Espen Gundersen - Tomra Systems Deputy CEO, CFO and Sr. Executive VP

TMRAY Stock  USD 14.21  0.00  0.00%   

CEO

Mr. Espen Gundersen is Deputy Chief Executive Officer and Chief Financial Officer of Tomra Systems ASA. He joined the Company in 1999 as Controller and was appointed CFO in 2002. In the past he was Vice President Business development of Selmer ASA . He has also worked at Arthur Andersen
Age 59
Professional MarksMBA
Phone47 66 79 91 00
Webhttps://www.tomra.com
Espen Gundersen holds a MBA degree from Handelshoyskolen BI . He is a Certified Public Accountant from Norges Handelshoyskole, Bergen.

Tomra Systems Management Efficiency

The company has return on total asset (ROA) of 0.0731 % which means that it generated a profit of $0.0731 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1721 %, meaning that it generated $0.1721 on every $100 dollars invested by stockholders. Tomra Systems' management efficiency ratios could be used to measure how well Tomra Systems manages its routine affairs as well as how well it operates its assets and liabilities.
Tomra Systems ASA has accumulated 603.7 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. Tomra Systems ASA has a current ratio of 2.9, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Tomra Systems until it has trouble settling it off, either with new capital or with free cash flow. So, Tomra Systems' 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 Tomra Systems ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tomra to invest in growth at high rates of return. When we think about Tomra Systems' use of debt, we should always consider it together with cash and equity.

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Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. The company was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 4600 people. Tomra Systems ASA [TMRAY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Tomra Systems ASA Leadership Team

Elected by the shareholders, the Tomra Systems' board of directors comprises two types of representatives: Tomra Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tomra. The board's role is to monitor Tomra Systems' management team and ensure that shareholders' interests are well served. Tomra Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tomra Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Bing Zhao, VP Asia
Mithu Mohren, Circular Communications
Michel Picandet, Ex Food
Tove Andersen, Pres CEO
Volker Rehrmann, Group CTO, Executive VP and Head of Bus. Area Sorting Solutions
Harald Henriksen, Head of North America Collection Solutions, Sr. VP and President of Tomra US East
Eva Sagemo, Chief Officer
Espen Gundersen, Deputy CEO, CFO and Sr. Executive VP
Fabrizio Radice, Global Director
Georgiana Radulescu, Director Relations

Tomra Stock Performance Indicators

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