Sumit Kumar - Vecima Networks CEO and Pres

VNWTF Stock  USD 10.34  0.55  5.05%   

CEO

Mr. Sumit Kumar is President, Chief Executive Officer of the company. He was appointed to the position of Chief Executive Officer of the Company with effective August 1, 2013. Mr. Kumar was a Business Development Engineer for Vecima from 2001 to 2006 and was Vice President, Corporationrationrate Strategy for Vecima from 2006 to 2009. Mr. Kumar has technical and executive experience with the Company, having worked in the Research Development department on the architecture and development of EdgeQAM and WiMax products as well as within the business development and senior management groups since joining the Company in 1995 since 2013.
Tenure 11 years
Phone250-881-1982
Webhttps://vecima.com
Kumar holds a Bachelor of Electrical Engineering degree and a Bachelor of Computer Science degree from the University of Saskatchewan.

Vecima Networks Management Efficiency

The company has return on total asset (ROA) of 0.0685 % which means that it generated a profit of $0.0685 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1245 %, meaning that it generated $0.1245 on every $100 dollars invested by stockholders. Vecima Networks' management efficiency ratios could be used to measure how well Vecima Networks manages its routine affairs as well as how well it operates its assets and liabilities.
Vecima Networks has accumulated 15.12 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Vecima Networks has a current ratio of 1.89, which is within standard range for the sector. Debt can assist Vecima Networks until it has trouble settling it off, either with new capital or with free cash flow. So, Vecima Networks' 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 Vecima Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Vecima to invest in growth at high rates of return. When we think about Vecima Networks' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 6 records

CEO Age

Cheryl BeranekClearfield
62
Ronald KoneznyDigi International
56
Charles ProberNETGEAR
53
Patrick HarshmanHarmonic
59
Edward IIIExtreme Networks
59
Charles TreadwayCommScope Holding Co
58
Vecima Networks Inc. engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company was incorporated in 1988 and is headquartered in Victoria, Canada. Vecima Networks operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 592 people. Vecima Networks [VNWTF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Vecima Networks Leadership Team

Elected by the shareholders, the Vecima Networks' board of directors comprises two types of representatives: Vecima Networks inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vecima. The board's role is to monitor Vecima Networks' management team and ensure that shareholders' interests are well served. Vecima Networks' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vecima Networks' outside directors are responsible for providing unbiased perspectives on the board's policies.
Sumit Kumar, CEO and Pres
Dan Gledhill, VP Sales
David Hobb, VP Operations
Heather Asher, Gen Sec
Paul Boucher, VicePres Sales
Dale Booth, Chief Officer
Ryan Nicometo, Sr Unit
Surinder Kumar, Founder and Chairman of The Board
Colin Howlett, Chief Officer
Clay McCreery, Chief Officer

Vecima Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Vecima Networks 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

Other Information on Investing in Vecima Pink Sheet

Vecima Networks financial ratios help investors to determine whether Vecima Pink Sheet 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 Vecima with respect to the benefits of owning Vecima Networks security.