Charles Herington - Molson Coors Independent Director

TAP Stock  USD 55.23  0.25  0.45%   

Director

Mr. Charles M. Herington is Independent Director of Molson Coors Brewing Co. He has served as Vice Chairman and President at Zumba Fitness LLC since August 2013. In May 2018, he was appointed to the board of Gildan Activewear, Inc. and serves on the compensation and human resources committee as well as the corporate governance and social responsibility committee. He also sits on the boards of Klox Technologies and Hy Cite Enterprises LLC. He previously served as a director of NII Holding where he also served as Chairman of the compensation committee between 2003 and 2013. He also served as a director of our predecessor company, Adolph Coors Company, since 2003. From March 2006 to August 2012, he held positions of increasing responsibility leading up to office of the ChairmanEVP of Emerging and Developing Market Group at Avon Products Inc., a global consumer products company. From 1999 to 2006, Mr. Herington was President and Chief Executive Officer of AOL Latin America. Prior to that, he served as President at Revlon Latin America from 1997 to 1999. From 1990 to 1997, he held a variety of executive positions in several different geographies leading to division president with Pepsico Restaurant International. From 1981 to 1990, he held various marketing and executive positions in different countries at Procter Gamble since 2005.
Age 60
Tenure 20 years
Address PO Box 4030, Golden, CO, United States, 80401
Phone303 279 6565
Webhttps://www.molsoncoors.com
Herington holds a degree in Chemical Engineering and Systems from the Instituto Tecnologico y de Estudios Superiores de Monterrey.

Charles Herington Latest Insider Activity

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

Molson Coors Management Efficiency

The company has Return on Asset of 0.0407 % which means that on every $100 spent on assets, it made $0.0407 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0717 %, implying that it generated $0.0717 on every 100 dollars invested. Molson Coors' management efficiency ratios could be used to measure how well Molson Coors manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Molson Coors' Return On Tangible Assets are relatively stable compared to the past year. As of 01/22/2025, Return On Capital Employed is likely to grow to 0.06, while Return On Assets are likely to drop 0.04. At this time, Molson Coors' Total Current Liabilities is relatively stable compared to the past year. As of 01/22/2025, Liabilities And Stockholders Equity is likely to grow to about 31.8 B, though Change To Liabilities is likely to grow to (17.6 M).
Molson Coors Brewing has 6.27 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Molson Coors Brewing has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Molson to invest in growth at high rates of return.

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Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado. Molson Coors operates under BeveragesBrewers classification in the United States and is traded on New York Stock Exchange. It employs 16300 people. Molson Coors Brewing (TAP) is traded on New York Stock Exchange in USA. It is located in PO Box 4030, Golden, CO, United States, 80401 and employs 16,500 people. Molson Coors is listed under Beverages category by Fama And French industry classification.

Management Performance

Molson Coors Brewing Leadership Team

Elected by the shareholders, the Molson Coors' board of directors comprises two types of representatives: Molson Coors inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Molson. The board's role is to monitor Molson Coors' management team and ensure that shareholders' interests are well served. Molson Coors' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Molson Coors' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary FergusonMcHugh, Independent Director
Traci Mangini, Vice Relations
Charles Herington, Independent Director
Roxanne Stelter, Chief Accounting Officer, Vice President Controller
Hugh Riley, Independent Director
Brian Erhardt, Chief America
Douglas Tough, Independent Director
Andrew Molson, Chairman of the Board
James Winnefeld, Independent Director
Michelle Jacques, Chief Marketing Officer
Frederic Landtmeters, President and Chief Executive Officer of Molson Coors Canada
AnneMarie DAngelo, Chief Sec
Iain Napier, Independent Director
Natalie Maciolek, Chief Secretary
Roger Eaton, Independent Director
Sofia Colucci, Chief Officer
Sergey Yeskov, President and Chief Executive Officer of Molson Coors International
Peter Coors, Vice Chairman of the Board; Executive Director of Coors Brewing Co and Chairman of MillerCoors LLC
Tracey Joubert, Chief Financial Officer
Peter Marino, President - Emerging Growth
Rahul Goyal, Chief Officer
Greg Tierney, Vice Relations
Adam Collins, Chief Officer
Louis Vachon, Independent Director
Gavin Hattersley, Chief Executive Officer and President of MillerCoors
David Coors, Director
Dave Osswald, Chief Officer
Kevin Doyle, President Operations
Nessa OSullivan, Independent Director
Simon Cox, President and Chief Executive Officer - Molson Coors Europe
E Reichert, Chief Legal and Corporate Affairs Officer and Secretary
Julia Brown, Director
Geoffrey Molson, Vice Chairman of the Board

Molson 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 Molson Coors 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 Molson Coors

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 Molson Coors 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 Molson Coors will appreciate offsetting losses from the drop in the long position's value.

Moving together with Molson Stock

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

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