Glenn MacNeil - Westaim Corp Chief Financial Officer

WED Stock  CAD 4.97  0.06  1.22%   

CFO

Mr. Glenn G. MacNeil is Chief Financial Officer of The Westaim Corporationrationration. Mr. MacNeil brings to Westaim over 30 years of international experience in chief financial officer and director roles in a number of industries including the financial services industry. Mr. MacNeil is a Canadian Chartered Accountant, Certified Management Accountant and Certified Professional Accountant and a U.S. Certified Public Accountant . Mr. MacNeil was an officer and served as director for numerous private and publiclyheld companies, some of which are as follows Chief Financial Officer and Executive Vice President of GCAN Insurance Company, at the time a Canadian regulated insurance company subsidiary of Glenstone Capital Inc., from 2008 to 2011 Finance Director of CNA Insurance Company Limited, a European regulated insurance company, from 2004 to 2008 Chief Financial Officer and Executive Vice President, Canadian Operations of Continental Casualty Company, a Canadian regulated insurance company, from 1998 to 2004 and Vice President Finance, Canadian Operations of Everest Reinsurance Company and Vice President Finance and Director of Everest Insurance Company of Canada, Canadian regulated reinsurance and insurance companies, from 1988 to 1998. Mr. MacNeil is a member of the Chartered Professional Accountants Ontario and Certified Public Accountants of South Carolina since 2015.
Age 56
Tenure 9 years
Address 70 York Street, Toronto, ON, Canada, M5J 1S9
Phone416-969-3333
Webhttps://www.westaim.com
MacNeil received a Bachelor of Business Administration degree from the Cape Breton University, Nova Scotia.

Westaim Corp Management Efficiency

The company has return on total asset (ROA) of 0.076 % which means that it generated a profit of $0.076 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1313 %, meaning that it generated $0.1313 on every $100 dollars invested by stockholders. Westaim Corp's management efficiency ratios could be used to measure how well Westaim Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.35 in 2024. Return On Capital Employed is likely to climb to 0.39 in 2024. At this time, Westaim Corp's Other Current Assets are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.35 in 2024, whereas Non Current Assets Total are likely to drop slightly above 260.7 M in 2024.
Westaim Corp has accumulated 128 K in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Westaim Corp has a current ratio of 31.27, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Westaim Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Westaim Corp'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 Westaim Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westaim to invest in growth at high rates of return. When we think about Westaim Corp's use of debt, we should always consider it together with cash and equity.

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The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada. THE WESTAIM operates under Asset Management classification in Exotistan and is traded on Commodity Exchange. Westaim Corp (WED) is traded on TSX Venture Exchange in Canada and employs 16 people. Westaim Corp is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Westaim Corp Leadership Team

Elected by the shareholders, the Westaim Corp's board of directors comprises two types of representatives: Westaim Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westaim. The board's role is to monitor Westaim Corp's management team and ensure that shareholders' interests are well served. Westaim Corp'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, Westaim Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Gildner, Independent Director
Robert Kittel, Chief Operating Officer
Stephen Way, Chief HIIG
Cristina Nunes, Advisor
John CFA, CEO President
Stephen Cole, Lead Independent Director
Karen Woodfield, Controller
CA CMA, Chief Officer
Joseph Schenk, Managing Director
Bruce Walter, Independent Director
William Andrus, Advisor
Glenn MacNeil, Chief Financial Officer
Nakul Randev, Principal
CPA CFA, Chief Officer
Ian Delaney, Independent Chairman of the Board
J MacDonald, President, Chief Executive Officer, Director

Westaim 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 Westaim Corp 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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