Timothy Hassett - Cool Technologies Co-Founder, Chairman and CEO

WARM Stock  USD 0.0001  0.00  0.00%   

Chairman

Mr. Timothy J. Hassett Tim is Chairman of the Board, Chief Executive Officer of the Company. He is cofounder of the Company and was its Chairman since its inception and Chief Executive Officer since April 5, 2012. Mr. Hassett began his career as a marketing and business manager, for Rockwell Automation Incorporated Motor Special Products division from 1990 to 1995, where he launched new product platforms and developed and implemented global distribution initiatives and channels. Mr. Hassett worked at General Electric from January 1996 to February 1998, as a general manager of Distribution Services in the Industrial Systems Division and from February 1998 to March 2000, in the Electric Motors Unit of the Industrial Systems Division where he restructured the unit, consolidated product lines and grew the business. From March 2000 to August 2003, he served as President of Hawk Motors and Rotors, a division of Hawk Corporationrationration, a brake manufacturer, where he restructured the company. From August 2003 to October 2005, Mr. HassettasHH served as Vice President and General Manager of Wavecrest Laboratories, a propulsion systems and controls startup, where he led the development and launch of four new product platforms. From June 2006 to October 2010, Mr. Hassett served as President and Managing Director of LEMO USA, a Swissbased connector company, where he restructured the company, helped contain costs and improved operating margins and business. From December 2010 to October 2011, Mr. Hassett served as President of Cavometrix, a connector company serving the medical, energy and alternative energy industries. Mr. Hassett has a BS in Mechanical Engineering from Cleveland State University and a BS in Physics from Youngstown State University. Mr. Hassett patents and patents pending and his extensive experience and professional contacts in the electric motor industry led to the decision to appoint him to the Board. since 2012.
Age 62
Tenure 12 years
Phone813 975 7467
Webhttps://cooltechnologiesinc.com
Hassett earned a BS in Mechanical Engineering at Cleveland State and another BS in Physics at Youngstown State.

Cool Technologies Management Efficiency

The company has return on total asset (ROA) of (0.5748) % which means that it has lost $0.5748 on every $100 spent on assets. This is way below average. Cool Technologies' management efficiency ratios could be used to measure how well Cool Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
Cool Technologies currently holds 30.69 K in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Cool Technologies has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cool Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Cool Technologies' 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 Cool Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cool to invest in growth at high rates of return. When we think about Cool Technologies' use of debt, we should always consider it together with cash and equity.

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Cool Technologies, Inc., together with its subsidiaries, develops mobile power generation and heat dispersion technologies worldwide. Cool Technologies, Inc. was incorporated in 2002 and is headquartered in Tampa, Florida. Bibb Corp operates under Industrial Distribution classification in the United States and is traded on OTC Exchange. It employs 2 people. Cool Technologies [WARM] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Cool Technologies Management Team

Elected by the shareholders, the Cool Technologies' board of directors comprises two types of representatives: Cool Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cool. The board's role is to monitor Cool Technologies' management team and ensure that shareholders' interests are well served. Cool Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cool Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Hassett, Co-Founder, Chairman and CEO
Quentin Ponder, Vice Chairman, CFO and Treasurer
Judson III, S VP

Cool Stock Performance Indicators

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Other Information on Investing in Cool Pink Sheet

Cool Technologies financial ratios help investors to determine whether Cool Pink Sheet 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 Cool with respect to the benefits of owning Cool Technologies security.