Thurgood Marshall - Genesco Independent Director

GN8 Stock  EUR 32.60  1.60  5.16%   

Director

Mr. Thurgood Marshall, Jr. is Independent Director of the Company. Mr. Marshall, who joined Genescos board in 2012, is a partner in the Washington, D.C. office of the law firm of Morgan, Lewis Bockius LLP. He also serves on the boards of CoreCivic Inc., a publiclytraded, fullservice corrections management and real estate solutions provider, Ethics Compliance and Certification Institute, and the Ford Foundation since 2012.
Age 62
Tenure 12 years
Phone615 367 7000
Webhttps://genesco.com
Marshall’s professional background includes service in all three branches of the federal government and in the private sector. Prior to joining a predecessor of Morgan, Lewis & Bockius LLP as a partner in 2001, he served in roles including Assistant to the President and Cabinet Secretary from 1997 to 2001, cochair of the White House Olympic Task Force in connection with the 2002 Winter Olympics, director of legislative affairs and deputy counsel to the Vice President,

Thurgood Marshall Latest Insider Activity

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

Genesco Management Efficiency

The company has return on total asset (ROA) of 0.0463 % which means that it generated a profit of $0.0463 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1654 %, meaning that it generated $0.1654 on every $100 dollars invested by stockholders. Genesco's management efficiency ratios could be used to measure how well Genesco manages its routine affairs as well as how well it operates its assets and liabilities.
Genesco has accumulated 15.68 M in total debt with debt to equity ratio (D/E) of 1.31, which is about average as compared to similar companies. Genesco has a current ratio of 1.63, which is within standard range for the sector. Debt can assist Genesco until it has trouble settling it off, either with new capital or with free cash flow. So, Genesco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genesco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genesco to invest in growth at high rates of return. When we think about Genesco's use of debt, we should always consider it together with cash and equity.
Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. Genesco Inc. was incorporated in 1924 and is headquartered in Nashville, Tennessee. GENESCO INC operates under Apparel Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5700 people. Genesco (GN8) is traded on Frankfurt Exchange in Germany and employs 5,400 people.

Management Performance

Genesco Leadership Team

Elected by the shareholders, the Genesco's board of directors comprises two types of representatives: Genesco inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genesco. The board's role is to monitor Genesco's management team and ensure that shareholders' interests are well served. Genesco'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, Genesco's outside directors are responsible for providing unbiased perspectives on the board's policies.
Parag Desai, Senior Vice President - Strategy and Shared Services
John Lambros, Independent Director
Danny Ewoldsen, Senior Vice President
Matthew Diamond, Independent Director
Kathleen Mason, Independent Director
David Slater, VP IR
Scott Becker, Senior Vice President General Counsel, Corporate Secretary
Daniel Ewoldsen, Pres VP
Joanna Barsh, Independent Director
Melvin Tucker, Chief Financial Officer, Senior Vice President - Finance
Brently Baxter, Chief Accounting Officer, Vice President
Susan Peterson, Controller Station
Marty Dickens, Independent Director
Matthew Johnson, Vice President, Treasurer
Thurgood Marshall, Independent Director
Mimi Vaughn, Chairman of the Board, President, Chief Executive Officer
Mario Gallione, Senior Vice President
Thomas George, Interim Chief Financial Officer, Senior Vice President - Finance
Kevin McDermott, Independent Director

Genesco 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 Genesco 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.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Genesco Stock

When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. 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.
For more detail on how to invest in Genesco Stock please use our How to Invest in Genesco guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.