Michael Stornant - Wolverine World President

WWW Stock  USD 22.88  0.72  3.25%   

President

Mr. Michael D. Stornant is Chief Financial Officer, Senior Vice President, Treasurer of the Company. He has served the Company as Senior Vice President, Chief Financial Officer and Treasurer since June 2015. From January 2013 through June 2015, he served as Vice President, Corporationrationrate Finance. since 2019.
Age 57
Tenure 5 years
Address 9341 Courtland Drive N.E., Rockford, MI, United States, 49351
Phone616 866 5500
Webhttps://www.wolverineworldwide.com

Wolverine World Management Efficiency

Return On Capital Employed is likely to climb to 0.1 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.09). At this time, Wolverine World's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 332.5 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 568.3 M in 2024. Wolverine World's management efficiency ratios could be used to measure how well Wolverine World manages its routine affairs as well as how well it operates its assets and liabilities.
Wolverine World Wide has 1.09 B in debt with debt to equity (D/E) ratio of 2.46, meaning that the company heavily relies on borrowing funds for operations. Wolverine World Wide has a current ratio of 1.15, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Wolverine to invest in growth at high rates of return.

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Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan. Wolverine World operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 4400 people. Wolverine World Wide (WWW) is traded on New York Stock Exchange in USA. It is located in 9341 Courtland Drive N.E., Rockford, MI, United States, 49351 and employs 4,100 people. Wolverine World is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification.

Management Performance

Wolverine World Wide Leadership Team

Elected by the shareholders, the Wolverine World's board of directors comprises two types of representatives: Wolverine World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wolverine. The board's role is to monitor Wolverine World's management team and ensure that shareholders' interests are well served. Wolverine World'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, Wolverine World's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brendan Hoffman, President, Chief Executive Officer, Director
Amy Klimek, Senior Vice President - Global Human Resources
Jeffrey Boromisa, Independent Director
Taryn Miller, Chief Officer
David Kollat, Lead Independent Director
Angelo Ng, Chief Merchant Officer
Pallav Tamaskar, Chief Officer
Gina Boswell, Independent Director
Joelle Grunberg, President Global Brand - Sperry
Christopher Hufnagel, VP of Strategy, Investor Relations and Communications
Michael Volkema, Independent Director
William Gerber, Independent Director
Reginald Rasch, General VP
David Latchana, Chief Secretary
David McCreight, Independent Director
Nicholas Long, Independent Director
Brenda Lauderback, Independent Director
Blake Krueger, Chairman of the Board, President, Chief Executive Officer
Onder Ors, Managing Operations
Melissa Mullen, Global Betty
Kathleen WilsonThompson, Independent Director
Roxane Divol, Independent Director
Thomas Kennedy, President Group
Michael CPA, Executive President
Kyle Hanson, Senior Vice President General Counsel, Secretary
James Zwiers, Sr. VP and President of the Wolverine Outdoor and Lifestyle Group and President of Merrell
Dee Slater, Chief Services
Bishu Jayaram, Chief Officer
Isabel Soriano, President International
Michael Jeppesen, President, Global Operations Group and Wolverine Heritage Group
Sumi Scott, Chief Merrell
Michael Stornant, Chief Financial Officer, Senior Vice President, Treasurer

Wolverine Stock Performance Indicators

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