Ronald Mittelstaedt - Waste Connections Executive Chairman of the Board
| WCN Stock | CAD 265.37 1.35 0.51% |
Chairman
Mr. Ronald James Mittelstaedt is Executive Chairman of the Board of Waste Connections, Inc. Mr. Mittelstaedt has served as Chief Executive Officer and a director of the Company since its formation in 1997, and was elected Board Chairman in January 1998. Mr. Mittelstaedt also served as President of the Company from its formation through August 2004. Mr. Mittelstaedt has more than 27 years of experience in the solid waste industry. Mr. Mittelstaedt serves as a director of SkyWest, Inc since 2019.
| Age | 61 |
| Tenure | 5 years |
| Address | 6220 Highway 7, Woodbridge, ON, Canada, L4H 4G3 |
| Phone | 905 532 7510 |
| Web | https://www.wasteconnections.com |
Ronald Mittelstaedt Latest Insider Activity
Tracking and analyzing the buying and selling activities of Ronald Mittelstaedt against Waste Connections stock is an integral part of due diligence when investing in Waste Connections. Ronald Mittelstaedt insider activity provides valuable insight into whether Waste Connections is net buyers or sellers over its current business cycle. Note, Waste Connections insiders must abide by specific rules, including filing SEC forms every time they buy or sell Waste Connections'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Ronald Mittelstaedt over six months ago Acquisition by Ronald Mittelstaedt of 3621 shares of Waste Connections subject to Rule 16b-3 |
Waste Connections Management Efficiency
The company has return on total asset (ROA) of 0.0507 % which means that it generated a profit of $0.0507 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1185 %, meaning that it generated $0.1185 on every $100 dollars invested by stockholders. Waste Connections' management efficiency ratios could be used to measure how well Waste Connections manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Waste Connections' Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Intangibles To Total Assets is likely to grow to 0.52, though Net Tangible Assets are likely to grow to (1.3 B).Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0507 |
Waste Connections Leadership Team
Elected by the shareholders, the Waste Connections' board of directors comprises two types of representatives: Waste Connections inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Waste. The board's role is to monitor Waste Connections' management team and ensure that shareholders' interests are well served. Waste Connections' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Waste Connections' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Susan Lee, Independent Director | ||
| Susan Netherton, Vice President – People, Training and Development | ||
| John Perkey, VP Affairs | ||
| Worthing Jackman, President, Chief Executive Officer, Director | ||
| Scott Schreiber, Vice President – Equipment and Operations Support | ||
| Eric Hansen, Senior Vice President, Chief Information Officer | ||
| Jason Pratt, Vice President Corporate Controller | ||
| Keith Gordon, Vice President – Information Systems | ||
| Darrell Chambliss, Chief Operating Officer, Executive Vice President | ||
| David Hall, Senior Vice President - Sales and Marketing | ||
| Matthew Black, Senior Vice President Chief Tax Officer | ||
| Mary Whitney, Chief Financial Officer, Senior Vice President | ||
| Patrick Shea, Executive Vice President, General Counsel, Secretary | ||
| Larry Hughes, Independent Director | ||
| Elise Jordan, Independent Director | ||
| Robert Cloninger, Vice President Deputy General Counsel, Assistant Secretary | ||
| Ronald Mittelstaedt, Executive Chairman of the Board | ||
| Gregory Thibodeaux, Vice President – Maintenance and Fleet Management | ||
| Edward Guillet, Independent Director | ||
| David Eddie, Senior Vice President Chief Accounting Officer | ||
| Michael Harlan, Independent Director | ||
| Richard Wojahn, Vice President - Business Development | ||
| James Little, Executive Vice President – Engineering and Disposal | ||
| Shawn Mandel, Vice President – Safety and Risk Management | ||
| Colin Wittke, Vice President - Sales | ||
| William Razzouk, Independent Director | ||
| Patrick JD, General VP | ||
| Michelle Little, Executive Director – Engagement Solutions/HRIS | ||
| Joe Box, Vice Relations |
Waste 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 Waste Connections 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.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0507 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 80.19 B | ||||
| Shares Outstanding | 258.01 M | ||||
| Shares Owned By Insiders | 0.21 % | ||||
| Shares Owned By Institutions | 90.04 % | ||||
| Number Of Shares Shorted | 1.05 M | ||||
| Price To Earning | 177.62 X |
Pair Trading with Waste Connections
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 Waste Connections 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 Waste Connections will appreciate offsetting losses from the drop in the long position's value.Moving together with Waste Stock
Moving against Waste Stock
The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections 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 Waste Connections - 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 Waste Connections to buy it.
The correlation of Waste Connections 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 Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections 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 Waste Connections 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.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.