Peter Baccile - First Industrial President, Chief Executive Officer, Director

F5W Stock  EUR 48.40  0.20  0.41%   

CEO

Mr. Peter E. Baccile was appointed as President, Chief Executive Officer, Director of the Company effective December 1, 2016. He brings more than 30 years of management, real estate and financial expertise to the Company. Prior to joining the Company, he served as Joint Global Head of the Real Estate, Lodging and Leisure Group within UBS Securities, LLCs investment banking division from June 2012 to September 2016. Prior to that, Mr. Baccile served in various senior leadership roles during his 26year tenure at J.P. Morgan. Most recently, he was Vice Chairman of J.P. Morgan Securities Inc. He also served as CoHead of the General Industries Investment Banking Coverage Group which encompassed Real Estate, Lodging, Gaming, Diversified Industrials, Paper Packing and Building Products, and Transportation. Before that he served as Global Head of J.P. Morgans Real Estate, Lodging and Gaming Investment Banking group for 10 years. Mr. Baccile is a member of the National Association of Real Estate Investment Trusts and The Real Estate Roundtable where he was past Chairman of the Real Estate Capital Policy advisory committee. He is a past trustee of the International Council of Shopping Centers and the Urban Land Institute . Mr. Bacciles extensive experience in real estate management and finance is critical to his ability to lead the Company as its Chief Executive Officer, and is a valuable asset to the Board of Directors. Moreover, as the Companys Chief Executive Officer, Mr. Baccile brings to the Board of Directors his indepth knowledge of our business, strategy, operations, competition and financial position since 2016.
Age 61
Tenure 8 years
Phone(312) 344-4300
Webhttps://www.firstindustrial.com
Baccile’s membership on the Board of Directors is critical to ensuring appropriate coordination and communication between the Company’s executive officers and the Board of Directors.

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

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CEO Age

Joost UwentsWarehouses De Pauw
54
Tony PauwWarehouses De Pauw
69
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.
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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.