Bruce Duncan - First Industrial President CEO, Director

F5W Stock  EUR 48.40  0.20  0.41%   

CEO

Mr. Bruce W. Duncan is Chairman of the Board of First Industrial Realty Trust, Inc. Mr. Duncan also served as the Companys President from January 2009 through September 2016, and its Chief Executive Officer from January 2009 through November 2016. Mr. Duncan presently serves as a director of Marriot International, Inc. and Boston Properties, Inc., and as an Independent Director of the T. Rowe Price Funds. He formerly served as Chairman of the Board of Starwood Hotels Resorts Worldwide, Inc. from 2005 to September 2016. From April 2007 to September 2007, Mr. Duncan served as Chief Executive Officer of Starwood on an interim basis. Mr. Duncan served as a director of Starwood from 1999 through September 2016 and as a trustee of the REIT subsidiary of Starwood from 1995 to 2006. He also was a senior advisor to Kohlberg Kravis Roberts Co. from July 2008 until January 2009. From May 2005 to December 2005, Mr. Duncan was Chief Executive Officer and Trustee of Equity Residential, a publicly traded apartment company. From January 2003 to May 2005, he was President, Chief Executive Officer and Trustee, and from April 2002 to December 2002, President and Trustee of EQR. From December 1995 until March 2000, Mr. Duncan served as Chairman, President and Chief Executive Officer of Cadillac Fairview Corporationrationration, a real estate operating company. From January 1992 to October 1994, Mr. Duncan was President and CoChief Executive Officer of JMB Institutional Realty Corporationrationration, providing advice and management for investments in real estate by taxexempt investors, and from 1978 to 1992 he worked for JMB Realty Corporationrationration, where he served in various capacities, ultimately serving as Executive Vice President and a member of the Board of Directors. Mr. Duncan currently serves on the Board of Governors and the Governing Council of the Investment Company Institute and the Board of Governors of the Independent Directors Counsel. since 2016.
Age 67
Tenure 8 years
Phone(312) 344-4300
Webhttps://www.firstindustrial.com
Duncan has served as a director of Starwood since 1999 and as a trustee of the REIT subsidiary of Starwood from 1995 to 2006. He also was a senior advisor to Kohlberg Kravis & Roberts & Co. from July 2008 until January 2009. From May 2005 to December 2005, Mr. Duncan was Chief Executive Officer and Trustee of Equity Residential, a publicly traded apartment company. From January 2003 to May 2005, he was President, Chief Executive Officer and Trustee, and from April 2002 to December 2002, President and Trustee of EQR. From December 1995 until March 2000, Mr. Duncan served as Chairman, President and Chief Executive Officer of Cadillac Fairview Corporationrationrationration, a real estate operating company. From January 1992 to October 1994, Mr

Bruce Duncan Latest Insider Activity

Tracking and analyzing the buying and selling activities of Bruce Duncan against First Industrial stock is an integral part of due diligence when investing in First Industrial. Bruce Duncan insider activity provides valuable insight into whether First Industrial is net buyers or sellers over its current business cycle. Note, First Industrial insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Industrial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Industrial Management Efficiency

The company has return on total asset (ROA) of 0.0293 % which means that it generated a profit of $0.0293 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1597 %, meaning that it generated $0.1597 on every $100 dollars invested by stockholders. First Industrial's management efficiency ratios could be used to measure how well First Industrial manages its routine affairs as well as how well it operates its assets and liabilities.
First Industrial Realty has accumulated 1.92 B in total debt with debt to equity ratio (D/E) of 0.81, which is about average as compared to similar companies. First Industrial Realty has a current ratio of 1.22, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist First Industrial until it has trouble settling it off, either with new capital or with free cash flow. So, First Industrial'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 First Industrial Realty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Industrial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CEO Age

Tony PauwWarehouses De Pauw
69
Joost UwentsWarehouses De Pauw
54
is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020. FIRST IND operates under REITIndustrial classification in Germany and is traded on Frankfurt Stock Exchange. It employs 153 people. First Industrial Realty (F5W) is traded on Frankfurt Exchange in Germany and employs 157 people.

Management Performance

First Industrial Realty Leadership Team

Elected by the shareholders, the First Industrial's board of directors comprises two types of representatives: First Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Industrial's management team and ensure that shareholders' interests are well served. First Industrial'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, First Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Harker, Executive Vice President Central Region
Denise Olsen, Independent Director
Arthur Harmon, VP Marketing
Peter Schultz, Executive Vice President East Region
Leonard Sharpe, Independent Director
Adam Moore, Regional Milwaukee
Peter Baccile, President, Chief Executive Officer, Director
Christopher CPA, VP Officer
Scott Musil, Chief Financial Officer
Jennifer Rice, G Sec
Brenda Smith, VP HR
John Rau, Lead Independent Director
Marcus Smith, Director
Matthew Dominski, Chairman of the Board
Bruce Duncan, President CEO, Director
Johannson Yap, Chief Investment Officer
H Hackett, Independent Director
Sara Niemiec, Chief Officer

First 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 First Industrial 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.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in First Stock

When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Industrial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between First Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.