| OT7 Stock | | | EUR 7.97 0.04 0.50% |
Chairman
Mr. Luc Missorten was NonExecutive Independent Chairman of the Board of Ontex Group N.V. since April 10, 2015. He was appointed as Independent Director of Ontex Group NV as of June 30, 2014. He is Member of the Audit and Risk Committee and the Remuneration and Nomination Committee. He is permanent representative of Revalue BVBA. Mr. Missorten holds a law degree from the Catholic University of Leuven, a Certificate of Advanced European Studies from the College of Europe, Bruges and an LL.M from the University of California, Berkeley. In the past, he served as a Vice President of Citibank from 1981 to 1990, and held the function of Corporationrationrate Finance Director for Interbrew from 1990 to 1995. From 1995 to 1999, he served as CFO for Labatt Brewing Company. Afterwards, Mr. Missorten held the function of CFO at Interbrew from 1999 until 2003, and of CFO at UCB from 2003 to 2007. Mr. Missorten was the Chief Executive Officer and a board member of Corelio from 2007. As from September 2014, he resigned as Chief Executive Officer from Corelio but remains a board member of Corelio to date. Currently, he is also an Independent Director of Barco, chairs its audit committee and is a member of its remuneration committee. In addition, he is an Independent Director of GIMV, where he chairs the audit committee. Further, Mr. Missorten is an Independent Director at Recticel, where he chairs the audit committee and is a member of its remuneration committee since 2015.
| Age | 68 |
| Tenure | 9 years |
| Phone | 32 5 333 36 00 |
| Web | https://ontex.com |
Missorten is also an Independent Director at Scandinavian Tobacco Group and independent board member at Mateco.
Ontex Group Management Efficiency
Ontex Group's management efficiency ratios could be used to measure how well Ontex Group manages its routine affairs as well as how well it operates its assets and liabilities.
Ontex Group NV has accumulated 793
M in total debt with debt to equity ratio
(D/E) of 75.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ontex Group NV has a current ratio of 1.23, suggesting that it
may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Ontex Group until it has trouble settling it off, either with new capital or with free cash flow. So, Ontex Group'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 Ontex Group NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ontex to invest in growth at high rates of return. When we think about Ontex Group's use of debt, we should always consider it together with cash and equity.
Similar Executives
Ontex Group NV manufactures and sells personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, and internationally. Ontex Group NV was founded in 1979 and is headquartered in Erembodegem, Belgium. Ontex Group is traded on Frankfurt Stock Exchange in Germany. Ontex Group NV (OT7) is traded on Frankfurt Exchange in Germany and employs 9,049 people.
Management Performance
Ontex Group NV Leadership Team
Elected by the shareholders, the Ontex Group's board of directors comprises two types of representatives: Ontex Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ontex. The board's role is to monitor Ontex Group's management team and ensure that shareholders' interests are well served. Ontex Group'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, Ontex Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Laurent Nielly, Pres Division | |
| Stephanie McDonald, Chief Officer | |
| Gaelle Vilatte, Head Communications | |
| Luc Missorten, Chairman of the Board | |
| Annick Poorter, Group Research and Development and Quality Director | |
| Axel Lobel, Ex Operations | |
| Philip Ludwig, Head Communications | |
| Gustavo Paz, Chief Officer | |
| Peter Vanneste, CFO IT | |
| Jonas Deroo, Exec Sec | |
Ontex 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 Ontex Group 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
Other Information on Investing in Ontex Stock
Ontex Group financial ratios help investors to determine whether Ontex 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 Ontex with respect to the benefits of owning Ontex Group security.