Ian Haft - Ambac Financial Independent Director

AMBC Stock  USD 13.09  0.62  4.97%   

Director

Mr. Ian D. Haft is an Independent Director of the Company. He is the Managing Partner and CEO of Surgis Capital LLC, an investment manager he founded in 2018. From 2009 until 2017, Mr. Haft was a founding partner and Vice President and Secretary of Cornwall Capital Management LP, an investment manager. At Cornwall, Mr. Haft previously held the positions of Chief Financial Officer and Chief Operating Officer and Chief Compliance Officer . Mr. Haft was also a member of Cornwall GP, LLC, the general partner of Cornwall Master LP. Prior to joining Cornwall, Mr. Haft was a Principal at GenNx360 Capital Partners, a private equity fund, from 2008 to 2009. From 2002 to 2008, Mr. Haft was a Senior Associate and then Vice President at ACI Capital Co., LLC, where he focused on middle market leveraged buyouts and growth equity investments on behalf of two private equity funds. Mr. Haft began his career at The Boston Consulting Group in 1993 and was also employed by Merrill Lynch Co. and The Blackstone Group prior to joining ACI Capital in 2002. Mr. Haft currently serves as Chairman of the Board of Hone Fitness Inc. and also serves as member of the board of directors of several private companies. Mr. Haft previously served as a director of American Pacific Corporation from March 2013 until February 2014 since 2016.
Age 49
Tenure 8 years
Professional MarksMBA
Address One World Trade Center, New York, NY, United States, 10007
Phone212 658 7470
Webhttps://www.ambac.com
Haft graduated magna cum laude with a BA in economics and mathematics from Dartmouth College in 1993 and he received his JD and MBA from Columbia University in 2000.

Ian Haft Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ian Haft against Ambac Financial stock is an integral part of due diligence when investing in Ambac Financial. Ian Haft insider activity provides valuable insight into whether Ambac Financial is net buyers or sellers over its current business cycle. Note, Ambac Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ambac Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ambac Financial Management Efficiency

As of December 11, 2024, Return On Tangible Assets is expected to decline to 0.0005. In addition to that, Return On Capital Employed is expected to decline to 0.02. At present, Ambac Financial's Intangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.1 B, whereas Total Assets are forecasted to decline to about 7.6 B. Ambac Financial's management efficiency ratios could be used to measure how well Ambac Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Ambac Financial Group currently holds 3.5 B in liabilities with Debt to Equity (D/E) ratio of 8.17, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ambac Financial Group has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Ambac Financial's use of debt, we should always consider it together with its cash and equity.

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Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. The company was incorporated in 1991 and is headquartered in New York, New York. Ambac Financial operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 132 people. Ambac Financial Group (AMBC) is traded on New York Stock Exchange in USA. It is located in One World Trade Center, New York, NY, United States, 10007 and employs 178 people. Ambac Financial is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Ambac Financial Group Leadership Team

Elected by the shareholders, the Ambac Financial's board of directors comprises two types of representatives: Ambac Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ambac. The board's role is to monitor Ambac Financial's management team and ensure that shareholders' interests are well served. Ambac Financial'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, Ambac Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Eisman, Chief Accounting Officer, Sr. Managing Director and Controller
Daniel McGinnis, Senior COO
Kate Smith, Director Communications
David Barranco, Senior Managing Director
Jeffrey Stein, Independent Chairman of the Board
Joan LammTennant, Independent Director
Michael Reilly, Chief Administrative Officer, Chief Information Officer, Senior Managing Director
David Herzog, Independent Director
R Smith, Senior Managing Director, Chief of Staff
Miguel Sanchez, Managing Europe
Claude Prieur, Independent Director
Claude LeBlanc, President, Chief Executive Officer, Director
Charles Sebaski, MD Relation
Rhonta Smith, Executive Officer
William White, Assistant VP
Claude CPA, CEO President
Lisa Iglesias, Director
Ian Haft, Independent Director
John Tatum, MD Group
Naveen Anand, President Group
David Trick, CFO, Sr. Managing Director, Treasurer, CEO of Ambac Assuranc Corp and Interim President of Ambac Assuranc Corp
Stephen Ksenak, Sr. Managing Director and General Counsel
Robert Donovan, Chief Officer

Ambac 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 Ambac Financial 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ambac Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ambac Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ambac Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ambac Financial Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambac Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ambac Financial. If investors know Ambac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ambac Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(0.47)
Revenue Per Share
8.59
Quarterly Revenue Growth
0.681
Return On Assets
0.0041
The market value of Ambac Financial Group is measured differently than its book value, which is the value of Ambac that is recorded on the company's balance sheet. Investors also form their own opinion of Ambac Financial's value that differs from its market value or its book value, called intrinsic value, which is Ambac Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ambac Financial's market value can be influenced by many factors that don't directly affect Ambac Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ambac Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambac Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambac Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.