Richard Cavanagh - BlackRock Strategic Independent Co-Chairman of the Board of Trustees
Chairman
Mr. Richard E. Cavanagh is Independent Chairman of the Board of the company. Mr. Cavanagh brings to the Boards a wealth of practical business knowledge and leadership as an experienced directortrustee of various public and private companies. In particular, because Mr. Cavanagh served for over a decade as President and Chief Executive Officer of The Conference Board, Inc., a global business research organization, he is able to provide the Boards with expertise about business and economic trends and governance practices. Mr. Cavanagh created the blue ribbon Commission on Public Trust and Private Enterprise in 2002, which recommended corporate governance enhancements. Mr. Cavanaghs service as a director of The Guardian Life Insurance Company of America and as a senior advisor and director of The Fremont Group provides added insight into investment trends and conditions. Mr. Cavanaghs longstanding service on the boards of the ClosedEnd Complex also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds. Mr. Cavanagh is also an experienced board leader, having served as the lead independent director of a NYSE public company and as the Board Chairman of the Educational Testing Service. Mr. Cavanaghs independence from the Funds and the Funds investment advisor enhances his service as Chair of the Boards, Chair of the Leverage Committee, Chair of the Executive Committee and as a member of the Governance Committee, Compliance Committee and Performance Oversight Committee. . since 2018.
| Age | 73 |
| Tenure | 6 years |
| Phone | 302-797-2000 |
| Web | http://www.blackrock.com/investing/products/240219/blackrock-strategic-municipal-trust-usd-fund |
Richard Cavanagh Latest Insider Activity
Tracking and analyzing the buying and selling activities of Richard Cavanagh against BlackRock Strategic stock is an integral part of due diligence when investing in BlackRock Strategic. Richard Cavanagh insider activity provides valuable insight into whether BlackRock Strategic is net buyers or sellers over its current business cycle. Note, BlackRock Strategic insiders must abide by specific rules, including filing SEC forms every time they buy or sell BlackRock Strategic'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Richard Cavanagh over three months ago Acquisition by Richard Cavanagh of 500 shares of Blackrock Municipal at 22.64 subject to Rule 16b-3 | ||
Richard Cavanagh over three months ago Acquisition by Richard Cavanagh of 100 shares of BlackRock Virginia at 20.1 subject to Rule 16b-3 | ||
Richard Cavanagh over six months ago Acquisition by Richard Cavanagh of 100 shares of BlackRock California at 12.65 subject to Rule 16b-3 | ||
Richard Cavanagh over a year ago Acquisition or disposition of BlackRock New securities by Richard Cavanagh |
BlackRock Strategic Management Efficiency
The company has Return on Asset of 2.14 % which means that on every $100 spent on assets, it made $2.14 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.78 %, implying that it generated $1.78 on every 100 dollars invested. BlackRock Strategic's management efficiency ratios could be used to measure how well BlackRock Strategic manages its routine affairs as well as how well it operates its assets and liabilities.BlackRock Strategic Municipal has 72.54 M in debt with debt to equity (D/E) ratio of 0.7, which is OK given its current industry classification. BlackRock Strategic has a current ratio of 0.12, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for BlackRock to invest in growth at high rates of return.
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Management Performance
| Return On Equity | 1.78 | |||
| Return On Asset | 2.14 |
BlackRock Strategic Leadership Team
Elected by the shareholders, the BlackRock Strategic's board of directors comprises two types of representatives: BlackRock Strategic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor BlackRock Strategic's management team and ensure that shareholders' interests are well served. BlackRock Strategic'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, BlackRock Strategic's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Henry Gabbay, Independent Trustee | ||
| Robert Hubbard, Independent Trustee | ||
| Karen Robards, Independent Vice Chairman of the Board of Trustees | ||
| Richard Cavanagh, Independent Co-Chairman of the Board of Trustees | ||
| Charles Park, Chief Compliance Officer and Anti-Money Laundering Officer | ||
| Frank Fabozzi, Independent Trustee | ||
| Janey Ahn, Secretary | ||
| John Perlowski, President, Chief Executive Officer, Trustee | ||
| Michael Castellano, Independent Trustee | ||
| Cynthia Egan, Independent Trustee | ||
| Jay Fife, Treasurer | ||
| Jonathan Diorio, Vice President | ||
| Robert Fairbairn, Trustee | ||
| Neal Andrews, Chief Financial Officer | ||
| Catherine Lynch, Independent Trustee | ||
| W Kester, Independent Trustee |
BlackRock 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 BlackRock Strategic 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.
| Return On Equity | 1.78 | |||
| Return On Asset | 2.14 | |||
| Profit Margin | 25.32 % | |||
| Operating Margin | 82.99 % | |||
| Current Valuation | 180.41 M | |||
| Shares Outstanding | 7.31 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 16.56 % | |||
| Number Of Shares Shorted | 4.4 K | |||
| Price To Earning | 57.88 X |
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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in BlackRock Stock
If you are still planning to invest in BlackRock Strategic check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BlackRock Strategic's history and understand the potential risks before investing.
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