David Fraser - Open Text Independent Director
| OTEX Stock | CAD 41.17 0.39 0.96% |
Director
MajorGeneral David Fraser is Independent Director of the Company. He is the President of Aegis Six Corporation of Toronto. Mr. Fraser was commissioned as an Infantry Officer following graduation from Carleton University with a Bachelor of Arts in 1980. He served in various command and staff positions in the Princess Patricias Canadian Light Infantry from platoon to Division throughout an illustrious 30 year career. Most notable, he commanded the NATO coalition in southern Afghanistan in 2006. He is a graduate of the Canadian Forces Command and Staff College in Toronto, holds a Masters of Management and Policy and is a graduate of the United States Capstone Program . His honors and awards including the Commander of Military Merit, the Canadian Meritorious Service Cross, the Meritorious Service Medal, the United States Legion of Honor and Bronze Star, and awards from the Netherlands, Poland, and NATO. He is the recipient of the Vimy award for contributions to leadership and international affairs and the Atlantic Council Award for international leadership. Upon his departure from the military, Mr. Fraser joined the private sector and, along with his partners, created Blue Goose Pure Foods. Mr. Fraser joined INKAS Armored Vehicle Manufacturing as their Chief Operating Officer in 2015. In 2016, he founded Aegis Six Corporationrationration, which aims at addressing the needs of capacity building abroad and for the private sector within Canada. Mr. Fraser currently works with the Bank of Montreal on their Canadian Defence Community Banking Program, serves as a director of Route1, Inc. and is a member of The Princes Charities Advisory Council as well as the Conference of Defence Association board since 2018.
| Age | 62 |
| Tenure | 6 years |
| Address | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 |
| Phone | 519 888 7111 |
| Web | https://www.opentext.com |
Open Text Management Efficiency
The company has return on total asset (ROA) of 0.0427 % which means that it generated a profit of $0.0427 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.115 %, meaning that it generated $0.115 on every $100 dollars invested by stockholders. Open Text's management efficiency ratios could be used to measure how well Open Text manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Open Text's Return On Capital Employed is very stable compared to the past year. As of the 25th of November 2024, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.06. At this time, Open Text's Debt To Assets are very stable compared to the past year. As of the 25th of November 2024, Fixed Asset Turnover is likely to grow to 12.75, though Net Tangible Assets are likely to grow to (7.5 B).Similar Executives
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| Michael Boychuk | GDI Integrated | 63 | |
| Alan Schwartz | Dorel Industries | 72 | |
| Carl Youngman | GDI Integrated | 76 | |
Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0427 |
Open Text Corp Leadership Team
Elected by the shareholders, the Open Text's board of directors comprises two types of representatives: Open Text inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Open. The board's role is to monitor Open Text's management team and ensure that shareholders' interests are well served. Open Text'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, Open Text's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Sweeney, Executive Officer | ||
| Craig Stilwell, Executive Vice President General Manager SMB and Consumer | ||
| Michael Acedo, Chief VP | ||
| Sandy Ono, Executive Officer | ||
| Simon Harrison, Executive Vice President - Worldwide Sales | ||
| Stephen Sadler, Director | ||
| Muhieddine Majzoub, Executive Vice President, Chief Product Officer | ||
| Shannon Bell, Executive Officer | ||
| Cosmin Balota, Senior Officer | ||
| Gordon Davies, Executive Vice President, Chief Legal Officer and Corporate Development | ||
| Paul Rodgers, Executive Operations | ||
| Prentiss Donohue, Executive Sales | ||
| Carl Tinggren, Independent Director | ||
| Christopher McGourlay, Executive Sales | ||
| Madhu Ranganathan, Chief Financial Officer, Executive Vice President | ||
| Douglas Parker, Senior Vice President - Corporate Development | ||
| Howard CPA, VP Officer | ||
| Denise Miura, Senior Japan | ||
| Katharine Stevenson, Independent Director | ||
| Renee McKenzie, Ex Officer | ||
| Michael Slaunwhite, Independent Director | ||
| P Jenkins, Independent Chairman of the Board | ||
| David Fraser, Independent Director | ||
| Harry Blount, Senior Relations | ||
| Randy Fowlie, Lead Independent Director | ||
| Jen Bell, Vice Officer | ||
| Paul Duggan, Executive Officer | ||
| Gail Hamilton, Independent Director | ||
| Muhi Majzoub, Executive Vice President - Engineering | ||
| Harmit Singh, Independent Director | ||
| Mark Barrenechea, Chief Executive Officer, Vice Chairman of the Board, Chief Technology Officer | ||
| Deborah Weinstein, Independent Director | ||
| Todd Cione, President Sales | ||
| Gabrielle Sukman, Investor Advisor |
Open 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 Open Text 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 | 0.12 | ||||
| Return On Asset | 0.0427 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 18.88 B | ||||
| Shares Outstanding | 265.88 M | ||||
| Shares Owned By Insiders | 2.09 % | ||||
| Shares Owned By Institutions | 78.05 % | ||||
| Number Of Shares Shorted | 3.44 M | ||||
| Price To Earning | 97.96 X |
Pair Trading with Open Text
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 Open Text 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 Open Text will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Open Text could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Text 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 Open Text - 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 Open Text Corp to buy it.
The correlation of Open Text 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 Open Text moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Text Corp 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 Open Text 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 Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.