Michael Hanley - BRP Lead Non-Executive Independent Director
| DOO Stock | CAD 75.19 1.87 2.43% |
Director
Mr. Michael Sean Hanley is Lead Independent Director of the company. He is no longer as an NonExecutive Independent Director of BRP Inc. Effective May 30, 2019. He is a corporate director with many years of experience in senior management roles and corporate governance. He sits on the Board of Directors and chairs the Audit Committee of Industrial Alliance Insurance and Financial Services Inc., and of ShawCor Ltd. He also sits on the Board of Directors and the Audit Committee of The Jean Coutu Group Inc. In the past, Mr. Hanley held various senior management positions. He was Senior Vice President, Operations and Strategic Initiatives at National Bank of Canada. He also held a number of positions at Alcan Inc., including Executive Vice President and Chief Financial Officer, and President and CEO of the Global Bauxite and Alumina business group. He was also Chief Financial Officer of two Canadian public companies, namely Gaz Mtro and StLaurent Paperboard Inc since 2019.
| Age | 53 |
| Tenure | 6 years |
| Professional Marks | CPA |
| Address | 726, rue Saint-Joseph, Valcourt, QC, Canada, J0E 2L0 |
| Phone | 450 532 2211 |
| Web | https://www.brp.com |
Michael Hanley Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Hanley against BRP stock is an integral part of due diligence when investing in BRP. Michael Hanley insider activity provides valuable insight into whether BRP is net buyers or sellers over its current business cycle. Note, BRP insiders must abide by specific rules, including filing SEC forms every time they buy or sell BRP'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Hanley over six months ago Disposition of 286 shares by Michael Hanley of LyondellBasell Industries at 100.91 subject to Rule 16b-3 |
BRP Management Efficiency
The company has return on total asset (ROA) of 0.0804 % which means that it generated a profit of $0.0804 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.376 %, meaning that it generated $0.376 on every $100 dollars invested by stockholders. BRP's management efficiency ratios could be used to measure how well BRP manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of January 2025, Return On Equity is likely to grow to 1.11, while Return On Tangible Assets are likely to drop 0.08. At this time, BRP's Non Currrent Assets Other are very stable compared to the past year. As of the 20th of January 2025, Other Current Assets is likely to grow to about 198.4 M, while Total Assets are likely to drop about 4 B.Similar Executives
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Management Performance
| Return On Equity | 0.38 | ||||
| Return On Asset | 0.0804 |
BRP Inc Leadership Team
Elected by the shareholders, the BRP's board of directors comprises two types of representatives: BRP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BRP. The board's role is to monitor BRP's management team and ensure that shareholders' interests are well served. BRP'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, BRP's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Robbins, Non-Executive Director | ||
| Estelle Metayer, Non-Executive Independent Director | ||
| Charles Bombardier, Non-Executive Director | ||
| Sebastien Martel, Chief Financial Officer | ||
| Stephane Bilodeau, Chief Officer | ||
| AnneMarie LaBerge, Senior Vice President - Global Brands, Marketing and Communications | ||
| Michael Hanley, Lead Non-Executive Independent Director | ||
| Tracy Crocker, Senior Vice President, General Manager - Evinrude | ||
| Philippe Deschenes, Manager Relations | ||
| Karim Donnez, Senior Vice President - Strategy, Business Development and Transformation | ||
| Thomas Uhr, Senior Vice President - Product Engineering and Manufacturing Operations - Powersports | ||
| Edward Philip, Non-Executive Independent Director | ||
| Jose Boisjoli, CEO and President Director and Member of Investment and Risk Committee | ||
| Sandy Scullion, Vice President General Manager - BRP Global sales and consumer experience | ||
| Joshua Bekenstein, Non-Executive Director | ||
| Bernard Guy, Senior Vice President - Global Product Strategy | ||
| Anne Breton, Senior Vice-President - Global Human Resources and Health, Safety & Security | ||
| Patrick Dussault, Powersports Operations | ||
| Josee Perreault, Senior Vice President - Can-Am On-Road vehicles | ||
| Laurent Beaudoin, Non-Executive Chairman of the Board | ||
| Pierre Beaudoin, Non-Executive Director | ||
| Nicholas Nomicos, Non-Executive Director | ||
| Minh Tran, Executive Group | ||
| Denys Lapointe, Executive Vice President - Design, Innovation and Corporate Image | ||
| Barbara Samardzich, Non-Executive Independent Director | ||
| Martin Langelier, Senior Vice President, General Counsel and Public Affairs | ||
| Louis Laporte, Non-Executive Director | ||
| Pierre Pichette, Director |
BRP 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 BRP 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 | 0.38 | ||||
| Return On Asset | 0.0804 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 8.28 B | ||||
| Shares Outstanding | 34.49 M | ||||
| Shares Owned By Insiders | 2.90 % | ||||
| Shares Owned By Institutions | 98.80 % | ||||
| Number Of Shares Shorted | 1.43 M | ||||
| Price To Earning | 38.87 X |
Pair Trading with BRP
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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.Moving against BRP Stock
The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.