Monte Ford - Iron Mountain Independent Director

IRM Stock  USD 119.10  0.37  0.31%   

Director

Mr. Monte E. Ford is Director of the Company, effective November 1, 2018. Mr. Ford has served as principal partner for CIO Strategy Exchange, or CIOSE, since 2013. Prior to CIOSE, Mr. Ford served as Executive Chairman and Chief Executive Officer of Aptean, Inc., or Aptean, a producer of enterprise software. Before Aptean, Mr. Ford served as Senior Vice President and Chief Information Officer of American Airlines, with responsibility for its information technology services group. Currently, Mr. Ford serves as an independent director on the boards of directors of Akamai Technologies, Inc., a content delivery network and cloud service provider, and The Michaels Companies, Inc., owner and operator of arts and crafts specialty retail stores since 2018.
Age 61
Tenure 6 years
Address 85 New Hampshire Avenue, Portsmouth, NH, United States, 03801
Phone617 535 4766
Webhttps://www.ironmountain.com
Ford earned his BS in Business Administration from Northeastern University in Boston, Massachusetts.

Iron Mountain Management Efficiency

The company has Return on Asset of 0.0422 % which means that on every $100 spent on assets, it made $0.0422 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.544 %, implying that it generated $0.544 on every 100 dollars invested. Iron Mountain's management efficiency ratios could be used to measure how well Iron Mountain manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Iron Mountain's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 16.5 B, while Other Current Assets are likely to drop about 167.5 M.
Iron Mountain Incorporated has 14.79 B in debt. Iron Mountain has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Iron to invest in growth at high rates of return.

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Iron Mountain Incorporated , founded in 1951, is the global leader for storage and information management services. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Iron Mountain operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. Iron Mountain Incorporated (IRM) is traded on New York Stock Exchange in USA. It is located in 85 New Hampshire Avenue, Portsmouth, NH, United States, 03801 and employs 27,000 people. Iron Mountain is listed under Other Specialized REITs category by Fama And French industry classification.

Management Performance

Iron Mountain Leadership Team

Elected by the shareholders, the Iron Mountain's board of directors comprises two types of representatives: Iron Mountain inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iron. The board's role is to monitor Iron Mountain's management team and ensure that shareholders' interests are well served. Iron Mountain'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, Iron Mountain's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michelle Altamura, General VP
Carole Meixsell, Senior Support
Robin Matlock, Independent Director
Gillian Tiltman, Senior Relations
John Tomovcsik, Executive Vice President General Manager - Records and Information Management
Edward Greene, Chief Human Resource Officer, Executive Vice President
Kent Dauten, Lead Director, Independent Director
Ernest Cloutier, Executive Vice President, General Manager - Global Records and Information Management
Greg CA, Chief VP
Theodore Maclean, Executive Vice President Chief Marketing Officer
Ellen Hall, Global Development
William Meaney, President, Chief Executive Officer, Director
Garry Watzke, Senior President
Jennifer Allerton, Independent Director
Paul Deninger, Independent Director
Doyle Simons, Independent Director
Daniel Borges, Senior Vice President, Chief Accounting Officer
PerKristian Halvorsen, Independent Director
Monte Ford, Independent Director
Pamela Arway, Independent Director
Alfred Verrecchia, Independent Chairman of the Board
Walter Rakowich, Independent Director
Deborah Marson, Executive Vice President, General Counsel, Secretary
BSc MEng, CEO Pres
Clarke Bailey, Independent Director
Mark Kidd, Executive Vice President General Manager, data centers
Barry Hytinen, Chief Financial Officer, Executive Vice President
Deirdre Evens, Executive Vice President, General Manager - Records and Information Management, North America
Wendy Murdock, Independent Director
Greg McIntosh, Executive Vice President, General Manager, Global Records and Information Management.

Iron 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 Iron Mountain 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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When determining whether Iron Mountain is a strong investment it is important to analyze Iron Mountain'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 Iron Mountain's future performance. For an informed investment choice regarding Iron 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 Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Other Specialized REITs 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 Iron Mountain. If investors know Iron 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 Iron Mountain 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
308.278
Dividend Share
2.634
Earnings Share
0.36
Revenue Per Share
20.438
Quarterly Revenue Growth
0.122
The market value of Iron Mountain is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain'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 Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain'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 Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain'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.