Douglas Wheat - Overseas Shipholding Independent Non-Executive Chairman of the Board

OSGDelisted Stock  USD 8.49  0.00  0.00%   

Chairman

Mr. Douglas D. Wheat J.D. is Independent NonExecutive Chairman of the Board of the Company. Mr. Wheat has served as Chairman of the Board of OSG since December 2014. He is currently the Managing Partner of Wheat Investments, a private investment firm. From 2007 to 2016, he was the founding and Managing Partner of the private equity company Southlake Equity Group. From 1992 until 2006, Mr. Wheat was President of Haas Wheat Partners. Prior to the formation of Haas Wheat, Mr. Wheat was a founding member of the merchant banking group at Donaldson, Lufkin Jenrette where he specialized in leveraged buyout financing. From 1974 to 1984, Mr. Wheat practiced corporate and securities law in Dallas, Texas. Mr. Wheat is currently the Chairman of the Board of Directors of International Seaways, Inc. and is also the Chairman of the Board of Directors of AMN Healthcare Services, Inc. . He was a director of AMN since 1999, becoming Chairman in 2007. He previously served as Vice Chairman of Dex Media, Inc. and as Chairman of SuperMedia prior to its merger with Dex One. Mr. Wheat has also previously served as a member of the Board of Directors of several other companies including among others Playtex Products Dr PepperSevenUp Companies, Inc. Dr Pepper Bottling of the Southwest, Inc. Walls Industries, Inc. Alliance Imaging, Inc. Thermadyne Industries, Inc. Sybron International Corporation Nebraska Book Corporation ALC Communications Corporation Mothers Cookies, Inc. and Stella Cheese Company since 2014.
Age 70
Tenure 10 years
Phone813 209 0600
Webhttps://www.osg.com
Wheat received both his Juris Doctor and BS degrees from the University of Kansas.

Douglas Wheat Latest Insider Activity

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

Overseas Shipholding Management Efficiency

The company has Return on Asset of 0.0556 % which means that on every $100 spent on assets, it made $0.0556 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1824 %, implying that it generated $0.1824 on every 100 dollars invested. Overseas Shipholding's management efficiency ratios could be used to measure how well Overseas Shipholding manages its routine affairs as well as how well it operates its assets and liabilities.
Overseas Shipholding Group has 573.89 M in debt with debt to equity (D/E) ratio of 1.71, which is OK given its current industry classification. Overseas Shipholding has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Overseas to invest in growth at high rates of return.

Similar Executives

Found 3 records

CHAIRMAN Age

Ola LorentzonFrontline
71
David SchellenbergTeekay
56
John FredriksenFrontline
76
Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels. The company was founded in 1948 and is headquartered in Tampa, Florida. Overseas Shipholding operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 953 people. Overseas Shipholding Group (OSG) is traded on New York Stock Exchange in USA and employs 1,078 people.

Management Performance

Overseas Shipholding Leadership Team

Elected by the shareholders, the Overseas Shipholding's board of directors comprises two types of representatives: Overseas Shipholding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Overseas. The board's role is to monitor Overseas Shipholding's management team and ensure that shareholders' interests are well served. Overseas Shipholding'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, Overseas Shipholding's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA, VP CFO
Anja Manuel, Independent Director
Damon Mote, Vice President and Chief Administrative Officer
Julie Silcock, Independent Director
Samuel Norton, President, Chief Executive Officer, Director
Richard CPA, VP CFO
John Reddy, Independent Director
Douglas Wheat, Independent Non-Executive Chairman of the Board
Rebecca DeLaet, Independent Director
Gary Taylor, Independent Director
Joseph Kronsberg, Independent Director
Susan Allan, Vice President General Counsel and Corporate Secretary
Richard Trueblood, Chief Financial Officer, Vice President
Patrick OHalloran, Chief Operations Officer, Vice President
Ty Wallach, Independent Director

Overseas 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 Overseas Shipholding 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.

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Other Consideration for investing in Overseas Stock

If you are still planning to invest in Overseas Shipholding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Overseas Shipholding's history and understand the potential risks before investing.
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