Jay Forbes - Element Fleet Chief Executive Officer, Executive Director
| EFN Stock | CAD 29.61 0.11 0.37% |
CEO
Mr. Jay A. Forbes was appointed Chief Executive Officer, Executive Director of the Company. Prior to joining Element, Mr. Forbes was President and Chief Executive Officer of Manitoba Telecom Services Inc., a regional telecom services provider, from 2015 to 2017. Mr. Forbes was President and Chief Executive Officer of Teranet Inc., a worldleading developer, operator and owner of electronic land registration systems, from 2009 to 2013. Mr. Forbes other leadership roles have included President at Ingram Micro Inc. and President and Chief Executive Officer at Aliant Inc. He is a director at Economical Insurance and previously was a director at MTS, Stratos Global Corporation and Aliant Inc since 2018.
| Age | 58 |
| Tenure | 6 years |
| Address | 161 Bay Street, Toronto, ON, Canada, M5J 2S1 |
| Phone | 416 386 1067 |
| Web | https://www.elementfleet.com |
Element Fleet Management Efficiency
The company has return on total asset (ROA) of 0.0297 % which means that it generated a profit of $0.0297 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1258 %, meaning that it generated $0.1258 on every $100 dollars invested by stockholders. Element Fleet's management efficiency ratios could be used to measure how well Element Fleet manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Element Fleet's Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Net Tangible Assets is likely to grow to about 1.1 B, while Total Assets are likely to drop about 12.7 B.Similar Executives
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Management Performance
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0297 |
Element Fleet Management Leadership Team
Elected by the shareholders, the Element Fleet's board of directors comprises two types of representatives: Element Fleet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Element. The board's role is to monitor Element Fleet's management team and ensure that shareholders' interests are well served. Element Fleet'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, Element Fleet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vito Culmone, Chief Financial Officer, Executive Vice President | ||
| G Graham, Independent Director | ||
| James Halliday, Executive Vice President and Chief Operating Officer of Element Fleet | ||
| Frank Ruperto, Executive CFO | ||
| Vineet Gupta, Executive Vice President, Chief Technology Officer | ||
| Israel Kaufman, Executive Vice President Treasurer | ||
| Jay Forbes, Chief Executive Officer, Executive Director | ||
| Jacqueline McGillivray, Ex Officer | ||
| Alexander Greene, Independent Director | ||
| Andrew Clarke, Independent Director | ||
| Rubin McDougal, Independent Director | ||
| Chris Gittens, Executive Vice President Mid-market of Element Fleet | ||
| CPA FCA, Pres CEO | ||
| Jacqui McGillivray, Chief Human Resource Officer, Executive Vice President | ||
| Yu Jin, Executive Officer | ||
| David Madrigal, Executive Vice President - Mexico, Chief Commercial Officer | ||
| Andrea Rosen, Independent Director | ||
| Rocco Colella, Director Relations | ||
| Ian Oncea, Chief Officer | ||
| Michael Barrett, VP, Investor Relations | ||
| Laura DottoriAttanasio, President CEO | ||
| Virginia Addicott, Director | ||
| David Denison, Independent Chairman of the Board | ||
| Paul Damp, Independent Director | ||
| David Colman, Executive Vice President, General Counsel, Corporate Secretary | ||
| Steve Grosso, President Financial | ||
| German Piderit, Head Operations | ||
| Joan LammTennant, Independent Director | ||
| Scott Corman, Ex Fin | ||
| Jon Parker, Executive Vice President Enterprise of Element Fleet | ||
| Imran Hussein, Managing Director | ||
| Bill Sutherland, Executive Officer |
Element 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 Element Fleet 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 | 0.13 | ||||
| Return On Asset | 0.0297 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 23.57 B | ||||
| Shares Outstanding | 404.59 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 50.44 % | ||||
| Number Of Shares Shorted | 3.39 M | ||||
| Price To Earning | 120.45 X |
Pair Trading with Element Fleet
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 Element Fleet 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 Element Fleet will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Element Fleet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Element Fleet 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 Element Fleet - 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 Element Fleet Management to buy it.
The correlation of Element Fleet 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 Element Fleet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Element Fleet Management 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 Element Fleet 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.Other Information on Investing in Element Stock
Element Fleet financial ratios help investors to determine whether Element Stock 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 Element with respect to the benefits of owning Element Fleet security.