Peter Wege - Steelcase Independent Director

SCS Stock  USD 13.04  0.03  0.23%   

Director

Mr. Peter M. Wege, II. is Independent Director of the Company. Mr. Wege II was Chairman of the Board of Directors of Contract Pharmaceuticals Ltd., a manufacturer and distributor of prescription and overthecounter pharmaceuticals, since 2000. From 1981 to 1989, he held various positions at Steelcase, including President of Steelcase Canada Ltd. Mr. Weges experience with our company, having served as a director for over 35 years and as an employee for 8 years, and his understanding of the longterm interests of our company and its shareholders led the Board of Directors to recommend that he should serve as a director. since 1979.
Age 71
Tenure 45 years
Address 901 44th Street SE, Grand Rapids, MI, United States, 49508
Phone616 247 2710
Webhttps://www.steelcase.com

Peter Wege Latest Insider Activity

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

Steelcase Management Efficiency

The company has Return on Asset of 0.039 % which means that on every $100 spent on assets, it made $0.039 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1412 %, implying that it generated $0.1412 on every 100 dollars invested. Steelcase's management efficiency ratios could be used to measure how well Steelcase manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.07 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. At this time, Steelcase's Non Currrent Assets Other are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 995.9 M in 2024.
Steelcase has 630 M in debt with debt to equity (D/E) ratio of 0.97, which is OK given its current industry classification. Steelcase has a current ratio of 1.28, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Steelcase to invest in growth at high rates of return.

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Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people. Steelcase (SCS) is traded on New York Stock Exchange in USA. It is located in 901 44th Street SE, Grand Rapids, MI, United States, 49508 and employs 11,300 people. Steelcase is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

Steelcase Leadership Team

Elected by the shareholders, the Steelcase's board of directors comprises two types of representatives: Steelcase inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steelcase. The board's role is to monitor Steelcase's management team and ensure that shareholders' interests are well served. Steelcase'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, Steelcase's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd Kelsey, Independent Director
Peter Wege, Independent Director
Michael OMeara, Director Analysis
Steve Miller, VP Officer
Catherine Schmetler, Independent Director
Peter Lewchanin, President APAC
James Ludwig, Vice President - Global Design and Product Engineering
Terrence Lenhardt, Chief Information Officer, Vice President
Kate Wolters, Independent Director
Lizbeth OShaughnessy, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
David Sylvester, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
Raj Mehan, Vice Treasurer
James Keane, CEO and President Director and Member of Executive Committee
Gale Moutrey, Vice President - Communications
Sara Armbruster, Vice President - Strategy, Research and New Business Innovation
Robin Zondervan, Chief Accounting Officer, Vice President, Corporate Controller
Linda Williams, Independent Director
Ulrich Gwinner, President , Asia Pacific
Nicole Mcgrath, Corporate VP
Donna Flynn, Vice President - Global Talent Management
Cathy Ross, Independent Director
Eddy Schmitt, Senior Vice President , Americas
Lawrence Blanford, Independent Director
Timothy Brown, Independent Director
Robert Pew, Chairman of the Board, Lead Non - Management Director
Guillaume Alvarez, Senior Vice President - EMEA
David CPA, Senior CFO
Steven Miller, VP CTO
Allan Smith, Senior Vice President, Chief Revenue Officer
Robert Krestakos, Vice President - Global Operations
Connie Duckworth, Independent Director
Jennifer Niemann, Director

Steelcase 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 Steelcase 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

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Additional Tools for Steelcase Stock Analysis

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