Pat DEramo - Martinrea International President, Chief Executive Officer, Director

MRE Stock  CAD 10.22  0.26  2.61%   

CEO

Mr. Pat DEramo serves as President, Chief Executive Officer, Director of Martinrea International Inc. He joined the Company as President and Chief Executive Officer in November, 2014 and was elected to the Board of Directors in June, 2015. Mr. DEramo has had a long and career in the automotive business, with extensive metalforming and parts manufacturing experience. Most recently, he was the President of Dana Corporations Commercial Vehicle Technology group, leading the global heavy truck driveline business, with presence in the Americas, Europe, India, Australia and a major joint venture in China. Previously, he was the Chief Manufacturing Officer, Asia Pacific, North America and South America and President North America for Benteler Automotive, a world leading automotive metalforming company. As President, Mr. DEramo was responsible for manufacturing, engineering, purchasing, logistics, sales and business development. From 2001 to 2009, Mr. DEramo worked for Toyota, serving as a Vice President of manufacturing after holding several general manager roles. As Vice President, he had responsibility for all vehicle manufacturing operations in Toyotas Georgetown, Kentucky assembly plant, Toyotas second largest facility globally, which earned JD Power quality awards for one of the best facilities for quality in the world. Prior to that, Mr. DEramo spent 16 years with General Motors working in a variety of manufacturing positions, including plant manager of GMs metal fabricating division in Oshawa, Ontario and manager of the stamping plant for NUMMI, the joint venture of GM and Toyota. Mr. DEramo began his automotive career at Saturn Corporation since 2015.
Age 56
Tenure 9 years
Phone416 749 0314
Webhttps://www.martinrea.com
D’Eramo earned a BS degree in mechanical engineering from Michigan State University and a master’s degree in manufacturing management from Kettering University. He also completed the Toyota Executive Development Program through The Wharton School of the University of Pennsylvania.

Martinrea International Management Efficiency

The company has return on total asset (ROA) of 0.0449 % which means that it generated a profit of $0.0449 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0943 %, meaning that it generated $0.0943 on every $100 dollars invested by stockholders. Martinrea International's management efficiency ratios could be used to measure how well Martinrea International manages its routine affairs as well as how well it operates its assets and liabilities.
Martinrea International has accumulated 1.23 B in total debt with debt to equity ratio (D/E) of 0.97, which is about average as compared to similar companies. Martinrea International has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Martinrea International until it has trouble settling it off, either with new capital or with free cash flow. So, Martinrea International'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 Martinrea International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Martinrea to invest in growth at high rates of return. When we think about Martinrea International's use of debt, we should always consider it together with cash and equity.

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Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. Martinrea International Inc. was founded in 1987 and is headquartered in Vaughan, Canada. MARTINREA INTERNATIONAL operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 17000 people. Martinrea International (MRE) is traded on Toronto Exchange in Canada and employs 19,000 people. Martinrea International is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Martinrea International Leadership Team

Elected by the shareholders, the Martinrea International's board of directors comprises two types of representatives: Martinrea International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Martinrea. The board's role is to monitor Martinrea International's management team and ensure that shareholders' interests are well served. Martinrea International'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, Martinrea International's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sandra Pupatello, Independent Director
Kerri Pope, Director - Legal Services and Assistant Corporate Secretary
Robert Wildeboer, Executive Chairman, Member of Succession Planning and Search Committee and Chairman of Martinrea Honsel Group
Megan Hunter, Executive Vice President Procurement and Supply Chain Operations
Molly Shoichet, Independent Director
Mike Mike, Vice President Lean Manufacturing
Peter Cirulis, Executive Vice President Aluminum
Armando Pagliari, Executive Vice President - Human Resources
Frank DEramo, CEO Director
Bruce Johnson, Executive Vice President - Metallics
Robert Fairchild, Executive Vice President - Sales and Engineering
Terrence Lyons, Independent Director
Fred Olson, Lead Independent Director
Fred Tosto, Chief Financial Officer
Ganesh Iyer, Chief Information Officer and Vice President, Engineering
Roman Doroniuk, Independent Director
Deanna Lorincz, Global Marketing
Mike Leal, Vice President Lean Manufacturing
Larry Paine, Vice President Flexible Manufacturing Group
Alfredo Alonso, Executive Vice President - Fluids
David Schoch, Independent Director
Hany Morsy, Chief Internal Auditor
Pat DEramo, President, Chief Executive Officer, Director
Scott Balfour, Independent Director
Neil MBA, Director Development

Martinrea 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 Martinrea International 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 Martinrea International

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 Martinrea International 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 Martinrea International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Martinrea Stock

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Moving against Martinrea Stock

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

Martinrea International financial ratios help investors to determine whether Martinrea 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 Martinrea with respect to the benefits of owning Martinrea International security.