Thomas Brosig - Griffon Independent Director

GFF Stock  USD 70.80  0.71  0.99%   

Director

Mr. Thomas J. Brosig is Independent Director of the Company., since 2015. Since January 2017, Mr. Brosig was President of Nikki Beach, a global multifaceted luxury lifestyle and hospitality brand. From November 2015 to December 2016, Mr. Brosig provided financial and operational consulting services to Nikki Beach. From 2012 to October 2015, Mr. Brosig served as a strategic business consultant, providing financial and operational consulting services to a variety of companies primarily in the gaming and hospitality industries. Mr. Brosig was Chief Executive Officer of MVB Holdings LLC, owner of a resort and gaming property located in Biloxi, Mississippi, from December 2011 until August 2012, and President from August 2012 to November 2012. Prior to joining MVB Holdings, Mr. Brosig was a consultant in the gaming and hospitality industries from 2003 to 2011. From January 1999 through February 2003, he served as Senior Vice President of Park Place Entertainment Corporationrationration, one of the largest owners and operators of casinos in the world. Prior to that time, he served a predecessor company, Grand Casinos, Inc., in a variety of executive roles from January 1990 to January 1999. Mr. Brosig serves on the Board of Directors of GIII Apparel Group, LTD. . Mr. Brosigs extensive experience as a corporate executive and as a business consultant allows him to assist the Board in all aspects of corporate management and operational matters. since 2015.
Age 71
Tenure 10 years
Address 712 Fifth Avenue, New York, NY, United States, 10019
Phone212 957 5000
Webhttps://www.griffon.com

Griffon Management Efficiency

The company has Return on Asset of 0.121 % which means that on every $100 spent on assets, it made $0.121 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.9305 %, implying that it generated $0.9305 on every 100 dollars invested. Griffon's management efficiency ratios could be used to measure how well Griffon manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Griffon's Return On Equity is most likely to increase slightly in the upcoming years. At this time, Griffon's Intangible Assets are most likely to increase significantly in the upcoming years. The Griffon's current Other Assets is estimated to increase to about 36.4 M, while Other Current Assets are projected to decrease to roughly 60.8 M.
Griffon has 1.71 B in debt with debt to equity (D/E) ratio of 1.97, which is OK given its current industry classification. Griffon has a current ratio of 2.21, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Griffon to invest in growth at high rates of return.

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Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation was founded in 1959 and is headquartered in New York, New York. Griffon Corp operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 6700 people. Griffon (GFF) is traded on New York Stock Exchange in USA. It is located in 712 Fifth Avenue, New York, NY, United States, 10019 and employs 5,300 people. Griffon is listed under Building Products category by Fama And French industry classification.

Management Performance

Griffon Leadership Team

Elected by the shareholders, the Griffon's board of directors comprises two types of representatives: Griffon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Griffon. The board's role is to monitor Griffon's management team and ensure that shareholders' interests are well served. Griffon'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, Griffon's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Brosig, Independent Director
Jerome Coben, Independent Director
David Sweet, Vice Sustainability
Henry Alpert, Independent Director
Louis Grabowsky, Independent Director
Samanta Stewart, Independent Director
Christopher Durborow, Controller VP
Robert Harrison, Independent Director
Thomas Gibbons, VP Treasurer
Michael Hansen, Vice Development
Robert Mehmel, President, Chief Executive Officer, Director
Seth Kaplan, Senior Vice President, General Counsel, Secretary
William Waldorf, Independent Director
Victor Weldon, President Corporation
James Sight, Independent Director
Victor Renuart, Independent Director
Ronald Kramer, Vice Chairman, CEO and Member of Fin. Committee
Kevin Sullivan, Independent Director
Michael Sarrica, Senior Vice President - Operations
Cheryl Turnbull, Independent Director
Brian Harris, Chief Financial Officer, Senior Vice President
Lacy Johnson, Independent Director

Griffon 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 Griffon 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

When determining whether Griffon is a strong investment it is important to analyze Griffon'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 Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.817
Dividend Share
0.63
Earnings Share
4.9
Revenue Per Share
55.874
Quarterly Revenue Growth
(0.02)
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon'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.