Enis Erdogan - Vestel Elektronik CEO and Chairman of Executive Committee

VESTL Stock  TRY 62.55  0.15  0.24%   

Chairman

Mr. Enis Turan Erdogan serves as Chairman of the Executive Committee of Vestel Electronics Industry and Trade Corporationrationration. He obtained his bachelors degree in mechanical engineering from Istanbul Teknik Universitesi in 1976 and his MBA from Brunel University in the UK in 1979. Following his return to Turkey, he served in managerial positions in various companies in the private sector before joining Vestel in 1988. Having held several managerial positions at Vestel since 1988, Mr. Erdogan served as the Chairman of Vestel Foreign Trade and as an Executive Committee Member at Vestel Elektronik until 2013. Since January 1, 2013, Mr. Erdogan was serving as the CEO of Vestel Group of Companies. Mr. Erdogan served as the President of TURKTRADE for two periods between 2002 and 2006. He also served as a Board Member of Europes largest ICT Confederation, DIGITALEUROPE, between 2010 and 2014 as the first Turkish citizen to be elected.
Age 68
Professional MarksMBA
Phone90 212 456 22 00
Webhttps://www.vestel.com.tr
Erdogan received his Bachelors degree in Mechanical Engineering from Istanbul Teknik Universitesi in 1976, and his Masters degree in Production Management from Brunel University in 1980.

Vestel Elektronik Management Efficiency

The company has return on total asset (ROA) of 0.0813 % which means that it generated a profit of $0.0813 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2036 %, meaning that it generated $0.2036 on every $100 dollars invested by stockholders. Vestel Elektronik's management efficiency ratios could be used to measure how well Vestel Elektronik manages its routine affairs as well as how well it operates its assets and liabilities.
Vestel Elektronik Sanayi has accumulated 893.48 M in total debt with debt to equity ratio (D/E) of 1.37, which is about average as compared to similar companies. Vestel Elektronik Sanayi has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Vestel Elektronik until it has trouble settling it off, either with new capital or with free cash flow. So, Vestel Elektronik'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 Vestel Elektronik Sanayi sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vestel to invest in growth at high rates of return. When we think about Vestel Elektronik's use of debt, we should always consider it together with cash and equity.

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Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Zorlu Holding A.S. VESTEL operates under Consumer Electronics classification in Turkey and is traded on Istanbul Stock Exchange. It employs 19351 people. Vestel Elektronik Sanayi (VESTL) is traded on Istanbul Stock Exchange in Turkey and employs 20,151 people.

Management Performance

Vestel Elektronik Sanayi Leadership Team

Elected by the shareholders, the Vestel Elektronik's board of directors comprises two types of representatives: Vestel Elektronik inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vestel. The board's role is to monitor Vestel Elektronik's management team and ensure that shareholders' interests are well served. Vestel Elektronik'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, Vestel Elektronik's outside directors are responsible for providing unbiased perspectives on the board's policies.
Serap Mutlu, Investor Relations Director and Member of Corporate Governance Committee
Baris Altinkaya, Deputy Management
Ismail Sarpel, General Manager, Executive Committee Member
Mustafa Yatir, Deputy Operations
Alp Dayi, CFO, Executive Committee Member
Enis Erdogan, CEO and Chairman of Executive Committee

Vestel 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 Vestel Elektronik 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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Other Information on Investing in Vestel Stock

Vestel Elektronik financial ratios help investors to determine whether Vestel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vestel with respect to the benefits of owning Vestel Elektronik security.