Luc Langevin - Cascades President

CADNF Stock  USD 7.02  0.01  0.14%   

President

Mr. Luc Langevin serves as a President and Chief Operating Officer Specialty Products Group of Cascades Inc. Since 1995, He began his career as an engineer for Shell Canada Products at the Montral East Refinery, where he assumed various technical responsibilities in maintenance, projects and energy conservation. After 5 years, he returned to school fulltime to earn a MBA at the HEC in Montral, completing part of his program at the Universit catholique de Louvain in Belgium. In 1995, he joined Cascades as Plant Manager for the Converdis unit, located in Berthierville . In 1997, he was promoted to the position of General Manager for the Cascades Conversion Group. In 2001, he was given additional responsibilities for Papier Kingsey Falls . With the reorganization of the Specialty Products Group . In 2007, he was appointed General Manager of the Industrial Packaging sector of the Group. He is also a member of the Board of Directors of Cascades Sonoco. In May 2011, he was appointed President and Chief Operating Officer of the Specialty Products Group. Luc Langevin was born on January 24, 1964 in Coaticook . He obtained a diploma of college studies in pure and applied sciences from the Sminaire de Sherbrooke. He pursued his studies at the University of Sherbrooke and received a Bachelor of Applied Science in 1988. since 2011.
Tenure 14 years
Professional MarksMBA
Phone819 363 5100
Webhttps://www.cascades.com

Cascades Management Efficiency

Cascades' management efficiency ratios could be used to measure how well Cascades manages its routine affairs as well as how well it operates its assets and liabilities.
Cascades has accumulated 1.32 B in total debt with debt to equity ratio (D/E) of 0.92, which is about average as compared to similar companies. Cascades has a current ratio of 1.57, which is within standard range for the sector. Debt can assist Cascades until it has trouble settling it off, either with new capital or with free cash flow. So, Cascades' 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 Cascades sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cascades to invest in growth at high rates of return. When we think about Cascades' use of debt, we should always consider it together with cash and equity.

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Cascades Inc. produces, converts, and markets packaging and tissue products in Canada and the United States. Cascades Inc. was incorporated in 1964 and is headquartered in Kingsey Falls, Canada. Cascades operates under Packaging Containers classification in the United States and is traded on OTC Exchange. It employs 10000 people. Cascades [CADNF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Cascades Leadership Team

Elected by the shareholders, the Cascades' board of directors comprises two types of representatives: Cascades inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cascades. The board's role is to monitor Cascades' management team and ensure that shareholders' interests are well served. Cascades' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cascades' outside directors are responsible for providing unbiased perspectives on the board's policies.
Alain Lemaire, Co-Founder, Executive Chairman and Member of Admin. Committee
Allan CA, VP CFO
Jennifer Aitken, Director, Investor Relations
Luc Langevin, President and COO - Cascades Specialty Products Group
Mario Plourde, CEO and President and Non-Independent Director
Robert Hall, Vice President - Legal Affairs, Corporate Secretary
ASA CFA, VP Devel
Dominic Dor, Chief Officer
Hugo DAmours, Vice President - Communications and Public affairs
Charles Malo, President and Chief operating officer of Norampac group

Cascades Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Cascades 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

Other Information on Investing in Cascades Pink Sheet

Cascades financial ratios help investors to determine whether Cascades Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cascades with respect to the benefits of owning Cascades security.