William Turner - Standard Presiding Independent Director

SMP Stock  USD 32.78  0.10  0.31%   

Director

Mr. William H. Turner is Presiding Independent Director of the Company. Mr. Turner has served as our Presiding Independent Director since January 2006, and as a director of the Company since May 1990. Formerly, Mr. Turner served as a director of Ameriprise Financial, Inc., Volt Information Sciences, Inc., Franklin Electronic Publishers, Inc. and New Jersey Resources Corporation. In May 2015, Mr. Turner was elected as Chairman of the Board of Trustees of Bloomfield College, and since 1985, he has served as Chairman of the Board of Trustees of the International College, Beirut, Lebanon. From 2008 to 2010, Mr. Turner served as Acting Dean of the Business School at Montclair State University, and from 2004 to 2008, he served as the Dean of the College of Business at Stony Brook University. Mr. Turner served as the Senior Partner of Summus Ltd., a consulting firm, from 2002 to 2004. From 1997 to 2002, he served in various capacities at PNC Bank NJ, including President, Chief Executive Officer and Chairman Northeast Region. He was President and CoChief Executive Officer of Franklin Electronic Publishers, Inc. from 1996 to 1997. Prior to that time, he was the Vice Chairman of Chase Manhattan Bank and its predecessor, Chemical Banking Corporation since 2006.
Age 80
Tenure 18 years
Professional MarksMBA
Address 37-18 Northern Boulevard, Long Island City, NY, United States, 11101
Phone718 392 0200
Webhttps://www.smpcorp.com
Turner completed the Advanced Management Program from Harvard Business School, and he holds an MBA from New York University and a BA from Trinity College.

William Turner Latest Insider Activity

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

Standard Management Efficiency

The company has Return on Asset of 0.0659 % which means that on every $100 spent on assets, it made $0.0659 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0962 %, implying that it generated $0.0962 on every 100 dollars invested. Standard's management efficiency ratios could be used to measure how well Standard manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/29/2024, Return On Tangible Assets is likely to drop to 0.03. In addition to that, Return On Capital Employed is likely to drop to 0.09. As of 11/29/2024, Non Current Liabilities Total is likely to grow to about 354.8 M, while Total Current Liabilities is likely to drop slightly above 234.6 M.
Standard Motor Products has 245.19 M in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Standard Motor Products has a current ratio of 2.02, 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 Standard to invest in growth at high rates of return.

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Standard Motor Products, Inc. manufactures and distributes replacement parts that are used in the maintenance, repair, and service of vehicles in the automotive aftermarket industry with a complementary focus on specialized original equipment parts for manufacturers across agriculture, heavy duty, and construction equipment industries. The company was founded in 1919 and is headquartered in Long Island City, New York. Standard operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 5000 people. Standard Motor Products (SMP) is traded on New York Stock Exchange in USA. It is located in 37-18 Northern Boulevard, Long Island City, NY, United States, 11101 and employs 5,200 people. Standard is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Standard Motor Products Leadership Team

Elected by the shareholders, the Standard's board of directors comprises two types of representatives: Standard inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Standard. The board's role is to monitor Standard's management team and ensure that shareholders' interests are well served. Standard'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, Standard's outside directors are responsible for providing unbiased perspectives on the board's policies.
William Fazio, Chief Accounting Officer
Eric Sills, President, Chief Executive Officer, Director
Carmine Broccole, Senior Vice President, General Counsel, Secretary
Dale Burks, Executive Vice President, Chief Commercial Officer
Roger Widmann, Independent Director
Erin CPA, Treasurer
Lawrence Sills, Executive Chairman of the Board
Nathan CPA, Chief Officer
Nathan Iles, Chief Financial Officer
Pamela Puryear, Independent Director
Anthony Cristello, Vice Relations
Richard Ward, Independent Director
Patrick McClymont, Independent Director
John Gethin, Director
William Turner, Presiding Independent Director
Joseph McDonnell, Independent Director
Ray Nicholas, Chief Information Officer, Vice President - Information Technology
Alisa Norris, Independent Director
Kristine Frost, Chief Officer
Alejandro Capparelli, Independent Director
Carmine JD, Chief Secretary
Pamela Lieberman, Independent Director
Erin Pawlish, Treasurer
Thomas Tesoro, Senior Vice President - Human Resources
James Burke, Chief Financial Officer, Chief Operating Officer
Esther Parker, Chief Officer

Standard 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 Standard 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.

Pair Trading with Standard

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Standard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Standard will appreciate offsetting losses from the drop in the long position's value.

Moving against Standard Stock

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The ability to find closely correlated positions to Standard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Standard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Standard Motor Products to buy it.
The correlation of Standard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Standard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Motor Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Standard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Standard Stock Analysis

When running Standard's price analysis, check to measure Standard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.