David Denison - BCE Independent Director

BCE Stock  CAD 37.98  0.06  0.16%   

Director

Mr. David F. Denison is Independent Director of BCE Inc. Mr. Denison is a corporate director with extensive experience in the financial services industry. He served as President and CEO of the Canada Pension Plan Investment Board from 2005 to 2012. Prior to that, Mr. Denison was President of Fidelity Investments Canada Limited . He has also held a number of senior positions in the investment banking, asset management and consulting sectors in Canada, the United States and Europe. Mr. Denison serves as a member of the Investment Board and International Advisory Committee of the Government of Singapore Investment Corporationrationration, the China Investment Corporation International Advisory Council and cochairs the University of Toronto Investment Committee since 2012.
Age 66
Tenure 12 years
Professional MarksCPA
Address Building A, Verdun, QC, Canada, H3E 3B3
Phone514 870 8777
Webhttps://www.bce.ca
Denison earned bachelor’s degrees in Mathematics and Education from the University of Toronto, is a Chartered Professional Accountant and a Fellow of CPA Ontario. He was named an Officer of the Order of Canada in 2014 and received an honourary Doctor of Laws degree from York University in 2016.

BCE Management Efficiency

The company has return on total asset (ROA) of 0.0488 % which means that it generated a profit of $0.0488 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0155 %, meaning that it generated $0.0155 on every $100 dollars invested by stockholders. BCE's management efficiency ratios could be used to measure how well BCE manages its routine affairs as well as how well it operates its assets and liabilities. At this time, BCE's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.09. At this time, BCE's Asset Turnover is very stable compared to the past year.
BCE Inc has accumulated 36.18 B in total debt with debt to equity ratio (D/E) of 1.28, which is about average as compared to similar companies. BCE Inc has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist BCE until it has trouble settling it off, either with new capital or with free cash flow. So, BCE'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 BCE Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BCE to invest in growth at high rates of return. When we think about BCE's use of debt, we should always consider it together with cash and equity.

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BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television services to residential, business, and wholesale customers in Canada. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada. BCE INC operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 49781 people. BCE Inc (BCE) is traded on Toronto Exchange in Canada and employs 45,132 people. BCE is listed under Diversified Telecommunication Services category by Fama And French industry classification.

Management Performance

BCE Inc Leadership Team

Elected by the shareholders, the BCE's board of directors comprises two types of representatives: BCE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BCE. The board's role is to monitor BCE's management team and ensure that shareholders' interests are well served. BCE'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, BCE's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Simmonds, Independent Director
Katherine Lee, Independent Director
Bernard Duc, Chief Human Resources Officer and Executive Vice-President, Corporate Services
Sean Cohan, President Media
Nikki Moffat, Chief Services
Glen LeBlanc, Chief Financial Officer, Executive Vice President
Randy Lennox, President - Bell Media of Bell Canada
Wendy Freeman, Pres News
Gordon Nixon, Independent Chairman of the Board
John Watson, Executive Vice President - Customer Operations of Bell Canada
Sheila Murray, Director
Hadeer Hassaan, Executive Officer
Calin Rovinescu, Independent Director
Robert Dexter, Independent Director
Monique Leroux, Independent Director
Thierry Chaumont, Senior Controller
Rizwan Jamal, President – Bell Residential & Small Business of Bell Canada
Stephen Howe, Executive Vice-President, Chief Technology Officer of Bell Canada
Thomas Richards, Independent Director
Devorah Lithwick, Senior Officer
Wade Oosterman, Vice Chair & Group President of BCE and Bell Canada
Robert Brown, Independent Director
David Denison, Independent Director
Paul Weiss, Independent Director
Glen FCMA, CFO VP
Blaik Kirby, Group President - Mobility, Residential and Small Business
Thane Fotopoulos, Vice-President
Claire Gillies, President - Bell Mobility
Mirko Bibic, Chief Legal and Regulatory Officer and Executive VP of Corporate Devel.
Thomas Little, President – Bell Business Markets of Bell Canada
Barry Allen, Independent Director
Ian Greenberg, Independent Director
Robert Malcolmson, Executive Officer
Michael Cole, Executive Vice-President, Chief Information Officer of Bell Canada
Martin Cossette, Senior Secretary
Curtis Millen, Executive CFO
Karen Sheriff, Independent Director
Karine Moses, Vice Chair - Quebec and Presidentident - Bell Media Quebec

BCE 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 BCE 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.

Pair Trading with BCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.

Moving together with BCE Stock

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Moving against BCE Stock

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The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc to buy it.
The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE'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.