William Weideman - Olin Lead Independent Director
OLN Stock | USD 42.87 0.85 2.02% |
Director
Mr. William H. Weideman is Lead Independent Director of the Company. He was Independent Director of Olin Corporationrationration. He retired in January 2015, from his position as Chief Financial Officer and Executive Vice President of The Dow Chemical Company, now known as DowDuPont Inc., a position he held since March 2010. Prior to that, Mr. Weideman served as an Interim Chief Financial Officer from November 2009 to March 2010, and Executive Vice President of Finance, Dow Agrosciences Corporationrationrate Strategic Development from April 2010 to September 2012, all at Dow. He joined Dow in 1976 as a Cost Accountant in Midland, Michigan and held a variety of accounting and controller roles for different Dow businesses. Olins board of directors has determined that Mr. Weideman qualifies as an audit committee financial expert for Olin under applicable SEC rules. Mr. Weideman earned a bachelors degree in business administration and accounting from Central Michigan University. He is on the board of directors of the MidMichigan Medical Center and is on the board of trustees for Central Michigan University. From October 30, 2011 until December 31, 2015, he served as a director of Sadara Chemical Company and from August 30, 2000 until December 31, 2015, he was a director of the Dow Chemical Employees Credit Union. Olin director since October 2015 Lead Director Chair of the Audit Committee and a member of the Compensation Committee, Directors and Corporationrationrate Governance Committee and Executive Committee. Mr. Weidemans extensive history with Dow provides him with valuable financial and business administration expertise. since 2018.
Age | 66 |
Tenure | 6 years |
Address | 190 Carondelet Plaza, Clayton, MO, United States, 63105 |
Phone | 314 480 1400 |
Web | https://www.olin.com |
William Weideman Latest Insider Activity
Tracking and analyzing the buying and selling activities of William Weideman against Olin stock is an integral part of due diligence when investing in Olin. William Weideman insider activity provides valuable insight into whether Olin is net buyers or sellers over its current business cycle. Note, Olin insiders must abide by specific rules, including filing SEC forms every time they buy or sell Olin'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
William Weideman over a year ago Acquisition by William Weideman of 727 shares of Olin subject to Rule 16b-3 |
Olin Management Efficiency
The company has Return on Asset of 0.0317 % which means that on every $100 spent on assets, it made $0.0317 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0645 %, implying that it generated $0.0645 on every 100 dollars invested. Olin's management efficiency ratios could be used to measure how well Olin manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Olin's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Equity is likely to grow to 0.22, while Return On Capital Employed is likely to drop 0.07. At this time, Olin's Deferred Long Term Asset Charges is very stable compared to the past year. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.08, while Other Current Assets are likely to drop about 34.7 M.Similar Executives
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Management Performance
Return On Equity | 0.0645 | ||||
Return On Asset | 0.0317 |
Olin Leadership Team
Elected by the shareholders, the Olin's board of directors comprises two types of representatives: Olin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Olin. The board's role is to monitor Olin's management team and ensure that shareholders' interests are well served. Olin'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, Olin's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Weideman, Lead Independent Director | ||
Deon Carter, VP Vinyls | ||
Todd CPA, Senior CFO | ||
John Fischer, Chairman of the Board, President, Chief Executive Officer | ||
Florian Kohl, Vice Epoxy | ||
Randee Sumner, Vice President Controller | ||
Eric Blanchard, Vice President General Counsel, Secretary | ||
Beverley Babcock, Independent Director | ||
Matthew Darnall, Independent Director | ||
Steve Keenan, Director Relations | ||
Damian Gumpel, Vice President and President, Epoxy and Corporate Strategy | ||
W Hauptfuhrer, Independent Director | ||
Earl Shipp, Independent Director | ||
James Varilek, Executive Vice President and Presidentident - Chlor Alkali Vinyls and Services | ||
C Bunch, Independent Director | ||
Patrick Schumacher, Vice President and President, Chlor Alkali Products Vinyls | ||
Pat Dawson, Executive Vice President and President - Epoxy and International | ||
Teresa Vermillion, Vice President Treasurer | ||
Valerie Peters, Vice President of Human Resources | ||
John OConnor, Independent Director | ||
Brett Flaugher, Vice President and President - Winchester | ||
Scott Sutton, Chairman of the Board, President, Chief Executive Officer | ||
Todd Slater, Chief Financial Officer, Senior Vice President | ||
Dana JD, General VP | ||
Vincent Smith, Independent Director | ||
Nicholas Hendon, Assistant Secretary | ||
Kenneth Lane, CEO President | ||
John Sampson, Vice President Vice President - Manufacturing and Engineering, Chlor Alkali Vinyls, Epoxy and Global Chlorinated Organics | ||
Heidi Alderman, Independent Director | ||
Gray Benoist, Independent Director | ||
Scott Ferguson, Independent Director | ||
Dana Brien, Senior Vice President General Counsel, Company Secretary | ||
Dana OBrien, General VP | ||
W Will, Independent Director | ||
Carol Williams, Independent Director |
Olin 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 Olin 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 | 0.0645 | ||||
Return On Asset | 0.0317 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.02 % | ||||
Current Valuation | 7.98 B | ||||
Shares Outstanding | 116.6 M | ||||
Shares Owned By Insiders | 0.28 % | ||||
Shares Owned By Institutions | 90.32 % | ||||
Number Of Shares Shorted | 2.17 M | ||||
Price To Earning | 6.09 X |
Pair Trading with Olin
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 Olin 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 Olin will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Olin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olin 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 Olin - 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 Olin Corporation to buy it.
The correlation of Olin 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 Olin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olin 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 Olin 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. 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. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Commodity Chemicals 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 Olin. If investors know Olin 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 Olin 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 (0.45) | Dividend Share 0.8 | Earnings Share 1.26 | Revenue Per Share 54.448 | Quarterly Revenue Growth (0.05) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin'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 Olin's market value can be influenced by many factors that don't directly affect Olin'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 Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin'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.