Group at Drexel Burnham Lambert and was a member of the Utility Banking Group at Bankers Trust. Mr. Ranger is a former member of the board of directors of TXU Corporationration, American RefFuel, Inc., Catamount Energy Corporationrationration, Boston Media Group and Beacon Behavioral Health and is currently on the board of directors at Consolidated Edison, Inc. and KDC Solar, Inc. He is Chairman of the Board of Trustees of St. Lawrence University, former Chairman of the Board of The Seeing Eye, Inc., and former President of the board of MorristownBeard School and CoChair of the board of Life Camp, Inc. Mr. Ranger extensive experience in investment and finance, including board positions at both public and private companies in the energyfromwaste and broader energy sectors, bring valuable insight and perspective to the Board and management with respect to growth strategies, energy markets, and governance. since 2021.
| Age | 62 |
| Tenure | 3 years |
| Phone | 862 345-5000 |
| Web | www.covanta.com |
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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| Richard Hubbell | Marine Products | 79 | |
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Management Performance
| Return On Equity | 9.86 | |||
| Return On Asset | 2.03 |
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.
| Return On Equity | 9.86 | |||
| Return On Asset | 2.03 | |||
| Profit Margin | 1.23 % | |||
| Operating Margin | 17.16 % | |||
| Current Valuation | 5.16 B | |||
| Shares Outstanding | 132.97 M | |||
| Shares Owned By Insiders | 1.65 % | |||
| Shares Owned By Institutions | 89.97 % | |||
| Number Of Shares Shorted | 5.71 M | |||
| Price To Earning | 532.37 X |
Also Currently Popular
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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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