Geert Verellen - Maple Leaf Chief Financial Officer

MFI Stock  CAD 22.61  0.01  0.04%   

CFO

Geert Verellen is Chief Financial Officer of Maple Leaf Foods since 2020.
Tenure 4 years
Address 6985 Financial Drive, Mississauga, ON, Canada, L5N 0A1
Phone905 285 5000
Webhttps://www.mapleleaffoods.com

Maple Leaf Management Efficiency

The company has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0221 %, meaning that it generated $0.0221 on every $100 dollars invested by stockholders. Maple Leaf's management efficiency ratios could be used to measure how well Maple Leaf manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to -0.03. In addition to that, Return On Capital Employed is likely to grow to -0.0068. At this time, Maple Leaf's Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Other Current Assets is likely to grow to about 50.3 M, while Total Assets are likely to drop about 3.1 B.
Maple Leaf Foods has accumulated 2.13 B in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Maple Leaf Foods has a current ratio of 1.64, which is within standard range for the sector. Debt can assist Maple Leaf until it has trouble settling it off, either with new capital or with free cash flow. So, Maple Leaf'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 Maple Leaf Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Maple to invest in growth at high rates of return. When we think about Maple Leaf's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CFO Age

Michael BorysAutocanada
62
Constantine PefanisLeons Furniture Limited
N/A
Maple Leaf Foods Inc. operates as a consumer protein company. It primarily markets its products in Canada, the United States, and Asia. MAPLE LEAF operates under Packaged Foods classification in Canada and is traded on Toronto Stock Exchange. It employs 13500 people. Maple Leaf Foods (MFI) is traded on Toronto Exchange in Canada and employs 13,500 people. Maple Leaf is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

Maple Leaf Foods Leadership Team

Elected by the shareholders, the Maple Leaf's board of directors comprises two types of representatives: Maple Leaf inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Maple. The board's role is to monitor Maple Leaf's management team and ensure that shareholders' interests are well served. Maple Leaf'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, Maple Leaf's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bentley Brooks, Senior Vice President General Manager - Fresh Poultry
Rory McAlpine, Senior Vice President, Government and Industry Relations
Andreas Liris, Chief Information Officer
Suzanne Hathaway, Senior Vice President General Counsel, Corporate Secretary
Ian Henry, Chief Human Resource Officer, Senior Vice President
Stephane Dubreuil, Senior Development
Dennis Organ, President Complex
JONATHAN MCCAIN, Director
David Smales, Chief Officer
William Beattie, Chairman of the Board
Jean Fraser, Independent Director
Lynda Kuhn, Senior Vice President, Public Affairs and Purpose Champion
KATHERINE LEMON, Independent Director
Glen Gratton, Vice President - Maple Leaf Agri-Farms
Rocco Cappuccitti, Senior Vice President - Transactions and Administration, Corporate Secretary
Iain Stewart, Senior Vice President - Operations, Supply Chain and Purchasing
Michael Rawle, Vice President - Finance, Treasurer
Janet Craig, Vice Relations
Adam Grogan, Senior Vice President - Marketing and Innovation
John Lederer, Independent Director
Richard Young, Executive Vice President - Transformation of Maple Leaf Consumer Foods
Jumoke Fagbemi, Senior People
William Aziz, Independent Director
Jonathan Sawatzky, Vice President - Maple Leaf Agri - Farms
Robert Lorimer, Senior Vice President - Retail Sales
Nadia Theodore, Senior Vice President - Global Industry and Government Relations
Casey Richards, Senior Vice President of Marketing and Innovation
Joshua Kuehnbaum, Senior Vice President - Foodservice Sales and Marketing
Michael McCain, President, Chief Executive Officer, Director
Carol Stephenson, Independent Director
Randall Huffman, Chief Food Safety Officer and Senior Vice President - Quality and Six Sigma
Timothy Hockey, Independent Director
Patrick Lutfy, Senior Marketing
Stephen Elmer, Vice President and Corporate Controller
Ronald Close, Independent Director
Rene Mclean, Vice President - Business Finance
OC BBA, Executive Chairman
Curtis Frank, Senior Vice President - Retail Sales
Geert Verellen, Chief Financial Officer

Maple 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 Maple Leaf 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 Maple Leaf

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 Maple Leaf 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 Maple Leaf will appreciate offsetting losses from the drop in the long position's value.

Moving against Maple Stock

  0.4QBR-A QuebecorPairCorr
The ability to find closely correlated positions to Maple Leaf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Leaf 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 Maple Leaf - 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 Maple Leaf Foods to buy it.
The correlation of Maple Leaf 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 Maple Leaf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Leaf Foods 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 Maple Leaf 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 Maple Stock

Maple Leaf financial ratios help investors to determine whether Maple 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 Maple with respect to the benefits of owning Maple Leaf security.