Jerald Dittmer - Flexsteel Industries President CEO, Director

FLXS Stock  USD 59.37  0.34  0.57%   

CEO

Mr. Jerald K. Dittmer is President, Chief Executive Officer, Director of the Company. Dittmer comes to Flexsteel with more than 25 years of experience in the furniture industry including leadership positions with HNI Corporation and its subsidiaries. Most recently he served as President of the HON Company, a large office furniture designer and manufacturer. Appointed president of HON Company in 2008, Dittmer successfully positioned the 1 billion business to weather the recession and grew Earnings Before Interest and Taxes and gross margins to greater than prerecession levels by realigning the manufacturing footprint and transforming gotomarket capabilities resulting in significant profitable sales growth in a threeyear period. Prior to being named CFO in 2001, Dittmer held multiple executive roles within HNI and HON including Group Vice President, Seating and Wood Products General Manager, Oak Steel, Chief Information Officer, HNI Corporation Controller, Gunlocke Company and MAXON and Assistant Corporationrationrate Controller and Director, Internal Audit, HNI. Before joining HNI in 2001, Dittmer, who earned his BS at Iowa State University, held positions with PricewaterhouseCoopers, Crown Zellerbach, HAVI Corporation and Arthur Andersen. since 2018.
Age 66
Tenure 6 years
Address 385 Bell Street, Dubuque, IA, United States, 52001-0877
Phone563 556 7730
Webhttps://www.flexsteel.com

Jerald Dittmer Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jerald Dittmer against Flexsteel Industries stock is an integral part of due diligence when investing in Flexsteel Industries. Jerald Dittmer insider activity provides valuable insight into whether Flexsteel Industries is net buyers or sellers over its current business cycle. Note, Flexsteel Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell Flexsteel Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Flexsteel Industries Management Efficiency

The company has return on total asset (ROA) of 0.0473 % which means that it generated a profit of $0.0473 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.094 %, meaning that it created $0.094 on every $100 dollars invested by stockholders. Flexsteel Industries' management efficiency ratios could be used to measure how well Flexsteel Industries manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.06 in 2024. Return On Capital Employed is likely to gain to 0.12 in 2024. At this time, Flexsteel Industries' Non Current Assets Total are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 143.2 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 7.6 M in 2024.
Flexsteel Industries currently holds 70.42 M in liabilities with Debt to Equity (D/E) ratio of 0.74, which is about average as compared to similar companies. Flexsteel Industries has a current ratio of 3.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Flexsteel Industries' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 3 records

CEO Age

Mark MeloyFirst Business Financial
62
Corey ChambasFirst Business Financial
61
Austin WillisWillis Lease Finance
43
Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered furniture for residential and contract markets in the United States. Flexsteel Industries, Inc. was founded in 1893 and is based in Dubuque, Iowa. Flexsteel Inds is traded on NASDAQ Exchange in the United States. Flexsteel Industries (FLXS) is traded on NASDAQ Exchange in USA. It is located in 385 Bell Street, Dubuque, IA, United States, 52001-0877 and employs 1,500 people. Flexsteel Industries is listed under Household Durables category by Fama And French industry classification.

Management Performance

Flexsteel Industries Leadership Team

Elected by the shareholders, the Flexsteel Industries' board of directors comprises two types of representatives: Flexsteel Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flexsteel. The board's role is to monitor Flexsteel Industries' management team and ensure that shareholders' interests are well served. Flexsteel Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flexsteel Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stacy Kammes, VP Secretary
David Crimmins, Vice Management
Alejandro Huerta, Treasurer CFO
Michael McClaflin, Chief Officer
Timothy Newlin, VP Management
Michael Ressler, Treasurer CFO
Jerald Dittmer, President CEO, Director
Derek CPA, President CEO
Derek Schmidt, President Director
Carl Hayden, VP Operations

Flexsteel 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 Flexsteel Industries 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Flexsteel Stock Analysis

When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.