Bruce Duncan - First Industrial CEO
| FR Stock | USD 52.69 0.08 0.15% |
CEO
Mr. Bruce W. Duncan is Chairman of the Board of First Industrial Realty Trust, Inc. Mr. Duncan also served as the Companys President from January 2009 through September 2016, and its Chief Executive Officer from January 2009 through November 2016. Mr. Duncan presently serves as a director of Marriot International, Inc. and Boston Properties, Inc., and as an Independent Director of the T. Rowe Price Funds. He formerly served as Chairman of the Board of Starwood Hotels Resorts Worldwide, Inc. from 2005 to September 2016. From April 2007 to September 2007, Mr. Duncan served as Chief Executive Officer of Starwood on an interim basis. Mr. Duncan served as a director of Starwood from 1999 through September 2016 and as a trustee of the REIT subsidiary of Starwood from 1995 to 2006. He also was a senior advisor to Kohlberg Kravis Roberts Co. from July 2008 until January 2009. From May 2005 to December 2005, Mr. Duncan was Chief Executive Officer and Trustee of Equity Residential, a publicly traded apartment company. From January 2003 to May 2005, he was President, Chief Executive Officer and Trustee, and from April 2002 to December 2002, President and Trustee of EQR. From December 1995 until March 2000, Mr. Duncan served as Chairman, President and Chief Executive Officer of Cadillac Fairview Corporationrationration, a real estate operating company. From January 1992 to October 1994, Mr. Duncan was President and CoChief Executive Officer of JMB Institutional Realty Corporationrationration, providing advice and management for investments in real estate by taxexempt investors, and from 1978 to 1992 he worked for JMB Realty Corporationrationration, where he served in various capacities, ultimately serving as Executive Vice President and a member of the Board of Directors. Mr. Duncan currently serves on the Board of Governors and the Governing Council of the Investment Company Institute and the Board of Governors of the Independent Directors Counsel. since 2016.
| Age | 67 |
| Tenure | 8 years |
| Address | One North Wacker Drive, Chicago, IL, United States, 60606-6627 |
| Phone | 312 344 4300 |
| Web | https://www.firstindustrial.com |
Bruce Duncan Latest Insider Activity
Tracking and analyzing the buying and selling activities of Bruce Duncan against First Industrial stock is an integral part of due diligence when investing in First Industrial. Bruce Duncan insider activity provides valuable insight into whether First Industrial is net buyers or sellers over its current business cycle. Note, First Industrial insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Industrial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Bruce Duncan over three months ago Acquisition by Bruce Duncan of 546 shares of Boston Properties subject to Rule 16b-3 |
First Industrial Management Efficiency
The company has Return on Asset (ROA) of 0.0323 % which means that for every $100 of assets, it generated a profit of $0.0323. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1193 %, which means that it produced $0.1193 on every 100 dollars invested by current stockholders. First Industrial's management efficiency ratios could be used to measure how well First Industrial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, First Industrial's Return On Tangible Assets are relatively stable compared to the past year. As of 11/21/2024, Return On Capital Employed is likely to grow to 0.05, while Return On Equity is likely to drop 0.06. At this time, First Industrial's Asset Turnover is relatively stable compared to the past year.Similar Executives
| Found 7 records | CEO Age | ||
| Mark Winmill | Global Self Storage | 67 | |
| Fred Boehler | Americold Realty Trust | 52 | |
| George Chappelle | Americold Realty Trust | 62 | |
| Howard Schwimmer | Rexford Industrial Realty | 63 | |
| Michael Frankel | Rexford Industrial Realty | 61 | |
| Marshall Loeb | EastGroup Properties | 62 | |
| Wilson Eglin | LXP Industrial Trust | 59 | |
Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0323 |
First Industrial Realty Leadership Team
Elected by the shareholders, the First Industrial's board of directors comprises two types of representatives: First Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Industrial's management team and ensure that shareholders' interests are well served. First Industrial'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, First Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Harker, Executive Vice President, Central Region | ||
| Denise Olsen, Independent Director | ||
| Teresa Bazemore, Independent Director | ||
| Arthur Harmon, Senior Marketing | ||
| Peter Schultz, Executive VP of East Region and Member of Management Committee | ||
| Leonard Sharpe, Independent Director | ||
| Adam Moore, Regional Milwaukee | ||
| Sumit Sharma, Senior Research | ||
| Peter Baccile, President, Chief Executive Officer, Director | ||
| Jennifer JD, General Secretary | ||
| Christopher CPA, Executive Officer | ||
| Scott Musil, Chief Financial Officer | ||
| Jennifer Rice, General Counsel, Secretary | ||
| Brenda Smith, VP HR | ||
| Scott CPA, Senior CFO | ||
| Robert Walter, Executive Management | ||
| John Rau, Lead Independent Director | ||
| Marcus Smith, Independent Director | ||
| Matthew Dominski, Independent Chairman of the Board | ||
| Bruce Duncan, CEO and President Director and Member of Investment Committee | ||
| Johannson Yap, Co-Founder, Chief Investment Officer and Executive VP of West Region | ||
| H Hackett, Independent Director | ||
| Sara Niemiec, Chief Officer | ||
| Valerie Baxa, Senior Environmental |
First 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 First Industrial 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 | 0.12 | ||||
| Return On Asset | 0.0323 | ||||
| Profit Margin | 0.47 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 9.13 B | ||||
| Shares Outstanding | 132.35 M | ||||
| Shares Owned By Insiders | 0.49 % | ||||
| Shares Owned By Institutions | 98.29 % | ||||
| Number Of Shares Shorted | 1.63 M | ||||
| Price To Earning | 16.87 X |
Pair Trading with First Industrial
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 First Industrial 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 First Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
Moving against First Stock
| 0.71 | UE | Urban Edge Properties Sell-off Trend | PairCorr |
| 0.64 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.44 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.38 | OLP | One Liberty Properties | PairCorr |
| 0.38 | VNO-PM | Vornado Realty Trust Potential Growth | PairCorr |
The ability to find closely correlated positions to First Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Industrial 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 First Industrial - 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 First Industrial Realty to buy it.
The correlation of First Industrial 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 First Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Industrial Realty 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 First Industrial 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.Additional Tools for First Stock Analysis
When running First Industrial's price analysis, check to measure First Industrial's 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 First Industrial is operating at the current time. Most of First Industrial's value examination focuses on studying past and present price action to predict the probability of First Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Industrial's price. Additionally, you may evaluate how the addition of First Industrial to your portfolios can decrease your overall portfolio volatility.