Michael Salvati - Apollo Commercial Independent Chairman of the Board

ARI Stock  USD 10.10  0.03  0.30%   

Chairman

Mr. Michael E. Salvati is an Independent Director of Apollo Commercial Real Estate Finance Inc. He was one of our directors since September 2009. Since December 2000, Mr. Salvati was President at Oakridge Consulting, Inc., which provides interim management, management consulting and corporate advisory services to companies ranging in size from startups to multinational corporations. From February 2004 to May 2004, Mr. Salvati served as Chief Financial Officer of AMI Semiconductor, Inc. From September 1998 to February 2000, Mr. Salvati was Executive Vice PresidentChief Operating Officer of National Financial Partners Corporationration, an Apollo affiliated venture focusing on the consolidation of small financial services firms that service high net worth individuals. From June 1996 to June 1998, he was Chief Financial Officer of Culligan Water Technologies, Inc., where he oversaw the completion of nearly 50 acquisitions over a period of 18 months. Mr. Salvati was a partner at KPMG LLP from 1990 to 1996. Mr. Salvati is a Certified Public Accountant and member of the American Institute of Certified Public Accountants, Illinois CPA Society. He also serves as a member of the boards of directors of MidCap FinCo Holdings Limited, MidCap FinCo Intermediate Holdings Limited and MidCap FinCo Designated Activity Company, and he is a member of the audit committee, risk management committee and an alternate member of the conflicts committee of MidCap FinCo Designated Activity Company. Mr. Salvatis previous board memberships include Global Power Equipment Group, Inc., Things Remembered, Inc., Lazydays, Inc., NCH Nu World Marketing, Ltd., Coho Energy, Inc., Prime Succession, Inc., and Castle Holdco 4, Ltd., an Apollo affiliate. Mr. Salvati received a B.S. in microbiology and a M.S. in accounting from the University of Illinois at ChampaignUrbana. Mr. Salvati qualifies as an audit committee financial expert under the guidelines of the SEC. since 2019.
Age 67
Tenure 6 years
Professional MarksCPA
Address 9 West 57th Street, New York, NY, United States, 10019
Phone212 515 3200
Webhttps://www.apollocref.com
Salvati received a B.S. in microbiology and a M.S. in accounting from the University of Illinois at ChampaignUrbana.

Michael Salvati Latest Insider Activity

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

Apollo Commercial Management Efficiency

The company has Return on Asset of (0.0135) % which means that on every $100 spent on assets, it lost $0.0135. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0586) %, meaning that it generated no profit with money invested by stockholders. Apollo Commercial's management efficiency ratios could be used to measure how well Apollo Commercial manages its routine affairs as well as how well it operates its assets and liabilities. The Apollo Commercial's current Return On Tangible Assets is estimated to increase to -0.01. The current Return On Capital Employed is estimated to decrease to 0.04. As of now, Apollo Commercial's Asset Turnover is decreasing as compared to previous years.
Apollo Commercial Real has 6.39 B in debt with debt to equity (D/E) ratio of 2.84, meaning that the company heavily relies on borrowing funds for operations. Apollo Commercial Real has a current ratio of 16.93, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Apollo to invest in growth at high rates of return.

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Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York. Apollo Commercial operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. Apollo Commercial Real (ARI) is traded on New York Stock Exchange in USA. It is located in 9 West 57th Street, New York, NY, United States, 10019 and employs 16 people. Apollo Commercial is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification.

Management Performance

Apollo Commercial Real Leadership Team

Elected by the shareholders, the Apollo Commercial's board of directors comprises two types of representatives: Apollo Commercial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apollo. The board's role is to monitor Apollo Commercial's management team and ensure that shareholders' interests are well served. Apollo Commercial'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, Apollo Commercial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anastasia CPA, Secretary CFO
Michael Salvati, Independent Chairman of the Board
Scott Prince, Independent Director
Eric Press, Director
Scott Weiner, Chief Officer
Carmencita Whonder, Director
Stuart Rothstein, President, Chief Executive Officer, Director
Stuart CPA, CEO President
Mark Biderman, Independent Director
Jai Agarwal, Chief Financial Officer, Treasurer, Secretary
Anastasia Mironova, Chief Financial Officer, Treasurer, Company Secretary
Hilary Ginsberg, IR Contact Officer
Pamela Carlton, Director
Robert Kasdin, Independent Director
Katherine Newman, Independent Director
Brenna Haysom, Independent Director

Apollo 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 Apollo Commercial 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

When determining whether Apollo Commercial Real offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apollo Commercial'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 Apollo Commercial Real Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apollo Commercial Real Stock:
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Is Mortgage Real Estate Investment Trusts (REITs) 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 Apollo Commercial. If investors know Apollo 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 Apollo Commercial 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
(0.1)
Dividend Share
1.2
Earnings Share
(0.97)
Revenue Per Share
1.059
Quarterly Revenue Growth
(0.16)
The market value of Apollo Commercial Real is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Commercial's value that differs from its market value or its book value, called intrinsic value, which is Apollo Commercial'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 Apollo Commercial's market value can be influenced by many factors that don't directly affect Apollo Commercial'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 Apollo Commercial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Commercial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo Commercial'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.