Ipung Kurnia - Hero Supermarket President Commissioner

HERO Stock  IDR 600.00  5.00  0.84%   

President

Mr. Ipung Kurnia serves as the President Commissioner of PT Hero Supermarket Tbk since December 10, 2008. He obtained a Bachelors degree in Marketing from the Simon Fraser University, Canada, in 1986 and a MBA degree in Business and Finance from the City University, Canada. He also attended the Advanced Management Program at the Harvard Business School, Boston, the United States, in 1999. Prior to his appointment as President Commissioner, he served as Commissioner from June 26, 2008 to December 10, 2008, President Director from 1992 to June 26, 2008 and Director of the Company from 1989 to 1992. He is a Member of the Honorary Committee of APRINDO . In 2013, he attended the Economic Outlook 2014 Forum organized by the Company on December 9, 2013. since 2008.
Age 54
Tenure 16 years
Professional MarksMBA
Phone62 21 8378 8388
Webhttps://www.hero.co.id

Hero Supermarket Management Efficiency

Hero Supermarket's management efficiency ratios could be used to measure how well Hero Supermarket manages its routine affairs as well as how well it operates its assets and liabilities.
Hero Supermarket Tbk has accumulated 2.06 T in total debt with debt to equity ratio (D/E) of 0.8, which is about average as compared to similar companies. Hero Supermarket Tbk has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hero Supermarket until it has trouble settling it off, either with new capital or with free cash flow. So, Hero Supermarket'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 Hero Supermarket Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hero to invest in growth at high rates of return. When we think about Hero Supermarket's use of debt, we should always consider it together with cash and equity.

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PT Hero Supermarket Tbk engages in the retail business primarily in Indonesia. PT Hero Supermarket Tbk is a subsidiary of Mulgrave Corporation B.V. Hero Supermarket operates under Department Stores classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 7975 people. Hero Supermarket Tbk (HERO) is traded on Jakarta Exchange in Indonesia and employs 4,481 people.

Management Performance

Hero Supermarket Tbk Leadership Team

Elected by the shareholders, the Hero Supermarket's board of directors comprises two types of representatives: Hero Supermarket inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hero. The board's role is to monitor Hero Supermarket's management team and ensure that shareholders' interests are well served. Hero Supermarket'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, Hero Supermarket's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ilauddin, Director
Erry Hardjapamekas, Independent Commissioner
Rituraj Mohan, Director
Kalani Kumar, Director Beauty
Carolus Boli, Head Audit
Budi Setiadharma, Commissioner
Ipung Kurnia, President Commissioner
Heru Pribadi, Independent Director
Iwan Nurdiansyah, Corporate Secretary
Hadrianus Trikusumo, Group Director
Lindawati Gani, Independent Commissioner
Christopher Bush, Director
Jan Lindstrom, Commissioner
Erwantho Siregar, F Director
Patrik Lindvall, President Director
Natalia Soebagjo, Independent Commissioner
Tom Lee, Commissioner
Ian Mcleod, Commissioner
Samuel Kim, Commissioner
Dina Fani, Human Director

Hero 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 Hero Supermarket 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.

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Other Information on Investing in Hero Stock

Hero Supermarket financial ratios help investors to determine whether Hero 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 Hero with respect to the benefits of owning Hero Supermarket security.