William Harrison - Linamar Independent Director

LNR Stock  CAD 59.85  3.56  5.61%   

Director

Mr. William J. Harrison is Independent Director of Linamar Corporationration He attended the University of Guelph and the University of Toronto, receiving degrees in Honours Science and Mechanical Engineering. Bill then joined the Allis Chalmers Corporation working in Canada, the United States and Europe as a General Manager and Vice President. He attended York Universitys Faculty of Business post graduate studies. Bill then spent 21 years as President and Chief Executive Officer of Kenhar Corporationrationration, a global supplier of components to the Materials Handling and Industrial Mobile Equipment Industry, with operations in North America, Europe, China, Korea and Japan. Bill then took on the responsibilities of Executive Vice President and Director of Cascade Corporation in 1997 and 1998 and from 1999 to 2008 was Chairman and CEO of Lift Technologies Inc, manufacturers of masts and attachments for the Material Handling and Container Handling Industries, with operations in North America, Italy, Germany and Sweden. Currently, Bill involves himself in business activities through his investment company, Rahnek Ltd. His other interests include fundraising for the Guelph General Hospital, the University of Guelph and Sunrise Equestrian Centre. since 1990.
Age 78
Tenure 34 years
Address 287 Speedvale Avenue West, Guelph, ON, Canada, N1H 1C5
Phone519 836 7550
Webhttps://www.linamar.com
Harrison attended the University of Guelph and the University of Toronto, receiving degrees in Honours Science and Mechanical Engineering. Bill then joined the Allis Chalmers Corporationration working in Canada, the United States and Europe as a General Manager and Vice President. He attended York University’s Faculty of Business post graduate studies. Bill then spent 21 years as President and Chief Executive Officer of Kenhar Corporationrationrationration, a global supplier of components to the Materials Handling and Industrial Mobile Equipment Industry, with operations in North America, Europe, China, Korea and Japan. Bill then took on the responsibilities of Executive Vice President and Director of Cascade Corporationration in 1997 and 1998 and from 1999 to 2008 was Chairman and CEO of Lift Technologies Inc, manufacturers of masts and attachments for the Material Handling and Container Handling Industries, with operations in North America, Italy, Germany and Sweden

William Harrison Latest Insider Activity

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

Linamar Management Efficiency

The company has return on total asset (ROA) of 0.0569 % which means that it generated a profit of $0.0569 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1088 %, meaning that it generated $0.1088 on every $100 dollars invested by stockholders. Linamar's management efficiency ratios could be used to measure how well Linamar manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.18. At this time, Linamar's Intangibles To Total Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.08, while Non Currrent Assets Other are likely to drop about 42 M.
Linamar has accumulated 1.77 B in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Linamar has a current ratio of 1.25, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Linamar until it has trouble settling it off, either with new capital or with free cash flow. So, Linamar'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 Linamar sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Linamar to invest in growth at high rates of return. When we think about Linamar's use of debt, we should always consider it together with cash and equity.

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Linamar Corporation together with its subsidiaries design, develop, and produce engineered products in Canada, Rest of North America, the Asia Pacific, and Europe. Linamar Corporation was founded in 1966 and is headquartered in Guelph, Canada. LINAMAR CORP operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 26000 people. Linamar (LNR) is traded on Toronto Exchange in Canada and employs 33,000 people. Linamar is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Linamar Leadership Team

Elected by the shareholders, the Linamar's board of directors comprises two types of representatives: Linamar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Linamar. The board's role is to monitor Linamar's management team and ensure that shareholders' interests are well served. Linamar'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, Linamar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kurt Buehler, Group MacDon
Sean Congdon, Group Americas
Kenneth McDougall, Group President - Linamar Machining and Assembly, Americas
Dale Schneider, Chief Financial Officer
Chris Merchant, Global Fin
Salvatore Cocca, Group Europe
Dennis Grimm, Independent Director
Wenzhang Huang, Group President - Linamar Machining and Assembly, Asia and Pacific Group
Linda Hasenfratz, Chief Executive Officer, Director
Roxanne Rose, Executive Resources
William Harrison, Independent Director
Jim Jarrell, President, Chief Operating Officer
Elliot Burger, Corporate Counsel
Mark Stoddart, Executive Vice President - Marketing and Sales, Chief Technology Officer, Director
Frank Hasenfratz, Executive Chairman of the Board
Terry Reidel, Independent Director
Dale CMA, Chief Officer
Roger Fulton, Executive Vice President - Human Resources, General Counsel, Corporate Secretary

Linamar 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 Linamar 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 Linamar

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

Moving against Linamar Stock

  0.35ERC Eros Resources CorpPairCorr
The ability to find closely correlated positions to Linamar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linamar 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 Linamar - 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 Linamar to buy it.
The correlation of Linamar 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 Linamar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linamar 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 Linamar 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 Linamar Stock

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