Scott Tannas - Western Investment CEO
| WI Stock | CAD 0.67 0.02 2.90% |
CEO
Mr. Scott A. Tannas is President, Chief Executive Officer, Secretary, Director of the Company, having served as its CEO from 1996 to 2014. Western was founded as a Junior Capital Pool in 1996. From its headquarters in High River, Alberta, Mr. Tannas oversaw the building of Western through more than one hundred acquisitions, and a number of strategic initiatives. Today, Western is a diversified financial services organization with more than 1 Billion in annual sales. 1800 employees provide nearly 1 million customers with insurance and investment products and services. The companys network of more than 160 offices stretches across the West from Winnipeg to the Pacific coast. On April 15, 2011, after 15 years as a publicly traded company, Western was acquired by Quebec based Desjardins Group, in a 440 million transaction. In the time between the IPO in 1996, and Westerns exit from the public market in 2011, the companys stock price rose 1038. Scott is a director of Western and its federally regulated subsidiary Western Life Assurance Company. He is also the Lead Director of Rocky Mountain Dealerships Inc. . In addition to his business activities, Scott is active in public service. In a Provincewide election on April 23, 2012, Albertans elected Scott as a Senator in Waiting, and on March 25, 2013 Prime Minister Harper appointed him to the Senate of Canada. since 2015.
| Age | 63 |
| Tenure | 10 years |
| Address | , Calgary, AB, Canada |
| Phone | 403 652 2663 |
| Web | https://www.winv.ca |
Western Investment Management Efficiency
The company has return on total asset (ROA) of 0.014 % which means that it generated a profit of $0.014 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0548) %, meaning that it created substantial loss on money invested by shareholders. Western Investment's management efficiency ratios could be used to measure how well Western Investment manages its routine affairs as well as how well it operates its assets and liabilities. Total Assets is likely to drop to about 17.5 M in 2025. Net Tangible Assets is likely to drop to about 12.7 M in 2025Similar Executives
| Found 6 records | CEO Age | ||
| BA MBA | XXIX Metal Corp | 44 | |
| John Tuer | Labrador Iron Ore | 60 | |
| Gregory Davis | Sun Peak Metals | 59 | |
| BE BE | Perseus Mining | 68 | |
| Andrew MacLeod | Postmedia Network Canada | N/A | |
| Donald MSc | Titan Mining Corp | 67 | |
Management Performance
| Return On Equity | -0.0548 | ||||
| Return On Asset | 0.014 |
Western Investment Leadership Team
Elected by the shareholders, the Western Investment's board of directors comprises two types of representatives: Western Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Western. The board's role is to monitor Western Investment's management team and ensure that shareholders' interests are well served. Western Investment'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, Western Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| James Dinning, Independent Chairman of the Board | ||
| Shafeen Mawani, Chief Operating Officer | ||
| Scott Tannas, President, Chief Executive Officer, Secretary, Director | ||
| Willard Yuill, Independent Director | ||
| MBA CFA, Chief Officer | ||
| Stacey Cross, Chief Financial Officer | ||
| Kabir Jivraj, Independent Director | ||
| Paul Rivett, CEO President | ||
| Robert Espey, Independent Director | ||
| Jennie Moushos, Independent Director |
Western 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 Western Investment 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.
| Return On Equity | -0.0548 | ||||
| Return On Asset | 0.014 | ||||
| Profit Margin | (0.47) % | ||||
| Operating Margin | 0.65 % | ||||
| Current Valuation | 103.7 M | ||||
| Shares Outstanding | 143.39 M | ||||
| Shares Owned By Insiders | 16.84 % | ||||
| Number Of Shares Shorted | 29.5 K | ||||
| Price To Earning | 47.78 X | ||||
| Price To Book | 7.44 X |
Thematic Opportunities
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Additional Tools for Western Stock Analysis
When running Western Investment's price analysis, check to measure Western Investment'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 Western Investment is operating at the current time. Most of Western Investment's value examination focuses on studying past and present price action to predict the probability of Western Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Investment's price. Additionally, you may evaluate how the addition of Western Investment to your portfolios can decrease your overall portfolio volatility.