Alan Torrie - Extendicare Independent Chairman of the Board
| EXE Stock | CAD 13.04 0.01 0.08% |
Chairman
Mr. Alan D. Torrie is Independent Chairman of the Board of the Company. Mr. Torrie was the President and Chief Executive Officer of Morneau Shepell Ltd. since 2008, and a member of its board of directors since 2005. He plans to retire from Morneau Shepell at its annual meeting in May 2017 and, as announced, is expected to succeed Mr. Hutzel as Chairman of the Board immediately following the Meeting. Morneau Shepell, a TSX listed company, is a leading provider of Employee and Family Assistance Programs, the largest administrator of pension and benefits plans and the largest provider of integrated absence management solutions in Canada. Mr. Torrie has over 30 years of experience as a senior executive leader in the seniors housing and health and science industries, including as Chief Operating Officer of RRR from 2005 to 2007, before it was taken private as Revera Inc., and in a number of senior executive positions at MDS Inc. from 1987 to 2005, where he served as Executive Vice President of MDS Inc., and as President and Chief Executive Officer of MDS Diagnostics and MDS Laboratories . He has also served as ExecutiveinResidence with Clairvest Private Equity, a Torontobased private equity management firm, and earlier in his career as the President and CEO of Joseph Brant Hospital and Chief Operating Officer and Vice President of Humber Memorial Hospital. Mr. Torrie has served on numerous community boards, and is currently a director and Chairman of the Finance Committee of Appleby College. In addition, he is past Chair of Trillium Health Partners and previously served on the board of Cynapsus Therapeutics and as a member of its Audit Committee since 2017.
| Age | 68 |
| Tenure | 8 years |
| Address | 3000 Steeles Avenue East, Markham, ON, Canada, L3R 4T9 |
| Phone | 905 470 4000 |
| Web | https://www.extendicare.com |
Extendicare Management Efficiency
The company has return on total asset (ROA) of 0.0998 % which means that it generated a profit of $0.0998 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.7086 %, meaning that it generated $0.7086 on every $100 dollars invested by stockholders. Extendicare's management efficiency ratios could be used to measure how well Extendicare manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Extendicare's Return On Tangible Assets are very stable compared to the past year. As of the 21st of March 2025, Return On Assets is likely to grow to 0.11, while Return On Capital Employed is likely to drop 0.12. At this time, Extendicare's Debt To Assets are very stable compared to the past year. As of the 21st of March 2025, Fixed Asset Turnover is likely to grow to 5.21, while Non Currrent Assets Other are likely to drop about 28 M.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| Gary Filmon | Exchange Income | 76 | |
| Duncan Jessiman | Exchange Income | 72 | |
| Duncan QC | Exchange Income | 79 | |
| Dino Chiesa | Sienna Senior Living | 71 | |
Management Performance
| Return On Equity | 0.71 | ||||
| Return On Asset | 0.0998 |
Extendicare Leadership Team
Elected by the shareholders, the Extendicare's board of directors comprises two types of representatives: Extendicare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Extendicare. The board's role is to monitor Extendicare's management team and ensure that shareholders' interests are well served. Extendicare'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, Extendicare's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jillian CPA, Vice Relations | ||
| Ali Mir, Vice President - ParaMed Operations | ||
| Samir Manji, Independent Director | ||
| Brent Houlden, Independent Director | ||
| Kathryn Bradley, Vice Development | ||
| MBA MD, President CEO | ||
| Amie Vahrmeyer, Vice ON | ||
| Jillian Fountain, Vice President - Investor Relations | ||
| Liselie Sarauer, Chief Human Resource Officer, Senior Vice President | ||
| Katie LeMoyne, Senior Officer | ||
| Bruce Wienberg, VP Care | ||
| Elaine Everson, Vice President - Corporate Development | ||
| Danielle Parr, Vice Affairs | ||
| Sandra Hanington, Independent Director | ||
| Wendy Gilmour, Senior Operations | ||
| Lisa Pearson, VP Affairs | ||
| Alan Hibben, Independent Director | ||
| David Bacon, Chief Financial Officer, Senior Vice President | ||
| Matthew Morgan, Chief Officer | ||
| Leslie Sarauer, VP Officer | ||
| Donna Kingelin, Independent Director | ||
| Joe Belinsky, VP Officer | ||
| Alan Torrie, Independent Chairman of the Board | ||
| Michael Guerriere, President, Chief Executive Officer, Director | ||
| Norma Beauchamp, Independent Director | ||
| David CPA, Executive CFO | ||
| John Toffoletto, Senior Vice President Chief Legal Officer and Corporate Secretary | ||
| Steve Paraskevopoulos, Senior CTO | ||
| Aladin Mawani, Independent Director |
Extendicare 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 Extendicare 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 | 0.71 | ||||
| Return On Asset | 0.0998 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.26 B | ||||
| Shares Outstanding | 83.47 M | ||||
| Shares Owned By Insiders | 13.92 % | ||||
| Shares Owned By Institutions | 20.55 % | ||||
| Number Of Shares Shorted | 1.2 M | ||||
| Price To Earning | 26.74 X |
Pair Trading with Extendicare
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 Extendicare 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 Extendicare will appreciate offsetting losses from the drop in the long position's value.Moving together with Extendicare Stock
The ability to find closely correlated positions to Extendicare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extendicare 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 Extendicare - 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 Extendicare to buy it.
The correlation of Extendicare 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 Extendicare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extendicare 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 Extendicare 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 Extendicare Stock
Extendicare financial ratios help investors to determine whether Extendicare 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 Extendicare with respect to the benefits of owning Extendicare security.