Maury Marks - Quorum Information President, Chief Executive Officer, Director

QIS Stock  CAD 0.82  0.06  6.82%   

CEO

Mr. Maury R. Marks serves as President, Chief Executive Officer, Director of Quorum Information Technologies Inc. Throughout his career, Maury Marks has established himself as a visionary in the automotive retail technology industry. As one of the original founders, and as the President and CEO of Quorum Information Technologies, Maury has created a company that is committed to building and providing the best dealership management system in the world. In 1988, Maury earned a Bachelor of Management from the University of Lethbridge in Alberta, Canada. In 1991, he received his Chartered Accountants designation after articling with Deloitte and Touche in Calgary. At Deloitte and Touche, Maury first worked in the accounting practice, Later, he moved to the firms technology consulting practice where he worked with many different companies to select and implement technology and systems to support their business needs. He left Deloitte and Touche in 1992 and began his own practice of technology consulting for small businesses. It was during this time that his family turned to him to find a new dealer management system for their dealership. Having thoroughly evaluated the market and its offerings, Maury concluded that the industry had largely stagnated and the idea for forming Quorum was conceived.
Address B28, Calgary, AB, Canada, T2H 2L8
Phone403 777 0036
Webhttps://www.quoruminformationsystems.com

Quorum Information Management Efficiency

The company has return on total asset (ROA) of 0.0384 % which means that it generated a profit of $0.0384 on every $100 spent on assets. This is way below average. Quorum Information's management efficiency ratios could be used to measure how well Quorum Information manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.01 in 2024. Return On Capital Employed is likely to climb to 0.06 in 2024. At this time, Quorum Information's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 2.6 M in 2024, whereas Total Current Assets are likely to drop slightly above 5.3 M in 2024.
Quorum Information Technologies has accumulated 12.94 M in total debt with debt to equity ratio (D/E) of 0.44, which is about average as compared to similar companies. Quorum Information has a current ratio of 3.14, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Quorum Information until it has trouble settling it off, either with new capital or with free cash flow. So, Quorum Information'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 Quorum Information sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quorum to invest in growth at high rates of return. When we think about Quorum Information's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CEO Age

Craig CampbellAvante Logixx
N/A
Jason SiemensNamSys Inc
N/A
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. Quorum Information Technologies Inc. was founded in 1996 and is headquartered in Calgary, Canada. Quorum Information operates under SoftwareApplication classification in Exotistan and is traded on Commodity Exchange. Quorum Information Technologies (QIS) is traded on TSX Venture Exchange in Canada and employs 22 people. Quorum Information is listed under Application Software category by Fama And French industry classification.

Management Performance

Quorum Information Leadership Team

Elected by the shareholders, the Quorum Information's board of directors comprises two types of representatives: Quorum Information inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quorum. The board's role is to monitor Quorum Information's management team and ensure that shareholders' interests are well served. Quorum Information'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, Quorum Information's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jen Phillips, Director Management
Mike Herenberg, Chief Operating Officer
D McDonnell, Director
Greg Pollard, Director
Scott Maroni, Director Training
Michael McGarvey, Director Improvement
Scot Eisenfelder, Independent Chairman of the Board
Joseph Campbell, Director
Lana Murphy, Director Operations
Maury Marks, President, Chief Executive Officer, Director
Darren Hawthorne, Director Technology
Andrea Noseworthy, Human Director
Jane Webb, Vice Marketing
Bruce Atkinson, Vice Operations
Robert Quirion, President Inc
Jordan Copland, Chief Financial Officer, Executive Vice President
BCom CGA, Chief Officer
CA BMgt, President, Founder
Neil McDonnell, Director
Jonathan Hook, Director
Robert Proia, Director - OEM Partnerships
William Nurthen, Director

Quorum 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 Quorum Information 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information's 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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.