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
Phone314 480 1400
Webhttps://www.olin.com
Weideman earned a bachelor’s degree in business administration and accounting from Central Michigan University. He is a director 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; member of the Audit Committee and the Directors and Corporationrationrationrate Governance Committee.

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.

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.
Olin Corporation has 3.02 B in debt with debt to equity (D/E) ratio of 1.16, which is OK given its current industry classification. Olin has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Olin to invest in growth at high rates of return.

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Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri. Olin Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 7750 people. Olin Corporation (OLN) is traded on New York Stock Exchange in USA. It is located in 190 Carondelet Plaza, Clayton, MO, United States, 63105 and employs 7,326 people. Olin is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

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.

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.
Pair CorrelationCorrelation Matching
When determining whether Olin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Olin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Olin Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olin Corporation Stock:
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.