David Harker - First Industrial Executive Vice President, Central Region

FR Stock  USD 55.61  0.24  0.43%   

President

Mr. David G. Harker is an Executive Vice President, Central Region of First Industrial Realty Trust, Inc. He was Executive Vice PresidentCentral Region of the Company since March 2009. From April 2005 to March 2009, he served as Executive DirectorInvestments of the Company. From 2002 to April 2005, he served as a Senior Regional Director of the Company and, from 1998 to 2002, he served as a Regional Director of the Company, with responsibility for the Companys portfolio in Nashville, St. Louis, Louisville and Memphis. Prior to joining the Company, Mr. Harker was a Vice President of the Trammell Crow Company from 1992 to 1998. since 2009.
Age 61
Tenure 16 years
Address One North Wacker Drive, Chicago, IL, United States, 60606-6627
Phone312 344 4300
Webhttps://www.firstindustrial.com

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 0.1107 %, which means that it produced $0.1107 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 02/16/2025, Return On Assets is likely to grow to 0.06, while Return On Capital Employed is likely to drop 0.05. At this time, First Industrial's Asset Turnover is relatively stable compared to the past year.
First Industrial Realty reports 2.25 B of total liabilities with total debt to equity ratio (D/E) of 0.81, which is normal for its line of buisiness. First Industrial Realty has a current ratio of 1.82, which is generally considered normal. Note however, debt could still be an excellent tool for First to invest in growth at high rates of return.

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is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020. First Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 162 people. First Industrial Realty (FR) is traded on New York Stock Exchange in USA. It is located in One North Wacker Drive, Chicago, IL, United States, 60606-6627 and employs 156 people. First Industrial is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

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.

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 against First Stock

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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.
Pair CorrelationCorrelation Matching

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.