Douglas Whitehead - Interfor Corp Lead Independent Director

IFP Stock  CAD 19.17  0.08  0.42%   

Director

Mr. Douglas W. G. Whitehead serves as Independent Director of Interfor Corporationrationration. Mr. Whitehead is currently the Chair and a director of Finning International Inc. . He is also currently a director of Belkorp Industries Inc. and Kal Tire. From 2008 to 2016 Mr. Whitehead was Board Chair, and from 2000 to 2008 he was the President and Chief Executive Officer, of Finning. Prior to joining Finning, Mr. Whitehead held a number of senior executive positions with Fletcher Challenge Canada, including President and Chief Executive Officer, Senior Vice President and Chief Operating Officer and Vice President of the Crown Packaging Division. Previously, he served as director of Inmet Mining Corporationrationration, Ballard Power Systems Inc., Terasen Inc., Fletcher Challenge Canada, Finlay Forest Industries and Timberwest Forest Limited since 2007.
Age 72
Tenure 17 years
Professional MarksMBA
Address Metrotower II, Burnaby, BC, Canada, V5H 4N2
Phone604 422 3400
Webhttps://www.interfor.com
Whitehead holds a Bachelor of Applied Sciences degree from the University of British Columbia and a MBA from the University of Western Ontario.

Interfor Corp Management Efficiency

The company has return on total asset (ROA) of (0.0563) % which means that it has lost $0.0563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2466) %, meaning that it generated substantial loss on money invested by shareholders. Interfor Corp's management efficiency ratios could be used to measure how well Interfor Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to -0.1. In addition to that, Return On Capital Employed is likely to grow to -0.08. At this time, Interfor Corp's Fixed Asset Turnover is very stable compared to the past year. As of the 23rd of November 2024, Asset Turnover is likely to grow to 1.40, while Other Current Assets are likely to drop about 18 M.
Interfor Corp has accumulated 938 M in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Interfor Corp has a current ratio of 2.72, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Interfor Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Interfor Corp'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 Interfor Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Interfor to invest in growth at high rates of return. When we think about Interfor Corp's use of debt, we should always consider it together with cash and equity.

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Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Hong Knog, Taiwan, and internationally. Interfor Corporation was founded in 1963 and is headquartered in Vancouver, Canada. INTERFOR CORPORATION operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2980 people. Interfor Corp (IFP) is traded on Toronto Exchange in Canada and employs 5,390 people. Interfor Corp is listed under Paper & Forest Products category by Fama And French industry classification.

Management Performance

Interfor Corp Leadership Team

Elected by the shareholders, the Interfor Corp's board of directors comprises two types of representatives: Interfor Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interfor. The board's role is to monitor Interfor Corp's management team and ensure that shareholders' interests are well served. Interfor Corp'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, Interfor Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Pozzebon, Executive CFO
Simon Luxmoore, Executive Operations
Tim Hartnett, Senior Resources
Gordon MacDougall, Independent Director
Jeane Hull, Independent Director
Gillian Platt, Independent Director
Eric Larouche, VP Operations
Andrew Horahan, Executive Operations
Mark Stock, Senior Vice President - Human Resources & IT
Barton Bender, Senior Vice President - Sales and Marketing
Xenia Kritsos, General Counsel, Corporate Secretary
E Sauder, Independent Chairman of the Board
Christopher Griffin, Independent Director
Mike Mackay, Vice Strategy
Douglas Whitehead, Lead Independent Director
Ian Fillinger, Chief Operating Officer, Senior Vice President
Thomas Milroy, Independent Director
Curtis Stevens, Independent Director
J Bender, Senior Vice President - Sales and Marketing
J McMillan, Independent Director
Rhonda Hunter, Independent Director

Interfor 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 Interfor Corp 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 Interfor Corp

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 Interfor Corp 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 Interfor Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Interfor Stock

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Moving against Interfor Stock

  0.45INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Interfor Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interfor Corp 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 Interfor Corp - 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 Interfor Corp to buy it.
The correlation of Interfor Corp 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 Interfor Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interfor Corp 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 Interfor Corp 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

Other Information on Investing in Interfor Stock

Interfor Corp financial ratios help investors to determine whether Interfor 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 Interfor with respect to the benefits of owning Interfor Corp security.