Frederic Salerno - Intercontinental Lead Independent Director

ICE Stock  USD 159.63  0.34  0.21%   

Director

Mr. Frederic V. Salerno is a Lead Independent Director of Intercontinental Exchange Group Inc. He is the former Vice Chairman of Verizon Communications, Inc. Before the merger of Bell Atlantic and GTE, Mr. Salerno was Senior Executive Vice President, Chief Financial Officer and served in the Office of the Chairman of Bell Atlantic from 1997 to 2001. Prior to joining Bell Atlantic, he served as Executive Vice President and Chief Operating Officer of New England Telephone from 1985 to 1987, President and Chief Executive Officer of New York Telephone from 1987 to 1991 and Vice Chairman Finance and Business Development at NYNEX Corporation from 1991 to 1997. Since 2013, Mr. Salerno has served on the subsidiary boards of certain of NYSEs U.S. regulated exchanges. He served on the boards of directors of CBS Corporation from 2007 to 2016, and Viacom from 1996 to 2017. He has served on the boards of directors of Akamai Technologies, Inc. since 2002, FCB Financial Holdings, Inc. since 2010, and Associated Capital Group since 2017. He has a B.S. in Engineering from Manhattan College and an MBA from Adelphi University. since 2008.
Age 77
Tenure 16 years
Professional MarksMBA
Address 5660 New Northside Drive, Atlanta, GA, United States, 30328
Phone770 857 4700
Webhttps://www.ice.com
Salerno is the former Vice Chairman of Verizon Communications, Inc. Before the merger of Bell Atlantic and GTE, Mr. Salerno was Senior Executive Vice President, Chief Financial Officer and served in the Office of the Chairman of Bell Atlantic from 1997 to 2001. Prior to joining Bell Atlantic, he served as Executive Vice President and Chief Operating Officer of New England Telephone from 1985 to 1987, President and Chief Executive Officer of New York Telephone from 1987 to 1991 and Vice Chairman — Finance and Business Development at NYNEX from 1991 to 1997. Since 2013, Mr. Salerno serves on the boards of multiple NYSE U.S. regulated subsidiaries, all of which are our subsidiaries. He served on the boards of directors of National Fuel Gas Company from 2008 to 2013, CBS Corporationration from 2007 to 2016, and Viacom from 1996 to 2017. He has served on the boards of directors of Akamai Technologies, Inc. since 2002, FCB Financial Holdings, Inc

Frederic Salerno Latest Insider Activity

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

Intercontinental Management Efficiency

The company has Return on Asset of 0.0198 % which means that on every $100 spent on assets, it made $0.0198 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0941 %, implying that it generated $0.0941 on every 100 dollars invested. Intercontinental's management efficiency ratios could be used to measure how well Intercontinental manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.14, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Intercontinental's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 1.4 B, whereas Net Tangible Assets are forecasted to decline to about 19 B.
Intercontinental Exchange has 22.91 B in debt with debt to equity (D/E) ratio of 0.8, which is OK given its current industry classification. Intercontinental Exchange has a current ratio of 1.02, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Intercontinental to invest in growth at high rates of return.

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Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia. Intercontinental operates under Financial Data Stock Exchanges classification in the United States and is traded on New York Stock Exchange. It employs 8936 people. Intercontinental Exchange (ICE) is traded on New York Stock Exchange in USA. It is located in 5660 New Northside Drive, Atlanta, GA, United States, 30328 and employs 12,900 people. Intercontinental is listed under Financial Exchanges & Data category by Fama And French industry classification.

Management Performance

Intercontinental Exchange Leadership Team

Elected by the shareholders, the Intercontinental's board of directors comprises two types of representatives: Intercontinental inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intercontinental. The board's role is to monitor Intercontinental's management team and ensure that shareholders' interests are well served. Intercontinental'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, Intercontinental's outside directors are responsible for providing unbiased perspectives on the board's policies.
Duriya Farooqui, Independent Director
Frederick Hatfield, Independent Director
William Hague, Independent Director
Mark Wassersug, Chief Operating Officer
Stuart Williams, Chief Officer
Mayur Kapani, Chief Officer
Benjamin Jackson, President
Katia Gonzalez, Manager Relations
Lynn Martin, President, NYSE Group and Chair, ICE Fixed Income & Data Services
Douglas Foley, Senior Administration
Warren CFA, Chief Officer
Shantella Cooper, Independent Director
Mary ONeal, Head Relations
Judith Sprieser, Independent Director
Vincent Tese, Independent Director
Frederic Salerno, Lead Independent Director
A Gardiner, Chief Financial Officer
Andrew Surdykowski, General Counsel
Christopher Edmonds, President Services
James Namkung, Chief Accounting Officer, Corporate Controller and Principal Accounting Officer
Caroline Silver, Independent Director
Charles Crisp, Independent Director
Scott Hill, Chief Financial Officer
Joanne Rowe, Corporate Risk Officer
David Goone, Chief Strategic Officer
JeanMarc Forneri, Independent Director
Thomas Noonan, Independent Director
Sharon Bowen, Independent Director
Warren Gardiner, Vice President of Investor Relations
Martha Tirinnanzi, Independent Director
Jeffrey Sprecher, Founder, Chairman, CEO and Chairman of New York Stock Exchange
Mark Mulhern, Independent Director

Intercontinental 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 Intercontinental 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intercontinental. If investors know Intercontinental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intercontinental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
1.77
Earnings Share
4.21
Revenue Per Share
15.981
Quarterly Revenue Growth
0.173
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental'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.