Owen Billes - Canadian TireLimited Non Independent Director
| CTC Stock | CAD 213.25 1.00 0.47% |
Director
Mr. Owen G. Billes serves as Non Independent Director of Canadian Tire Corporation Limited. He is President, Sandy McTyre Retail Ltd., which operates a Canadian Tire store in Welland, Ontario. He is the son of Martha G. Billes and grandson of the Companys cofounder, A.J. Billes. Mr. Billes is also Chairman of Canadian Tire Jumpstart Charities and a director of Canadian Tire Bank. Mr. Billes joined the Company in 1992 as Changeover Consultant, Dealer Changeover. He subsequently worked at the Company in various divisions, including the Operations Planning Centre, Dealer Operations, Logistics, Automotive Marketing, New Business Development and Petroleum. He also worked in Customer Service Strategic Development at Canadian Tire Financial Services Limited and at four Canadian Tire stores. In 2007, Mr. Billes entered the Canadian Tire DealerinTraining Program. Mr. Billes has also served as a member of the Board of Governors for Niagara College. since 2004.
| Tenure | 21 years |
| Address | 2180 Yonge Street, Toronto, ON, Canada, M4P 2V8 |
| Phone | 416 480 3000 |
| Web | https://corp.canadiantire.ca |
Canadian TireLimited Management Efficiency
The company has return on total asset (ROA) of 0.0374 % which means that it generated a profit of $0.0374 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1436 %, meaning that it generated $0.1436 on every $100 dollars invested by stockholders. Canadian TireLimited's management efficiency ratios could be used to measure how well Canadian TireLimited manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Canadian TireLimited's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of March 2025, Return On Capital Employed is likely to grow to 0.13, while Return On Equity is likely to drop 0.10. At this time, Canadian TireLimited's Non Current Assets Total are very stable compared to the past year. As of the 22nd of March 2025, Other Current Assets is likely to grow to about 618.4 M, while Total Assets are likely to drop about 11.5 B.Similar Executives
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Management Performance
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0374 |
Canadian TireLimited Leadership Team
Elected by the shareholders, the Canadian TireLimited's board of directors comprises two types of representatives: Canadian TireLimited inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian TireLimited's management team and ensure that shareholders' interests are well served. Canadian TireLimited'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, Canadian TireLimited's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cynthia Trudell, Independent Director | ||
| Darryl Jenkins, Chief Officer | ||
| CPA CMA, CFO VP | ||
| Greg Hicks, President, Chief Executive Officer, Director | ||
| Allan MacDonald, Executive Vice President - Retail | ||
| Susan OBrien, Senior Vice President - Marketing and Corporate Affairs | ||
| Karen Keyes, Head Relations | ||
| Mark Derbyshire, Independent Director | ||
| John Furlong, Independent Director | ||
| Rex Lee, Senior Vice President, Chief Information Officer | ||
| Gregory Hicks, President CEO | ||
| Stephanie Nadalin, VicePresident Communications | ||
| Paul Draffin, Chief Officer | ||
| Maureen Sabia, Independent Non-Executive Chairman of the Board | ||
| John Salt, Senior Vice President - Supply Chain | ||
| Robert Mongeau, Senior Vice-President - Real Estate | ||
| James Christie, Executive Vice President - CTC, Strategic Advisor and General Counsel | ||
| Donald Murray, Non Independent Director | ||
| Aayaz Pira, Pres Services | ||
| Peter Czank, President Mark’s | ||
| Gregory Craig, Executive Vice President, Chief Financial Officer | ||
| Jane Nakamachi, Senior Vice President - Talent | ||
| Patrick Connolly, Independent Director | ||
| Johnathan Pershing, Executive Vice President of Human Resources | ||
| Claude LHeureux, Non Independent Director | ||
| Mahes Wickramasinghe, Executive Vice-President - CTC, President - Canadian Tire Financial Services, President and CEO of Canadian Tire Bank | ||
| Norman Jaskolka, Independent Director | ||
| Eric Anderson, Independent Director | ||
| Iain Kennedy, Executive Vice President - Enterprise Technology and Supply Chain | ||
| Jane Shaw, VP Communications | ||
| Diana Chant, Independent Director | ||
| David Court, Independent Director | ||
| Thomas Flood, President FGL Sports | ||
| Owen Billes, Non Independent Director | ||
| James Goodfellow, Independent Director | ||
| Bob Hakeem, Executive Officer | ||
| Martha Billes, Independent Director |
Canadian 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 Canadian TireLimited 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 Canadian TireLimited
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 Canadian TireLimited 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 Canadian TireLimited will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
The ability to find closely correlated positions to Canadian TireLimited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian TireLimited 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 Canadian TireLimited - 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 Canadian Tire to buy it.
The correlation of Canadian TireLimited 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 Canadian TireLimited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian TireLimited 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 Canadian TireLimited 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.Other Information on Investing in Canadian Stock
Canadian TireLimited financial ratios help investors to determine whether Canadian Stock 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 Canadian with respect to the benefits of owning Canadian TireLimited security.