Donald Demens - Western Forest CEO and President and Non Independent Director

WFSTF Stock  USD 0.33  0.01  3.13%   

CEO

Mr. Donald Eugene Demens is President, Chief Executive Officer of Western Forest Products Inc. Mr. Demens is President and Chief Executive Officer of the Corporationrationration. Prior to this, Mr. Demens served in a number of roles for the Corporation including President since July 2012 Chief Operating Officer since June 2011 Senior Vice President, Sales and Marketing since August 2009 and Senior Vice President, Western Red Cedar and Custom Cut since April 2009. Over the span of his 30year career in the coastal forestry industry, Mr. Demens has successfully assumed progressively senior positions in Sales and Manufacturing including with International Forest Products in Canada and Japan. Mr. Demens is Chairman of the Coast Forest Products Association and is a Director of the Softwood Lumber Board since 2013.
Age 61
Tenure 11 years
Phone604 648 4500
Webhttps://www.westernforest.com
Demens holds a Bachelor of Commerce degree from the University of British Columbia.

Western Forest Management Efficiency

The company has return on total asset (ROA) of 0.0955 % which means that it generated a profit of $0.0955 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1708 %, meaning that it generated $0.1708 on every $100 dollars invested by stockholders. Western Forest's management efficiency ratios could be used to measure how well Western Forest manages its routine affairs as well as how well it operates its assets and liabilities.
Western Forest Products has accumulated 18.4 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Western Forest Products has a current ratio of 2.69, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Western Forest until it has trouble settling it off, either with new capital or with free cash flow. So, Western Forest'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 Western Forest Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Forest's use of debt, we should always consider it together with cash and equity.

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Western Forest Products Inc. engages in the timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing, and lumber purchasing and wholesaling businesses. Western Forest Products Inc. was founded in 1955 and is headquartered in Vancouver, Canada. Western Forest operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 2051 people. Western Forest Products [WFSTF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Western Forest Products Leadership Team

Elected by the shareholders, the Western Forest's board of directors comprises two types of representatives: Western Forest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Forest's management team and ensure that shareholders' interests are well served. Western Forest'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, Western Forest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Foster, Vice President of Human Resources
Babita Khunkhun, Director Communications
Stephen Williams, CFO, Sr. VP and Corporate Secretary
Glen Nontell, VP Devel
Bruce Alexander, Marketing Sales
Donald Demens, CEO and President and Non Independent Director
Shannon Janzen, Chief Forester and VP
Morris Mandziuk, Treasurer
Alyce Harper, Senior Director - Legal & Corporate Secretary
Steven Hofer, CEO Pres

Western Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Western Forest 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Western Pink Sheet

Western Forest financial ratios help investors to determine whether Western 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 Western with respect to the benefits of owning Western Forest security.