Richard Cavanagh - Blackrock Municipal Independent Co-Chairman of the Board of Trustee

BTT Stock  USD 21.39  0.03  0.14%   

Chairman

Mr. Richard E. Cavanagh serves as Independent Chairman of the Board of the company, since 2012. 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 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. since 2017.
Age 75
Tenure 7 years
Address 50 Hudson Yards, New York, NY, United States, 10001
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/24146

Richard Cavanagh Latest Insider Activity

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

Blackrock Municipal Management Efficiency

The company has Return on Asset of 0.0189 % which means that on every $100 spent on assets, it made $0.0189 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0289 %, implying that it generated $0.0289 on every 100 dollars invested. Blackrock Municipal's management efficiency ratios could be used to measure how well Blackrock Municipal manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Blackrock Municipal's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.03 in 2024. At this time, Blackrock Municipal's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.9 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 553.4 M in 2024.
Blackrock Municipal Target has 819.39 M in debt with debt to equity (D/E) ratio of 0.57, which is OK given its current industry classification. Blackrock Municipal has a current ratio of 0.17, 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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Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 and is domiciled in the United States. Blackrock Municipal is traded on New York Stock Exchange in the United States. Blackrock Municipal Target (BTT) is traded on New York Stock Exchange in USA. It is located in 50 Hudson Yards, New York, NY, United States, 10001 and employs 23 people. Blackrock Municipal is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Blackrock Municipal Leadership Team

Elected by the shareholders, the Blackrock Municipal's board of directors comprises two types of representatives: Blackrock Municipal 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 Municipal's management team and ensure that shareholders' interests are well served. Blackrock Municipal'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 Municipal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
CFA CFA, Portfolio Mang
Karen Robards, Independent Vice Chairperson of the Board of Trustees
Richard Cavanagh, Independent Co-Chairman of the Board of Trustee
Charles Park, Chief Compliance Officer & Anti- Money Laundering Officer
Frank Fabozzi, Independent Trustee
J Holloman, 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
R Hubbard, Independent Trustee
Phillip CFA, Portfolio Manager
Michael CFA, Portfolio Manager
Robert Fairbairn, Independent Trustee
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
CFA Jaeckel, Portfolio Manager
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

Blackrock Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Blackrock Stock Analysis

When running Blackrock Municipal's price analysis, check to measure Blackrock Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackrock Municipal is operating at the current time. Most of Blackrock Municipal's value examination focuses on studying past and present price action to predict the probability of Blackrock Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Municipal's price. Additionally, you may evaluate how the addition of Blackrock Municipal to your portfolios can decrease your overall portfolio volatility.