Robert McCormick - Douglas Dynamics CEO

PLOW Stock  USD 25.30  0.53  2.14%   

CEO

Mr. Robert L. McCormick was appointed President, Chief Executive Officer, Director effective January 1, 2019. Previously, Mr. McCormick served as our Chief Operating Officer from August 2017 until January 2019. Prior to becoming Chief Operating Officer, Mr. McCormick served as our Executive Vice President and Chief Financial Officer from September 2004 through August 2017, as our Secretary from May 2005 through August 2017, as our Assistant Secretary from September 2004 to May 2005 and as our Treasurer from September 2004 through December 2010. Prior to joining us, Mr. McCormick served as President and Chief Executive Officer of Xymox Technology Inc. from 2001 to 2004. Prior to that, Mr. McCormick served in various capacities in the Newell Rubbermaid Corporationrationration, including President from 2000 to 2001 and Vice President Group Controller from 1997 to 2000. since 2019.
Age 63
Tenure 5 years
Address 11270 West Park Place, Milwaukee, WI, United States, 53224
Phone414 354 2310
Webhttps://www.douglasdynamics.com

Robert McCormick Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert McCormick against Douglas Dynamics stock is an integral part of due diligence when investing in Douglas Dynamics. Robert McCormick insider activity provides valuable insight into whether Douglas Dynamics is net buyers or sellers over its current business cycle. Note, Douglas Dynamics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Douglas Dynamics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Douglas Dynamics Management Efficiency

The company has return on total asset (ROA) of 0.0442 % which means that it generated a profit of $0.0442 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2223 %, meaning that it created $0.2223 on every $100 dollars invested by stockholders. Douglas Dynamics' management efficiency ratios could be used to measure how well Douglas Dynamics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.07 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, Douglas Dynamics' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 11.3 M in 2024, whereas Other Current Assets are likely to drop slightly above 4.8 M in 2024.
Douglas Dynamics currently holds 256.7 M in liabilities with Debt to Equity (D/E) ratio of 1.31, which is about average as compared to similar companies. Douglas Dynamics has a current ratio of 2.06, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Douglas Dynamics' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Found 7 records

CEO Age

Jonathan DeGaynorStoneridge
57
Michael DennisonFox Factory Holding
56
Michael BroderickMonro Muffler Brake
56
Sachin LawandeVisteon Corp
57
Eric SillsStandard Motor Products
55
Raymond ScottLear Corporation
59
Kevin CPADorman Products
52
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin. Douglas Dynamics operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 1436 people. Douglas Dynamics (PLOW) is traded on New York Stock Exchange in USA. It is located in 11270 West Park Place, Milwaukee, WI, United States, 53224 and employs 1,885 people. Douglas Dynamics is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification.

Management Performance

Douglas Dynamics Leadership Team

Elected by the shareholders, the Douglas Dynamics' board of directors comprises two types of representatives: Douglas Dynamics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Douglas. The board's role is to monitor Douglas Dynamics' management team and ensure that shareholders' interests are well served. Douglas Dynamics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Douglas Dynamics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lisa Bacus, Independent Director
Mark Genderen, President Attachments
Shannan Vlieger, Director Excellence
Sarah Lauber, Chief Financial Officer and Secretary and Principal Financial Officer
Kenneth Krueger, Independent Director
Donald Sturdivant, Independent Director
James Janik, Non-Executive Chairman of the Board
Margaret Dano, Independent Director
Jonathon Sievert, President - Work Truck Solutions
Nathan Elwell, Vice Relations
James Packard, Independent Director
Robert McCormick, President, Chief Executive Officer, Director, President - Work Truck Solutions
Jon Sisulak, Corporate VP
James Staley, Lead Independent Director
Jesse Pilachowski, Director Development
Keith Hagelin, President - Work Truck Attachments
Linda Evans, Vice President - Human Resources

Douglas 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 Douglas Dynamics 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Douglas Stock Analysis

When running Douglas Dynamics' price analysis, check to measure Douglas Dynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Douglas Dynamics is operating at the current time. Most of Douglas Dynamics' value examination focuses on studying past and present price action to predict the probability of Douglas Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Douglas Dynamics' price. Additionally, you may evaluate how the addition of Douglas Dynamics to your portfolios can decrease your overall portfolio volatility.