Warren Lichtenstein - Steel Partners Chairman

SPLP Stock  USD 40.20  0.80  2.03%   

Chairman

Mr. Warren G. Lichtenstein is Executive Chairman of the Board of Steel Partners Holdings GP Inc., the General Partner of Steel Partners Holdings L.P. He served as the Chairman of the Board from July 15, 2009 to February 26, 2013 and has served as Executive Chairman since February 2013. He served as our Chief Executive Officer from July 15, 2009 until February 26, 2013, at which time he became our Executive Chairman. He has served as Chairman of the Board of Handy Harman Ltd., a NASDAQlisted, Delaware corporation in which the Company has a majority ownership interest, since July 2005. Mr. Lichtenstein served as the Chairman and Chief Executive Officer of Steel Partners Holdings GP Inc. from July 2009 to February 2013, and as Executive Chairman since February 2013. Steel Holdings GP is the general partner of the Company. Mr. Lichtenstein is the Chairman and Chief Executive Officer of Steel Partners LLC and was associated with Steel Partners and its affiliates since 1990. Since March 2013, Mr. Lichtenstein has served as Chairman of the Board of ModusLink Global Solutions, Inc., a NASDAQ company providing customized supply chain management services to the worlds leading high technology companies. Mr. Lichtenstein has served as a director of GenCorporationInc., a NYSElisted manufacturer of aerospace and defense products and systems with a real estate business segment, since March 2008 and has served as the Chairman of the Board since March 2013. Mr. Lichtenstein has served as a director of Steel Excel Inc., a company whose business currently consists of Steel Sports Inc. and Steel Energy Services Ltd., since October 2010 and Chairman of the Board since May 2011. since 2013.
Age 60
Tenure 12 years
Address 590 Madison Avenue, New York, NY, United States, 10022
Phone212 520 2300
Webhttps://www.steelpartners.com

Steel Partners Management Efficiency

The company has return on total asset (ROA) of 0.0337 % which means that it generated a profit of $0.0337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2371 %, meaning that it created $0.2371 on every $100 dollars invested by stockholders. Steel Partners' management efficiency ratios could be used to measure how well Steel Partners manages its routine affairs as well as how well it operates its assets and liabilities. As of 02/01/2025, Return On Equity is likely to grow to 0.15, while Return On Tangible Assets are likely to drop 0.02. At this time, Steel Partners' Total Current Liabilities is relatively stable compared to the past year. As of 02/01/2025, Liabilities And Stockholders Equity is likely to grow to about 4.8 B, while Non Current Liabilities Total is likely to drop slightly above 996.8 M.
Steel Partners Holdings currently holds 445.64 M in liabilities with Debt to Equity (D/E) ratio of 0.66, which is about average as compared to similar companies. Steel Partners Holdings has a current ratio of 1.23, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Steel Partners' use of debt, we should always consider it together with its cash and equity.

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Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 4500 people. Steel Partners Holdings (SPLP) is traded on New York Stock Exchange in USA. It is located in 590 Madison Avenue, New York, NY, United States, 10022 and employs 5,100 people. Steel Partners is listed under Industrial Conglomerates category by Fama And French industry classification.

Management Performance

Steel Partners Holdings Leadership Team

Elected by the shareholders, the Steel Partners' board of directors comprises two types of representatives: Steel Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steel. The board's role is to monitor Steel Partners' management team and ensure that shareholders' interests are well served. Steel Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steel Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
John McNiff, Independent Director of the General Partner
Joseph JD, Chief Officer
Douglas Woodworth, CFO, Senior Vice President of the General Partner
Gordon Walker, Senior Vice President
Rory Yanchek, President of MTI
Richard Neal, Independent Director of the General Partner
Ryan OHerrin, Chief Officer
Joseph Martin, Chief Officer
Stephanie Mckinney, Chief Human Resource Officer
Peter Marciniak, VP HR
Jason Wong, Chief Financial Officer
Maria Reda, Assistant Inc
Jack Howard, President of Steel Partners Holdings GP Inc and Director of Steel Partners Holdings GP Inc
Lon Rosen, Independent Director of the General Partner
Warren Lichtenstein, Executive Chairman of Steel Partners Holdings GP Inc and CEO of Steel Partners Holdings GP Inc
Gary Tankard, Chief Inc
James Benenson, Independent Director of the General Partner
Eric Karros, Independent Director of the General Partner
Rory Tahari, Independent Director of the General Partner
Rich Ballenger, President of Lucas-Milhaupt

Steel 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 Steel Partners 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.

Pair Trading with Steel Partners

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 Steel Partners 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 Steel Partners will appreciate offsetting losses from the drop in the long position's value.

Moving against Steel Stock

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The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners 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 Steel Partners - 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 Steel Partners Holdings to buy it.
The correlation of Steel Partners 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 Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings 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 Steel Partners 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.
Pair CorrelationCorrelation Matching

Additional Tools for Steel Stock Analysis

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