Karl Kenny - Kraken Robotics President CEO, Director

KRKNF Stock  USD 1.50  0.04  2.60%   

CEO

Mr. Karl Andrew Kenny is President, Chief Executive Officer, Director of the Company. He grew up in a small fishing village in Newfoundland where his family has a long historical connection to the sea. Since his early days as a maritime surface officer with the Royal Canadian Navy, Mr. Kenny was involved in high technology. In the 1980s, he was a part of the Microsoft mouse project team. In the 1990s, he formed Telepix, a leader in photo ecommerce solutions. Telepix was acquired by a European photo equipment manufacturer in 2000 for over 50 million. Since then he has led the development of a wide range of innovative marine technologies and products in Canada, the USA and Europe. Mr. Kenny was the visionary leader behind the development of Software Defined Sonar technology thats now being used in underwater defence, commercial fisheries and ocean science. Mr. Kenny is a member of the Marine Technology Society as well as the Society for Underwater Technology. He was named Entrepreneur of the Year by Memorial University and twice named as a Top 50 CEO by Atlantic Business magazine. He was inducted into the Newfoundland and Labrador Business Hall of Fame in May, 2012. Mr. Kenny also serves as an entrepreneur mentor at Memorial Universitys Genesis Centre. since 2015.
Tenure 9 years
Phone709 757 5757
Webhttps://krakenrobotics.com

Kraken Robotics Management Efficiency

The company has return on total asset (ROA) of 0.017 % which means that it generated a profit of $0.017 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0938) %, meaning that it generated substantial loss on money invested by shareholders. Kraken Robotics' management efficiency ratios could be used to measure how well Kraken Robotics manages its routine affairs as well as how well it operates its assets and liabilities.
Kraken Robotics has accumulated 5.51 M in total debt with debt to equity ratio (D/E) of 0.59, which is about average as compared to similar companies. Kraken Robotics has a current ratio of 1.22, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Kraken Robotics until it has trouble settling it off, either with new capital or with free cash flow. So, Kraken Robotics' 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 Kraken Robotics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kraken to invest in growth at high rates of return. When we think about Kraken Robotics' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 7 records

CEO Age

Aldo PichelliTeledyne Technologies Incorpora
68
Robert PainterTrimble
52
Steven BerglundTrimble
72
Clifton PembleGarmin
58
James AndersonCoherent
52
James LicoFortive Corp
58
Ronald NersesianKeysight Technologies
65
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of software-centric sensors, batteries, and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications. Kraken Robotics Inc. is headquartered in Mount Pearl, Canada. Kraken Sonar operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 218 people. Kraken Robotics [KRKNF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Kraken Robotics Leadership Team

Elected by the shareholders, the Kraken Robotics' board of directors comprises two types of representatives: Kraken Robotics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kraken. The board's role is to monitor Kraken Robotics' management team and ensure that shareholders' interests are well served. Kraken Robotics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kraken Robotics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph CA, Chief Officer
Shauna Cotie, Marketing Mang
Karl Kenny, President CEO, Director
David PEng, Ex Products
Moya PEng, Ex PanGeo
Sean Chapman, Chief Engineer

Kraken Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Kraken Robotics 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

Other Information on Investing in Kraken OTC Stock

Kraken Robotics financial ratios help investors to determine whether Kraken OTC 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 Kraken with respect to the benefits of owning Kraken Robotics security.