Duncan Jessiman - Exchange Income Executive Vice Chairman of the Board
| EIF Stock | CAD 56.98 0.06 0.11% |
Chairman
Mr. Duncan D. Jessiman, QC, is an Executive Vice Chairman of the Board of Exchange Income Corporationrationration. Mr. Jessiman holds a Bachelor of Commerce degree and a Law degree from the University of Manitoba and developed the concept for the Corporation with Mr. Pyle and started it in 2002. Mr. Jessiman originally served as Chair and Chief Executive Officer of the Corporationrationration, but gave up the Chair in 2005 in accordance with good governance practices at the time. He then gave up the position of CEO on August 1, 2006 for family reasons and became Executive ViceChair in charge of special projects. Before starting the Corporationrationration, Mr. Jessiman practiced law in Winnipeg in the areas of corporate, commercial and securities law. Mr. Jessiman was a member of the TSX Venture Exchange Winnipeg Local Advisory Committee former director of Consolidated Properties Ltd., a TSX listed company former director of Geocrude Energy Inc., a TSX listed company which was taken over by Canada North West Energy Inc. former director of Pan Cana Industries Ltd., a TSX listed company which was taken over by Geocrude Energy Inc. and a former director of Enerplus Energy Services Ltd., the management company for Enerplus Resources Fund. Mr. Jessiman is currently the President of two private corporations Progressive Holdings Inc. and Vexxit Inc. Mr. Jessiman devotes a significant amount of his working time to the business of the Corporationrationration. since 2009.
| Age | 72 |
| Tenure | 15 years |
| Address | 101-990 Lorimer Boulevard, Winnipeg, MB, Canada, R3P 0Z9 |
| Phone | 204 982 1857 |
| Web | https://www.exchangeincomecorp.ca |
Exchange Income Management Efficiency
The company has return on total asset (ROA) of 0.0462 % which means that it generated a profit of $0.0462 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0968 %, meaning that it generated $0.0968 on every $100 dollars invested by stockholders. Exchange Income's management efficiency ratios could be used to measure how well Exchange Income manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Exchange Income's Return On Tangible Assets are very stable compared to the past year. As of the 4th of December 2024, Return On Assets is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.06. At this time, Exchange Income's Other Assets are very stable compared to the past year. As of the 4th of December 2024, Return On Tangible Assets is likely to grow to 0.05, while Other Current Assets are likely to drop about 32.7 M.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| James Bertram | Keyera Corp | 62 | |
| James Pantelidis | Parkland Fuel | 73 | |
| Alain Bedard | TFI International | 65 | |
| Donald Lowry | Capital Power | 67 | |
Management Performance
| Return On Equity | 0.0968 | ||||
| Return On Asset | 0.0462 |
Exchange Income Leadership Team
Elected by the shareholders, the Exchange Income's board of directors comprises two types of representatives: Exchange Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Exchange. The board's role is to monitor Exchange Income's management team and ensure that shareholders' interests are well served. Exchange Income'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, Exchange Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Buckley, Independent Director | ||
| Duncan QC, Executive Chairman | ||
| Michael MBA, CEO Director | ||
| David White, Executive Vice President - Aviation | ||
| Melissa Sonberg, Independent Director | ||
| QC LLB, President | ||
| LLB QC, President | ||
| Grace Schalkwyk, Independent Director | ||
| Michael Pyle, CEO, Director, Member of Aviation Sector Committee, Member of Manufacturing Sector Committee and Member of Disclosure and Competition Committee | ||
| Donald Streuber, Independent Director | ||
| Brad Bennett, Independent Director | ||
| Gary Filmon, Independent Chairman of the Board | ||
| Travis Muhr, Chief Officer | ||
| Duncan Jessiman, Executive Vice Chairman of the Board | ||
| Doron Marom, CEO of Regional One, Inc | ||
| Dianne Spencer, Corporate Secretary | ||
| Darwin Sparrow, Chief Operating Officer | ||
| Darren Francis, CEO LP | ||
| Carmele Peter, Chief Administrative Officer | ||
| Hank Gibson, I One | ||
| Polly Craik, Independent Director | ||
| Curtis Anderson, Chief Officer | ||
| Pam Plaster, Vice Development | ||
| Brian Chafe, CEO of Provincial Aerospace Ltd | ||
| Serena Kraayeveld, Independent Director | ||
| Richard Wowryk, Chief Officer | ||
| Darryl Bergman, Chief Financial Officer | ||
| MBA MBA, CEO Director | ||
| Steven Stennett, Chief Officer | ||
| Edward Warkentin, Independent Director | ||
| Adam Terwin, Chief Corporate Development Officer |
Exchange 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 Exchange Income 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 | 0.0968 | ||||
| Return On Asset | 0.0462 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 4.86 B | ||||
| Shares Outstanding | 47.63 M | ||||
| Shares Owned By Insiders | 6.36 % | ||||
| Shares Owned By Institutions | 11.55 % | ||||
| Number Of Shares Shorted | 2.18 M | ||||
| Price To Earning | 21.72 X |
Pair Trading with Exchange Income
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 Exchange Income 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 Exchange Income will appreciate offsetting losses from the drop in the long position's value.Moving together with Exchange Stock
| 0.8 | BMO-PE | Bank of Montreal Earnings Call Tomorrow | PairCorr |
| 0.97 | BMO | Bank of Montreal Earnings Call Tomorrow | PairCorr |
| 0.79 | RY-PS | Royal Bank Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Exchange Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exchange Income 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 Exchange Income - 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 Exchange Income to buy it.
The correlation of Exchange Income 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 Exchange Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exchange Income 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 Exchange Income 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 Exchange Stock
Exchange Income financial ratios help investors to determine whether Exchange 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 Exchange with respect to the benefits of owning Exchange Income security.