Donald Pether - Emera Independent Director

EMA Stock  CAD 59.18  0.49  0.83%   

Director

Mr. Donald A. Pether is an Independent Director of Emera Incorporated. Mr. Pether was a Director since November 2008. He was a member of the Nominating and Corporationrationrate Governance Committee since May 2009, and was appointed Chair of the Committee in April 2012. He became a member of the Health, Safety and Environment Committee in November 2017, and was a member of the Audit Committee from November 2014 to November 2017. He was also a member of the Management Resources and Compensation Committee from May 2009 to September 2014. He was a member of the ad hoc Pension Governance Committee from its inception in November 2013 until its termination in May 2014. Mr. Pether is the former Chair of the Board and Chief Executive Officer of ArcelorMittal Dofasco Inc., a Canadian steel producer. He is a pastChair of the Board of the Hamilton Health Sciences Foundation, the McMaster Innovation Park and McMaster University. He currently sits on the Board of the Manning Innovation Awards Foundation, the Board of the National Gallery of Canada Foundation and the Council of Governors for the Art Gallery of Hamilton. He is a Director of Samuel, Son Co. Ltd. and Schlegel Health Care Inc. Mr. Pether has a BS in Metallurgical Engineering from the University of Alberta and holds an honorary Doctor of Laws from McMaster University. Mr. Pethers experience as a chief executive officer of a steel producer owning assets in the mining and automotive parts industry, and with employees in the US, Mexico and Canada, provides him with valuable business and stakeholder skills. Mr. Pethers experience throughout his career with employee and labour relations, as well as with innovative manufacturing and maintenance processes, are of significant benefit to the Board. since 2008.
Age 70
Tenure 17 years
Address Emera Place, Halifax, NS, Canada, B3J 1A1
Phone902-428-6096
Webhttps://www.emera.com
Pether has a BS in Metallurgical Engineering from the University of Alberta and a Doctor of Laws from McMaster University.

Emera Management Efficiency

The company has return on total asset (ROA) of 0.0203 % which means that it generated a profit of $0.0203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0448 %, meaning that it generated $0.0448 on every $100 dollars invested by stockholders. Emera's management efficiency ratios could be used to measure how well Emera manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of March 2025, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Emera's Fixed Asset Turnover is very stable compared to the past year. As of the 22nd of March 2025, Asset Turnover is likely to grow to 0.28, while Non Currrent Assets Other are likely to drop about 1.7 B.
Emera Inc has accumulated 1.63 B in total debt with debt to equity ratio (D/E) of 1.62, which is about average as compared to similar companies. Emera Inc has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Emera until it has trouble settling it off, either with new capital or with free cash flow. So, Emera'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 Emera Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera's use of debt, we should always consider it together with cash and equity.

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Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company was incorporated in 1998 and is headquartered in Halifax, Canada. EMERA INCORPORATED operates under Diversified Utilities classification in Canada and is traded on Toronto Stock Exchange. Emera Inc (EMA) is traded on Toronto Exchange in Canada and employs 7,605 people. Emera is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

Emera Inc Leadership Team

Elected by the shareholders, the Emera's board of directors comprises two types of representatives: Emera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Emera. The board's role is to monitor Emera's management team and ensure that shareholders' interests are well served. Emera'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, Emera's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory Blunden, Chief Financial Officer
James Bertram, Independent Director
Nancy Tower, President, Chief Executive officer - Tampa Electric
Michael Roberts, Chief Human Resource Officer
FCPA FCA, Chief Officer
R Roberts, Chief Human Resource Officer
B Loewen, Independent Director
Robert Hanf, Executive Vice President - Stakeholder Relations and Regulatory Affairs
M Sheppard, Independent Chairman of the Board
Donald Pether, Independent Director
Chris Heck, Chief Officer
Lisa Merrithew, Vice Affairs
Henry Demone, Independent Director
Andrea Rosen, Independent Director
Daniel Muldoon, Executive Vice President - Major Renewables and Alternative Energy
Richard PEng, Canada Utilities
Michael CA, Chief Officer
Karen Hutt, President and CEO of NSP
Richard Sergel, Independent Director
Stephen Aftanas, Corporate Secretary
Sarah MacDonald, Executive Vice President - Corporate Safety and Environment
Judy FCA, President Inc
Kent Harvey, Independent Director
Richard Janega, Chief Operating Officer - Electric Utilities, Canada, U.S. Northeast and Caribbean
Dave Bezanson, Vice Pensions
Roger Blackman, Managing Company
Wayne OConnor, Executive Vice President - Business Development and Strategy
Archibald Collins, President Electric
Scott LaFleur, IR Contact Officer
John Ramil, Director
Scott Balfour, CFO, Executive VP and COO of Northeast United States and Caribbean
Jochen Tilk, Independent Director
Sylvia Chrominska, Independent Director
Bruce Marchand, Chief Compliance Officer, Chief Legal Officer
Scott Hastings, Senior Markets

Emera 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 Emera 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 Emera

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 Emera 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 Emera will appreciate offsetting losses from the drop in the long position's value.

Moving together with Emera Stock

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Moving against Emera Stock

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The ability to find closely correlated positions to Emera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera 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 Emera - 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 Emera Inc to buy it.
The correlation of Emera 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 Emera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Inc 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 Emera 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Emera Stock

Emera financial ratios help investors to determine whether Emera 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 Emera with respect to the benefits of owning Emera security.