Thomas Harty - Meredith Chairman
Chairman
Mr. Thomas H. Harty was appointed President, Chief Executive Officer, Director of the Company effective February 1, 2018. Harty joined Meredith in 2004 as its Chief Revenue Officer and President of Consumer Magazines. He was named National Media Group President in 2010. Under Harty leadership, Meredith greatly expanded its media portfolio, adding brands such as Allrecipes.com, Shape, andMartha Stewart Living along with the incoming Time Inc. brands. He created the innovative Meredith Sales Guarantee, which proves that advertising on Meredith media platforms directly leads to an increase of product sales at retail. Immediately prior to Meredith, Harty was Senior Vice President for The Golf Digest Companies, a division of Advance Publications. His 30plus years of media experience include senior leadership positions with several of the industry largest companies. He currently serves as Treasurer and on the Board of The Association of Magazine Media and the Alliance for Audited Media. since 2020.
| Age | 58 |
| Tenure | 4 years |
| Phone | 515 284-3000 |
| Web | www.meredith.com |
Meredith Management Efficiency
The company has Return on Asset of 5.15 % which means that on every $100 spent on assets, it made $5.15 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 30.01 %, implying that it generated $30.01 on every 100 dollars invested. Meredith's management efficiency ratios could be used to measure how well Meredith manages its routine affairs as well as how well it operates its assets and liabilities.Meredith has 3.22 B in debt with debt to equity (D/E) ratio of 4.64, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Meredith has a current ratio of 1.33, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Meredith to invest in growth at high rates of return.
Similar Executives
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| Michael Roth | Interpublic Group of | 74 | |
| Robert Keane | Cimpress NV | 61 | |
| Douglas Valenti | QuinStreet | 64 | |
| David Thomas | Interpublic Group of | 70 | |
Management Performance
| Return On Equity | 30.01 | |||
| Return On Asset | 5.15 |
Meredith Leadership Team
Elected by the shareholders, the Meredith's board of directors comprises two types of representatives: Meredith inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Meredith. The board's role is to monitor Meredith's management team and ensure that shareholders' interests are well served. Meredith'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, Meredith's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Roberts, Independent Director | ||
| Patrick McCreery, President - Local Media Group | ||
| Stephen Lacy, Non-Executive Chairman of the Board | ||
| Catherine Levene, President and Chief Digital Officer National Media Group | ||
| D Frazier, Independent Vice Chairman of the Board | ||
| John Zieser, Chief Development Officer, General Counsel, Secretary | ||
| Elizabeth Tallett, Independent Director | ||
| Kevin James, Senior Vice President | ||
| Gregory Coleman, Independent Director | ||
| Thomas Harty, Chairman of the Board, President, Chief Executive Officer | ||
| Donald Baer, Independent Director | ||
| Beth Kaplan, Independent Director | ||
| Greg Coleman, Director | ||
| Daphne Kwon, Executive Vice President - Strategy and Business Development | ||
| Jason Frierott, Chief Financial Officer, Vice President | ||
| Paula Kerger, Independent Director | ||
| Donald Berg, Independent Director | ||
| Farah Zaman, Chief Privacy Officer | ||
| Amanda Dameron, Chief Digital Content Officer | ||
| Erica Jensen, Senior Vice President Chief Communications Officer | ||
| Dana Neves, Senior Vice President |
Meredith 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 Meredith 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.
| Return On Equity | 30.01 | |||
| Return On Asset | 5.15 | |||
| Profit Margin | 9.59 % | |||
| Operating Margin | 16.00 % | |||
| Current Valuation | 4.6 B | |||
| Shares Outstanding | 40.59 M | |||
| Shares Owned By Insiders | 2.66 % | |||
| Shares Owned By Institutions | 96.18 % | |||
| Number Of Shares Shorted | 3.23 M | |||
| Price To Earning | 33.89 X |
Pair Trading with Meredith
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 Meredith 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 Meredith will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Laboratory could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laboratory 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 Laboratory - 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 Laboratory of to buy it.
The correlation of Laboratory 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 Laboratory moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laboratory 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 Laboratory 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Meredith Stock
If you are still planning to invest in Meredith check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meredith's history and understand the potential risks before investing.
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