David McAusland - Cogeco Communications Independent Director

CCA Stock  CAD 70.00  3.17  4.74%   

Director

Mr. David L. McAusland serves as an Independent Director of the Company. Mr. McAusland was a partner of McCarthy Ttrault LLP, a major law firm in Canada, since June 2009 where he is a corporate strategist and advisor and focuses on major corporate transactions, securities, corporate finance, governance and regulatory affairs. From 1999 to February 2008, he was a senior officer of Alcan Inc., a large multinational industrial company. As such he was involved in the design and execution of major strategic initiatives and led an international team that completed more than 75 acquisition and divestiture transactions. Prior to joining Alcan, Mr. McAusland was managing partner of a major law firm. He is a director of Cascades Inc., Khan Resources Inc. and ATS Automation Tooling Systems Inc., all of which are reporting issuers. He serves as Chairman of the Human Resources Committee and a member of the Corporationrationrate Governance and Nominating Committee for Cascades Inc. he is a member of the Compensation Committee of Khan Resources Inc. and he serves as nonexecutive Chairman of ATS Automation Tooling Systems Inc. Mr. McAusland is also a director of a number of not for profit corporations. Since April 1, 2014, he was a member of the Accounting Standards Oversight Council, an independent, volunteer body established by the Canadian Institute of Chartered Accountant . since 1999.
Age 65
Tenure 25 years
Address 1, Place Ville-Marie, Montreal, QC, Canada, H3B 3N2
Phone514 764 4600
Webhttps://corpo.cogeco.com/cca/en
McAusland was a partner of McCarthy Tétrault LLP, a major law firm in Canada, since June 2009. From 1999 to February 2008, he was a senior officer of Alcan Inc., a large multinational industrial company. Prior to joining Alcan, Mr. McAusland was managing partner of a major law firm. He is a director of Cascades Inc., Khan Resources Inc. and ATS Automation Tooling Systems Inc., all of which are reporting issuers. He serves as Chairman of the Human Resources Committee and a member of the Corporationrationrationrate Governance Committee for Cascades Inc.; he is a member of the Compensation Committee of Khan Resources Inc. and he serves as non executive Chairman of ATS Automation Tooling Systems Inc. Furthermore, he is nonexecutive Chairman of Montrusco Bolton Investments, a privately held corporation. In addition, he is a director of certain notforprofit corporations.

Cogeco Communications Management Efficiency

The company has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1025 %, meaning that it generated $0.1025 on every $100 dollars invested by stockholders. Cogeco Communications' management efficiency ratios could be used to measure how well Cogeco Communications manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to drop to 0.05. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Cogeco Communications' Total Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 9.9 B, while Other Current Assets are likely to drop about 21.8 M.
Cogeco Communications has accumulated 4.82 B in total debt with debt to equity ratio (D/E) of 1.18, which is about average as compared to similar companies. Cogeco Communications has a current ratio of 1.26, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Cogeco Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Cogeco Communications' 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 Cogeco Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cogeco to invest in growth at high rates of return. When we think about Cogeco Communications' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Sophie RiendeauQuebecor
N/A
Anne MartinVachonGildan Activewear
57
George BunzeStella Jones
74
Robert CoallierStella Jones
58
Elisabeth CPAGildan Activewear
N/A
Maryse BertrandGildan Activewear
60
CM FCATranscontinental
84
Simon PelletierStella Jones
52
Karen LaflammeStella Jones
56
Mary WebsterStella Jones
65
Charles HeringtonGildan Activewear
59
James CherryCogeco Inc
64
Normand LegaultCogeco Inc
63
James ManziStella Jones
69
Shirley CunninghamGildan Activewear
59
Marcello CairaGildan Activewear
64
Russell GoodmanGildan Activewear
65
Jean PeladeauQuebecor
33
MaryAnn BellCogeco Inc
59
Craig LeavittGildan Activewear
58
Elisabeth HamaouiGildan Activewear
N/A
Cogeco Communications Inc. operates as a communications corporation in North America. Cogeco Communications Inc. was founded in 1972 and is headquartered in Montreal, Canada. COGECO COMMUNICATIONS operates under Telecom Services classification in Canada and is traded on Toronto Stock Exchange. It employs 3740 people. Cogeco Communications (CCA) is traded on Toronto Exchange in Canada and employs 48 people. Cogeco Communications is listed under Diversified Telecommunication Services category by Fama And French industry classification.

Management Performance

Cogeco Communications Leadership Team

Elected by the shareholders, the Cogeco Communications' board of directors comprises two types of representatives: Cogeco Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cogeco. The board's role is to monitor Cogeco Communications' management team and ensure that shareholders' interests are well served. Cogeco Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cogeco Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
Chantal Frappier, Vice President Internal Audit
Marie Lepage, Vice President Wireless Solutions and Innovation
Linda Gillespie, Senior Officer
Philippe Bonin, Vice President - Corporate Development
Paul Cowling, Chief Officer
Andree Pinard, Vice President Treasurer
Liette Vigneault, Vice President Talent and Employee Experience
CA CFA, Chief VP
Pippa Dunn, Independent Director
Julie CFA, VP Treasurer
James Cherry, Lead Independent Director
Luc Noiseux, Senior Vice-President and Chief Technology and Strategy Officer
MarieHelene Labrie, Senior Vice President and Chief Public Affairs and Communications Officer
Philippe Jette, President, Chief Executive Officer, Director
Louis Audet, Executive Chairman of the Board
MarieHelene MSc, Communications Affairs
PEng Eng, CEO President
Stephane Lacombe, Chief Information Officer, Vice President
LLB LLM, Chief Affairs
Pierre Maheux, Vice President Corporate Controller
Zouheir MSc, VP CTO
Tim Dinesen, Chief Officer
Michel Blais, Operations Network
Frank Post, President of Atlantic Broadband
Joanne Ferstman, Independent Director
FrancoisPhilippe CFA, Vice Development
Carole Salomon, Independent Director
Patrick Bratton, Senior Vice-President, Chief Financial Officer and Interim President, Atlantic Broadband
MS BS, President Breezeline
Elizabeth Alves, Vice President, Enterprise Strategy and Social Responsibility
David McAusland, Independent Director
Patrice Ouimet, Chief Financial Officer, Senior Vice President
Troy Crandall, Head Relations
Nathalie Dorval, Vice President - Regulatory Affairs and Copyright
Liette MBA, VP Communications
Frederic BCom, President Connexion
Colleen Abdoulah, Independent Director
Caroline Paquet, President Media
Christian Jolivet, Senior Vice President - Corporate Affairs, Chief Legal Officer, Secretary
Diane Nyisztor, Senior Vice President - Corporate Human Resources
Patricia CuradeauGrou, Independent Director
Martin Grenier, Vice President Procurement
Sean Brushett, Chief Officer
Lib Gibson, Independent Director
Kenneth Smithard, President of Cogeco Connexion
Fatiha Moussadak, Director Relations
Jerome Prat, Vice President Total Compensation and HR Systems
Marie MBA, Senior Transformation

Cogeco 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 Cogeco Communications 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 Cogeco Communications

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 Cogeco Communications 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 Cogeco Communications will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Cogeco Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cogeco Communications 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 Cogeco Communications - 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 Cogeco Communications to buy it.
The correlation of Cogeco Communications 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 Cogeco Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogeco Communications 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 Cogeco Communications 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

Other Information on Investing in Cogeco Stock

Cogeco Communications financial ratios help investors to determine whether Cogeco 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 Cogeco with respect to the benefits of owning Cogeco Communications security.