Rittirong Boonmechote - Thai Union President

TU Stock  THB 13.70  0.20  1.48%   

President

Mr. Rittirong Boonmechote was President Global Frozen and Related Unit, Director for Thai Union Group Public Company Limited since March 2017. He also has experience as Chairman of the Executive Board of Thai Union Feedmill Co., Ltd. He is President at Thai Union Seafood Co., Ltd., Thai Union Feedmill Co., Ltd., TMAC Co., Ltd., Pakfood PCL, Okeanos Food Co., Ltd., Chaowpraya Cold Storage Co., Ltd. and Thaksin Samut Co., Ltd. He is Executive Director, RBC Asset Co., Ltd., as well as Director, TriUnion Frozen Products, Inc., Thai Union Online Shop Co., Ltd. and Red Lobster Master Holdings LP . He holds a Bachelor degree from Bangkok University, Thailand. since 2017.
Age 61
Tenure 7 years
Phone66 3 481 6500
Webhttps://www.thaiunion.com

Thai Union Management Efficiency

The company has return on total asset (ROA) of 0.0281 % which means that it generated a profit of $0.0281 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1311 %, meaning that it generated $0.1311 on every $100 dollars invested by stockholders. Thai Union's management efficiency ratios could be used to measure how well Thai Union manages its routine affairs as well as how well it operates its assets and liabilities.
Thai Union Group has accumulated 45.62 B in total debt with debt to equity ratio (D/E) of 1.09, which is about average as compared to similar companies. Thai Union Group has a current ratio of 1.26, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Thai Union until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Union's 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 Thai Union Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Union's use of debt, we should always consider it together with cash and equity.

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Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. Thai Union Group Public Company Limited was founded in 1977 and is headquartered in Mueang Samut Sakhon, Thailand. THAI UNION operates under Packaged Foods classification in Thailand and is traded on Stock Exchange of Thailand. Thai Union Group (TU) is traded on Thailand Exchange in Thailand and employs 41 people.

Management Performance

Thai Union Group Leadership Team

Elected by the shareholders, the Thai Union's board of directors comprises two types of representatives: Thai Union inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thai. The board's role is to monitor Thai Union's management team and ensure that shareholders' interests are well served. Thai Union'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, Thai Union's outside directors are responsible for providing unbiased perspectives on the board's policies.
Pichitchai Wongpiya, Global Pet Care Business Unit
Nart Liuchareon, Independent Director
Roy Chan, Managing Director - Thai Union Manufacturing Head Office
Thamnoon Ananthothai, Independent Director
Setakul Chotichoey, Acting Group Director, Safety Health and Environment
Kirati Assakul, Independent Director
Joerg Ayrle, Group Chief Financial Officer
Ravinder S, Non-Executive Director
David Sankowicz, Head of Group Legal and Compliance
Kraisorn Chansiri, Chairman of the Board, Founder
Rittirong Boonmechote, President - Global Frozen and Related Unit, Director
Valentin Ramirez, President and Chief Executive Officer of Thai Union U.S. Ambient Operation
Cheng Niruttinanon, Chairman of the Executive Board, Executive Director
Paralee Sukhatungka, Company Secretary
Kulshaan Singh, Group HR
Tunyawat Kasemsuwan, Group Director - Global Innovation
Leonardus Coolen, Managing Director - Marine Ingredient
Sanjeev Pant, Managing Director - Emerging Market
Arunrat Surattanajindaporn, Assistance General Manager, Group Accounting and Control
Rajiv Kakar, Group IT Director
Paul Reenan, Regional President - Thai Union Europe
Patrick Bertalanfy, Group Director - Strategy Business Development
Neroli Goldman, Ma Relations
Thiraphong Chansiri, President, Chief Executive Officer, Executive Director
Ludovic Garnier, Head of Group Accounting and Controlling
Mayuree Komweerawong, Assistant Controlling
Sakdi Kiewkarnkha, Independent Director
Supathra Kuratana, Group Director, Global Commercial Innovation
Norio Saigusa, Non-Executive Director
Yongyut Setthawiwat, General Manager, Group Corporate Finance and Tax
Shue Chan, Group Human Resources Director, Executive Director
Chuan Tangchansiri, Executive Director
Scott Solar, Group Director, Food Services
Kiyotaka Kikuchi, Non-Executive Director
Bunlung Waiyanont, Investor Relations Manager
Peter Galli, Group Communications
Bryan Rosenberg, President and Chief Executive Officer of Thai Union U.S. Frozen Operation
Darian McBain, Global Director - Corporate Afairs & Sustainability
Kevin Bixler, Group Director, Fish Procurement

Thai Stock Performance Indicators

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Other Information on Investing in Thai Stock

Thai Union financial ratios help investors to determine whether Thai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thai with respect to the benefits of owning Thai Union security.