Michael OKane - Jefferies Financial Lead Independent Director

JEF Stock  USD 59.18  0.12  0.20%   

Director

Mr. Michael T. OKane is Lead Independent Director of the Company. Mr. OKane was a director of Jefferies Group from May 2006 through April 2014. From 1986 to 2004, Mr. OKane served in various capacities for TIAACREF, first as a Managing Director Private Placements from 1986 to 1990, then as Managing Director Structured Finance from 1990 to 1996 and finally as Senior Managing Director Securities Division from 1996 to 2004, when he was responsible for approximately 120 billion of fixed income and 3.5 billion of private equity assets under management. Since August 2005, Mr. OKane has also served on the Board of Directors of Assured Guaranty, is currently serving on its Audit Committee, is Chair of its Finance Committee and was previously a member of its Risk Oversight Committee. In addition, Mr. OKane served on the Board of Trustees of Scholarship America, a nonprofit company engaged in providing scholarships for young students to attend college, from 2001 to 2006. Mr. OKane was also the Chief Financial Officer of Motor Coils Manufacturing Company during 1984 and 1985 since 2020.
Age 75
Tenure 5 years
Professional MarksMBA
Phone(212) 284-2300
Webhttps://www.jefferies.com
O’Kane received an M.B.A. in Finance from Rutgers Graduate School of Business and an A.B. in Economics from Lafayette College.

Jefferies Financial Management Efficiency

The company has Return on Asset of 0.0117 % which means that on every $100 spent on assets, it made $0.0117 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0711 %, implying that it generated $0.0711 on every 100 dollars invested. Jefferies Financial's management efficiency ratios could be used to measure how well Jefferies Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Jefferies Financial Group has 443.16 M in debt with debt to equity (D/E) ratio of 2.33, meaning that the company heavily relies on borrowing funds for operations. Jefferies Financial has a current ratio of 1.59, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Jefferies to invest in growth at high rates of return.

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Jefferies Financial Group Inc. engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. Jefferies Financial Group Inc. was founded in 1962 and is headquartered in New York, New York. Jefferies Financial operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 5347 people. Jefferies Financial Group (JEF) is traded on New York Stock Exchange in USA. It is located in 520 Madison Avenue, New York, NY, United States, 10022 and employs 7,822 people. Jefferies Financial is listed under Multi-Sector Holdings category by Fama And French industry classification.

Management Performance

Jefferies Financial Leadership Team

Elected by the shareholders, the Jefferies Financial's board of directors comprises two types of representatives: Jefferies Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jefferies. The board's role is to monitor Jefferies Financial's management team and ensure that shareholders' interests are well served. Jefferies Financial'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, Jefferies Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
MaryAnne Gilmartin, Independent Director
Melissa Weiler, Independent Director
Linda Adamany, Lead Independent Director
Oliver Diehl, MD Markets
Chad Parker, Global Transportation
John Dalton, Chief Accounting Officer, Vice President Controller
Robert Joyal, Independent Director
Mark Cagno, CoController VP
Barry Alperin, Independent Director
Christopher Laskowski, Head Banking
Francisco Borges, Lead Independent Director
Jacob Katz, Independent Director
Philip Yates, Vice Banking
Brian Friedman, President Director
Thomas Jones, Independent Director
Joseph Steinberg, Chairman of the Board
Robert Beyer, Independent Director
Ashish Jhaveri, Head India
JD CPA, President Director
Teresa Gendron, Chief Financial Officer, Vice President
Michael Sharp, Executive Vice President General Counsel
Matrice Kirk, Independent Director
Michael OKane, Lead Independent Director
Ulrich Boeckmann, Austria Germany
Jimmy Hallac, Managing Director
Stuart Reese, Independent Director
Peter Colwell, Energy Industrial
Thomas Blackmore, Head Markets
Matthew Larson, CoChief VP
Jun Wu, Head Asia
Richard Handler, Chief Executive Officer, Director
Rocco Nittoli, Chief Compliance Officer, Vice President Treasurer
Michael JD, Executive Counsel
Paul Frean, Chief Officer

Jefferies 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 Jefferies Financial 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 Jefferies Financial is a strong investment it is important to analyze Jefferies Financial'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 Jefferies Financial's future performance. For an informed investment choice regarding Jefferies 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 Jefferies Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Multi-Sector Holdings 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 Jefferies Financial. If investors know Jefferies 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 Jefferies Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jefferies Financial is measured differently than its book value, which is the value of Jefferies that is recorded on the company's balance sheet. Investors also form their own opinion of Jefferies Financial's value that differs from its market value or its book value, called intrinsic value, which is Jefferies Financial'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 Jefferies Financial's market value can be influenced by many factors that don't directly affect Jefferies Financial'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 Jefferies Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jefferies Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jefferies Financial'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.