Mark Davis - Worthington Industries Independent Director

WOR Stock  USD 41.27  0.37  0.90%   

Director

Mr. Mark C. Davis is an Independent Director of the Company. Mr. Davis is a private investor and Chief Executive Officer of Lank Acquisition Corporationration which invests in minority and majority positions in public and private companies. Prior to forming Lank Acquisition Corporationration in 2007, Mr. Davis spent 20 years in a variety of senior investment banking positions. From 1996 to 2003, Mr. Davis was a senior executive at JPMorgan Chase where he began as Head of the Merger and Acquisition Group. He became Head of General Industry Investment Banking in 2000 and was also CoHead of Investment Banking Coverage which comprised all of JPMorgan Chases corporate clients, and was named Vice Chairman of Investment Banking in 2002. Mr. Davis holds a Masters in Business Administration from the Tuck School of Business and a B.A. from Dartmouth College since 2011.
Age 61
Tenure 14 years
Phone614 438 3210
Webhttps://www.worthingtonenterprises.com
Davis’ financial knowledge and depth of experience in equity investing, strategic matters, acquisitions, financial analysis and investment banking make him well qualified to continue to serve on the Board, and qualify him as an “audit committee financial expert”, as defined by applicable SEC Rules.

Mark Davis Latest Insider Activity

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

Worthington Industries Management Efficiency

Worthington Industries' management efficiency ratios could be used to measure how well Worthington Industries manages its routine affairs as well as how well it operates its assets and liabilities.
Worthington Industries has 317.18 M in debt with debt to equity (D/E) ratio of 0.49, which is OK given its current industry classification. Worthington Industries has a current ratio of 2.13, 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 Worthington to invest in growth at high rates of return.

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Worthington Industries, Inc., an industrial manufacturing company, focuses on value-added steel processing, manufactured consumer, building, and sustainable mobility products in North America and internationally. The company was founded in 1955 and is headquartered in Columbus, Ohio. Worthington Industries operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 9500 people. Worthington Industries (WOR) is traded on New York Stock Exchange in USA. It is located in 200 Old Wilson Bridge Road, Columbus, OH, United States, 43085 and employs 3,800 people. Worthington Industries is listed under Steel Works Etc category by Fama And French industry classification.

Management Performance

Worthington Industries Leadership Team

Elected by the shareholders, the Worthington Industries' board of directors comprises two types of representatives: Worthington Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Worthington. The board's role is to monitor Worthington Industries' management team and ensure that shareholders' interests are well served. Worthington Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Worthington Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
B Rose, President, Chief Executive Officer
Kevin Chan, Accounting VP
Richard Welch, Corporate Controller
Josie Lewis, Vice Resources
John McConnell, Chairman, CEO and Chairman of Executive Committee
Kerrii Anderson, Independent Director
Dale Brinkman, Senior Vice President - Administration, General Counsel, Secretary
Marcus Rogier, Treasurer, Investor Relations Officer
Peter Karmanos, Independent Director
Andrew Rose, CFO and Executive VP
John Blystone, Lead Independent Director
Patrick Kennedy, Vice President General Counsel, Company Secretary
Sonya Higginbotham, Vice President - Corporate Communications and Brand Management
Eric Smolenski, President - Building Products and Sustainable Energy Solutions
Priya Rao, Vice Officer
Michael Endres, Independent Director
James Bowes, President Products
Geoffrey Gilmore, Chief Operating Officer, Executive Vice President
Virgil Winland, Senior Vice President - Manufacturing
David Blom, Director
Catherine Lyttle, Vice President - Communications and Investor Relations
Mary Schiavo, Independent Director
Tak Wing, Controller
Sidney Ribeau, Independent Director
Carl Nelson, Independent Director
Jeff Klingler, President – The Worthington Steel Company
Matthew Schlabig, Chief Officer
Joseph Hayek, Vice President - Mergers & Acquisitions (M&A) and Corporate Development
Steven Witt, Chief Accounting Officer, Corporate Controller
Patrick JD, General VP
Mark Davis, Independent Director
Steven Caravati, President - Consumer Products
Ozey Horton, Independent Director
Colin Souza, VP CFO

Worthington 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 Worthington Industries 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 Worthington Industries

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 Worthington Industries 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 Worthington Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Worthington Stock

  0.76ESAB ESAB CorpPairCorr

Moving against Worthington Stock

  0.49MSSAR Metal Sky StarPairCorr
  0.4HIHO Highway HoldingsPairCorr
The ability to find closely correlated positions to Worthington Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worthington Industries 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 Worthington Industries - 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 Worthington Industries to buy it.
The correlation of Worthington Industries 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 Worthington Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worthington Industries 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 Worthington Industries 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 Worthington Stock Analysis

When running Worthington Industries' price analysis, check to measure Worthington Industries' 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 Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.