Charles Davidson - Loews Corp Independent Director

L Stock  USD 86.61  0.78  0.91%   

Director

Mr. Charles D. Davidson is Independent Director of the Company. Mr. Davidson is a Venture Partner at Quantum Energy Partners, a private equity fund specializing in investments in energy businesses, since 2015. Mr. Davidson served as Chief Executive Officer of Noble Energy Inc., an independent producer of oil and natural gas, from 2000 through 2014, and was Chairman of the Board of Noble until his retirement in May 2015 since 2015.
Age 71
Tenure 9 years
Address 9 West 57th Street, New York, NY, United States, 10019-2714
Phone212 521 2000
Webhttps://www.loews.com
Davidson is also a director, and is expected at the end of March 2018 to become Chairman, of Jagged Peak Energy, Inc. EXPERIENCE: Mr. Davidson has worked in the oil and gas industry for over forty years, including as President and Chief Executive Officer of Noble. His extensive experience with oil and gas operations, as well as management of a large, complex, multinational organization, give him knowledge and insights that are valuable to our Board, particularly in overseeing the business of our energy industry subsidiaries, Diamond Offshore Drilling Inc. and Boardwalk Pipeline Partners, LP.

Loews Corp Management Efficiency

The company has return on total asset of 0.0208 % which means that for every 100 dollars spent on assets, it generated a profit of $0.0208. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1067 %, implying that it made 0.1067 on every $100 invested by shareholders. Loews Corp's management efficiency ratios could be used to measure how well Loews Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Loews Corp's Return On Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.10 this year, although the value of Return On Tangible Assets will most likely fall to 0.02. At this time, Loews Corp's Other Assets are quite stable compared to the past year. Net Tangible Assets is expected to rise to about 14.1 B this year, although the value of Non Current Assets Total will most likely fall to about 4.8 B.
Loews Corp has accumulated 9 B in total debt with debt to equity ratio (D/E) of 0.63, which looks OK as compared to the sector. Loews Corp has a current ratio of 0.45, which means it has a negative working capital and may have difficulties to pay out interest payments when they become due. Note however, debt could still be an excellent tool for Loews to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Susan FlemingRLI Corp
50
Laurie ThomsenThe Travelers Companies
63
Jeffrey KellyProgressive Corp
67
David SidwellChubb
68
Karen PallottaStewart Information Services
56
Leigh PuseyW R Berkley
58
Kathleen CroninKemper
57
Joseph BrownGlobal Indemnity PLC
75
Stephen HasenmillerHorace Mann Educators
68
Mark ShapiroW R Berkley
76
Michael AngelinaRLI Corp
54
James CashChubb
71
Philip GelstonWhite Mountains Insurance
67
Gregory ZieglerCincinnati Financial
N/A
Michael ConnorsChubb
65
Kermit CrawfordThe Allstate
61
Todd SchermerhornThe Travelers Companies
59
Peter CarlsonWhite Mountains Insurance
55
Judith SprieserThe Allstate
66
Patrick NettlesProgressive Corp
76
Robert ScullyChubb
71
Loews Corporation provides commercial property and casualty insurance in the United States and internationally. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York. Loews Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 10340 people. Loews Corp (L) is traded on New York Stock Exchange in USA. It is located in 9 West 57th Street, New York, NY, United States, 10019-2714 and employs 12,280 people. Loews Corp is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Loews Corp Leadership Team

Elected by the shareholders, the Loews Corp's board of directors comprises two types of representatives: Loews Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loews. The board's role is to monitor Loews Corp's management team and ensure that shareholders' interests are well served. Loews 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, Loews Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Tisch, Co-Chairman, Member of the Office of the President, Chairman of Executive Committee, Member of Fin. Committee and Chairman of Bulova
Benjamin Tisch, Senior Strategy
Mark Schwartz, Chief VP
James Tisch, CEO and President Member of Office of the President, Director, Member of Executive Committee, Member of Fin. Committee, Chairman of Diamond Offshore and Director of CNA
Philip Laskawy, Independent Director
Charles Diker, Independent Director
Anthony Welters, Independent Director
Richard Scott, Senior Vice President and Chief Investment Officer
Marc JD, General VP
Ira Altman, Vice Resources
Ann Berman, Independent Director
Alexander Tisch, President Co
Peter Keegan, Senior President
Charles Davidson, Independent Director
Walter Harris, Independent Director
Jonathan Tisch, Co-Chairman, Member of the Office of the President, Member of Executive Committee and Chairman of Loews Hotels
Susan Peters, Independent Director
Paul Fribourg, Lead Director, Independent Director
Joseph Bower, Independent Director
Marc Alpert, Senior Vice President General Counsel, Secretary
Jane Wang, Senior CFO
David Edelson, Senior Vice President and Chief Financial Officer
Kenneth Siegel, Senior Vice President

Loews 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 Loews 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Loews Stock please use our How to buy in Loews Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Multi-line Insurance 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 Loews Corp. If investors know Loews 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 Loews Corp 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
0.625
Dividend Share
0.25
Earnings Share
7.52
Revenue Per Share
77.677
Quarterly Revenue Growth
0.138
The market value of Loews Corp is measured differently than its book value, which is the value of Loews that is recorded on the company's balance sheet. Investors also form their own opinion of Loews Corp's value that differs from its market value or its book value, called intrinsic value, which is Loews Corp'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 Loews Corp's market value can be influenced by many factors that don't directly affect Loews Corp'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 Loews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loews Corp'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.