Jay Forbes - ELEMENT FLEET Chief Executive Officer, Executive Director

61F Stock  EUR 18.90  0.10  0.53%   

CEO

Mr. Jay A. Forbes was appointed Chief Executive Officer, Executive Director of the Company. Prior to joining Element, Mr. Forbes was President and Chief Executive Officer of Manitoba Telecom Services Inc., a regional telecom services provider, from 2015 to 2017. Mr. Forbes was President and Chief Executive Officer of Teranet Inc., a worldleading developer, operator and owner of electronic land registration systems, from 2009 to 2013. Mr. Forbes other leadership roles have included President at Ingram Micro Inc. and President and Chief Executive Officer at Aliant Inc. He is a director at Economical Insurance and previously was a director at MTS, Stratos Global Corporation and Aliant Inc since 2018.
Age 58
Tenure 6 years
Phone416-386-1067
Webhttp://www.elementfleet.com
Forbes is a Top 40 Under 40 as well as a Top 50 CEO Award recipient. He holds a Bachelor of Commerce degree from Dalhousie University, is a Fellow of the Chartered Professional Accountants of Nova Scotia, and has completed the Institute of Corporationrationrationrate Directors program.

ELEMENT FLEET Management Efficiency

The company has return on total asset (ROA) of 0.0301 % which means that it generated a profit of $0.0301 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1138 %, meaning that it generated $0.1138 on every $100 dollars invested by stockholders. ELEMENT FLEET's management efficiency ratios could be used to measure how well ELEMENT FLEET manages its routine affairs as well as how well it operates its assets and liabilities.
ELEMENT FLEET MGMT has accumulated 8.8 B in total debt with debt to equity ratio (D/E) of 2.48, implying the company greatly relies on financing operations through barrowing. ELEMENT FLEET MGMT has a current ratio of 7.94, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist ELEMENT FLEET until it has trouble settling it off, either with new capital or with free cash flow. So, ELEMENT FLEET'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 ELEMENT FLEET MGMT sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ELEMENT to invest in growth at high rates of return. When we think about ELEMENT FLEET's use of debt, we should always consider it together with cash and equity.

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Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, Mexico, Australia, and New Zealand. It serves agriculture, business services, chemical, construction, consumer products, education and non-profit, energy, food and beverage, insurance, manufacturing, pharmaceutical and healthcare, professional services, telecommunications, transportation, and utility industries. ELEMENT FLEET operates under Rental Leasing Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2500 people. ELEMENT FLEET MGMT (61F) is traded on Frankfurt Exchange in Germany and employs 2,500 people.

Management Performance

ELEMENT FLEET MGMT Leadership Team

Elected by the shareholders, the ELEMENT FLEET's board of directors comprises two types of representatives: ELEMENT FLEET inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ELEMENT. The board's role is to monitor ELEMENT FLEET's management team and ensure that shareholders' interests are well served. ELEMENT FLEET'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, ELEMENT FLEET's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vito Culmone, Chief Financial Officer, Executive Vice President
G Graham, Independent Director
Virginia Addicott, Director
James Halliday, Executive Vice President and Chief Operating Officer of Element Fleet
David Denison, Independent Chairman of the Board
Frank Ruperto, Chief Financial Officer, Executive Vice President - Finance
Paul Damp, Independent Director
David Colman, Executive Vice President, General Counsel, Corporate Secretary
Vineet Gupta, Executive Vice President, Chief Technology Officer
Israel Kaufman, Executive Vice President Treasurer
Jay Forbes, Chief Executive Officer, Executive Director
Joan LammTennant, Independent Director
Alexander Greene, Independent Director
Andrew Clarke, Independent Director
Rubin McDougal, Independent Director
Chris Gittens, Executive Vice President Mid-market of Element Fleet
Jon Parker, Executive Vice President Enterprise of Element Fleet
Jacqui McGillivray, Chief Human Resource Officer, Executive Vice President
David Madrigal, Executive Vice President - Mexico, Chief Commercial Officer
Andrea Rosen, Independent Director

ELEMENT 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 ELEMENT FLEET 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 ELEMENT Stock

ELEMENT FLEET financial ratios help investors to determine whether ELEMENT Stock 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 ELEMENT with respect to the benefits of owning ELEMENT FLEET security.