Glenn Reed - Old Republic Independent Director

ORI Stock  USD 38.55  0.33  0.86%   

Director

Mr. Glenn W. Reed is Independent Director of the Company since 2017.
Age 68
Tenure 7 years
Address 307 North Michigan Avenue, Chicago, IL, United States, 60601
Phone312 346 8100
Webhttps://www.oldrepublic.com
Reed served as a Managing Director of The Vanguard Group, Inc., one of the world’s largest assetmanagement firms until his retirement from the firm in 2017. While at Vanguard, Mr. Reed had overall responsibility for Vanguard’s corporate finance and mutual fund finance functions, most recently heading up the firm’s Strategy division. Prior to joining Vanguard in 2007, he served as general counsel for a multiline health and life insurance company following a 21year career in the partnership of the Chicagobased law firm of Gardner, Carton & Douglas . This longterm experience and deep knowledge gained in these fields of endeavor harmonize extremely well with the Company’s business needs and the Board’s governance objectives.

Old Republic Management Efficiency

The company has Return on Asset of 0.0286 % which means that on every $100 spent on assets, it made $0.0286 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1518 %, implying that it generated $0.1518 on every 100 dollars invested. Old Republic's management efficiency ratios could be used to measure how well Old Republic manages its routine affairs as well as how well it operates its assets and liabilities. The Old Republic's current Return On Tangible Assets is estimated to increase to 0.03. The Old Republic's current Return On Capital Employed is estimated to increase to 0.07. As of now, Old Republic's Return On Tangible Assets are increasing as compared to previous years. The Old Republic's current Return On Assets is estimated to increase to 0.03, while Non Current Assets Total are projected to decrease to under 302.4 M.
Old Republic International has 1.59 B in debt with debt to equity (D/E) ratio of 0.28, which may show that the company is not taking advantage of profits from borrowing. Old Republic Interna has a current ratio of 0.56, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Old to invest in growth at high rates of return.

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Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company was founded in 1923 and is based in Chicago, Illinois. Old Republic operates under InsuranceDiversified classification in the United States and is traded on New York Stock Exchange. It employs 9600 people. Old Republic International (ORI) is traded on New York Stock Exchange in USA. It is located in 307 North Michigan Avenue, Chicago, IL, United States, 60601 and employs 9,200 people. Old Republic is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Old Republic Interna Leadership Team

Elected by the shareholders, the Old Republic's board of directors comprises two types of representatives: Old Republic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Republic's management team and ensure that shareholders' interests are well served. Old Republic'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, Old Republic's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Heitkamp, Senior Vice President General Counsel, Secretary
Kivin Jones, Senior Officer
Spencer LeRoy, Senior Vice President General Counsel, Secretary
John Dixon, Independent Director
Thomas Dare, Senior Vice President General Counsel, Company Secretary
Mark Bilbrey, President Company
Steven Bateman, Independent Director
Lisa Caldwell, Independent Director
Peter McNitt, Independent Director
Veronica Romano, Senior Distribution
Rande Yeager, Senior Vice President - Title Insurance, Executive Chairman and Chief Executive Officer of Old Republic Title Insurance Companies
Harrington Bischof, Independent Director
Karl Mueller, Chief Financial Officer, Senior Vice President
Jeffrey Lange, Senior Distribution
Matt Bisig, President Marine
Dana LoncarGakovic, HR Director
Jimmy Dew, Independent Director
Fredricka Taubitz, Independent Director
Stephanie Richard, Senior CFO
Craig Smiddy, Executive Vice President and COO of Old Republic General Insurance Companies
Baird Allis, VP Counsel
Arnold Steiner, Lead Independent Director
Frank Sodaro, Chief Financial Officer, Senior Vice President
Carolyn Monroe, Senior Insurance
Francis Sodaro, CFO VP
William Gray, Executive President
Aldo Zucaro, Chairman of the Board, Chief Executive Officer, and Director
Phillip Schutt, Senior Vice President Deputy Chief Investment Officer
Aaron CPA, Senior Finance
Michael Kennedy, Independent Director
Todd Gray, Senior Vice President - Operations and Finance
Steven Walker, Independent Director
Aaron Jacoby, Senior Vice President - Corporate Development & Finance
Stephen Oberst, Executive Vice President
Glenn Reed, Independent Director
Charles Kovaleski, Independent Director
W Gray, Senior Vice President Treasurer
Cheryl Jones, Senior Vice President - National Benefits Director
Charles Boone, Senior Vice President - Investments, Treasurer
Michael Esq, Senior Officer
Barbara Adachi, Independent Director

Old 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 Old Republic 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.

Currently Active Assets on Macroaxis

When determining whether Old Republic Interna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Republic'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 Old Republic International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Republic International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Republic International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Property & Casualty Insurance 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 Old Republic. If investors know Old 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 Old Republic 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
5.952
Dividend Share
1.04
Earnings Share
3.49
Revenue Per Share
30.853
Quarterly Revenue Growth
0.33
The market value of Old Republic Interna is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Republic's value that differs from its market value or its book value, called intrinsic value, which is Old Republic'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 Old Republic's market value can be influenced by many factors that don't directly affect Old Republic'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 Old Republic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Republic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Republic'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.