Richard Goeltz - European Equity Independent Director

EEA Fund  USD 9.19  0.06  0.65%   
Richard Goeltz is Fund Manager at European Equity Closed
Mr. Richard Karl Goeltz serves as an Independent Director of European Equity Fund Inc. He is Retired and was formerly Vice Chairman and Chief Financial Officer of American Express Co. and previously served as chief financial officer of two other multinational corporations. Mr. Goeltz is a member of the Council and Court of Governors of the London School of Economics and Political Science and Trustee of the American Academy in Berlin. He was the Director of The Central Europe and Russia Fund, Inc. and The New Germany Fund, Inc. . Independent NonExecutive Director of Aviva plc and The Warnaco Group, Inc. . Formerly director of Federal Home Loan Mortgage Corporation and Delta Air Lines, Inc. .
Age 75
Tenure 17 years
Phone49 69 9101 2371
Webhttps://fundsus.deutscheam.com/EN/products/european_equity_fund.jsp

European Equity Management Performance (%)

The company has Return on Asset of 1.02 % which means that on every $100 spent on assets, it made $1.02 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (22.11) %, meaning that it generated no profit with money invested by stockholders. European Equity's management efficiency ratios could be used to measure how well European Equity manages its routine affairs as well as how well it operates its assets and liabilities.
European Equity Closed has 1.97 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. European Equity Closed has a current ratio of 1.63, which is typical for the industry and considered as normal. Debt can assist European Equity until it has trouble settling it off, either with new capital or with free cash flow. So, European Equity'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 European Equity Closed sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for European to invest in growth at high rates of return. When we think about European Equity's use of debt, we should always consider it together with cash and equity.

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The European Equity Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The European Equity Fund, Inc. was formed on July 23, 1986 and is domiciled in the United States. European Equity is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the present time.

Management Performance

European Equity Closed Leadership Team

Elected by the shareholders, the European Equity's board of directors comprises two types of representatives: European Equity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of European. The board's role is to monitor European Equity's management team and ensure that shareholders' interests are well served. European Equity'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, European Equity's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wolfgang Leoni, Independent Director
Hepsen Uzcan, President, Chief Executive Officer, Independent Director
Franz Hopp, Independent Director
Paul Schubert, Chief Financial Officer, Treasurer
Sheila Cadogan, Assistant Treasurer
Brian Binder, President, Chief Executive Officer
Walter Dostmann, Independent Director
Christopher Pleister, Lead Independent Director
Robert Wadsworth, Independent Director
Rainer Vermehren, Vice President
Richard Burt, Independent Director
Wayne Salit, Anti-Money Laundering Compliance Officer
Christian Zugel, Independent Director
Kenneth Froewiss, Independent Director
Christian Strenger, Chairman of the Board
Holger Hatje, Independent Director
Alyssa Asbury, Assistant Secretary
Donna White, Chief Compliance Officer
Michelle GoveiaPine, Interim Anti-Money Laundering Compliance Officer
John Millette, Secretary
Diane Kenneally, Chief Financial Officer, Treasurer
Melinda Morrow, Vice President
Caroline Pearson, Chief Legal Officer
Wilhelm Bender, Independent Director
Friedbert Malt, Independent Director
Scott Hogan, Chief Compliance Officer
Richard Goeltz, Independent Director
Detlef Bierbaum, Independent Director

European Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is European Equity 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.

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Other Information on Investing in European Fund

European Equity financial ratios help investors to determine whether European Fund 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 European with respect to the benefits of owning European Equity security.
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