Mitchell Jacobson - MSC Industrial Non-Executive Chairman of the Board

MSM Stock  USD 85.88  0.64  0.75%   

Chairman

Mr. Mitchell L. Jacobson is NonExecutive Chairman of the Board of the Companny. Mr. Jacobson was appointed our President and Chief Executive Officer in October 1995 and held both positions until November 2003. He continued as our Chief Executive Officer until November 2005. Mr. Jacobson was appointed our Chairman of the Board in January 1998 and became Nonexecutive Chairman of the Board effective January 1, 2013. Previously, Mr. Jacobson was President and Chief Executive Officer of Sid Tool Co., Inc., our predecessor company and current whollyowned and principal operating subsidiary from June 1982 to November 2005. Mr. Jacobson was instrumental to our past and ongoing growth, which reflects the values, strategy and vision that Mr. Jacobson contributes. His leadership as Chairman, experience in industrial distribution and strategic input are critically important to our Board. In addition, as one of our principal shareholders, Mr. Jacobson provides critical insight and perspective relating to the companys shareholders. Mr. Jacobson is the uncle of Erik Gershwind, our President and Chief Executive Officer and a director of the company, and the brother of Marjorie Gershwind Fiverson, Mr. Gershwinds mother. There are no other family relationships among any of our directors or executive officers. Mr. Jacobson was appointed a director of Ambrosia Holdings, L.P. in August 2017 since 2013.
Age 69
Tenure 11 years
Address 515 Broadhollow Road, Melville, NY, United States, 11747
Phone516 812 2000
Webhttps://www.mscdirect.com

Latest Insider Transactions

2024-01-31Disposed of 24501 shares @ 99.31View
2024-01-29Disposed of 137716 shares @ 97.66View
2024-01-26Disposed of 18746 shares @ 97.63View
2024-01-22Disposed of 51040 shares @ 97.31View
Jacobson previously served as a director of HD Supply Holdings, Inc. from October 2007 to December 2013.

Mitchell Jacobson Latest Insider Activity

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

MSC Industrial Management Efficiency

The company has Return on Asset of 0.1014 % which means that on every $100 spent on assets, it made $0.1014 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1769 %, implying that it generated $0.1769 on every 100 dollars invested. MSC Industrial's management efficiency ratios could be used to measure how well MSC Industrial 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 0.13. In addition to that, Return On Capital Employed is likely to drop to 0.18. At this time, MSC Industrial's Non Currrent Assets Other are very stable compared to the past year. As of the 30th of November 2024, Other Current Assets is likely to grow to about 107.6 M, while Non Current Assets Total are likely to drop about 714.7 M.
MSC Industrial Direct has 568.17 M in debt with debt to equity (D/E) ratio of 0.63, which is OK given its current industry classification. MSC Industrial Direct has a current ratio of 2.09, 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 MSC to invest in growth at high rates of return.

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MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations products and services in the United States, Canada, Mexico, and the United Kingdom. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York. Msc Industrial operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6765 people. MSC Industrial Direct (MSM) is traded on New York Stock Exchange in USA. It is located in 515 Broadhollow Road, Melville, NY, United States, 11747 and employs 7,191 people. MSC Industrial is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

MSC Industrial Direct Leadership Team

Elected by the shareholders, the MSC Industrial's board of directors comprises two types of representatives: MSC Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MSC. The board's role is to monitor MSC Industrial's management team and ensure that shareholders' interests are well served. MSC Industrial'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, MSC Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Neal Dongre, General VP
Gregory Clark, Vice President
Kim Shacklett, VP Success
Gregory Polli, Senior Vice President, Supplier Enablement
Philip Peller, Lead Director, Chairman of Audit Committee, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee
Steven Paladino, Non-Executive Independent Director
Michael Kaufmann, Non-Executive Independent Director
Charles Bonomo, Senior Vice President, Chief Information Officer
Paul Mason, Director Communications
Kimberly Shacklett, Senior Success
John Chironna, Vice President - Investor Relations, Treasurer
Douglas Jones, Executive Vice President, Chief Supply Chain Officer
Edward Martin, Senior Vice President Sales & Customer Success
Kari Heerdt, Senior Vice President, New Business Innovation & Transformation
Kristen ActisGrande, Chief Financial Officer, Executive Vice President
Denis Kelly, Independent Director
Elizabeth Bledsoe, Senior Vice President and Chief People Officer
Ryan CFA, Head Relations
Steven Armstrong, Senior Vice President, General Counsel, Corporate Secretary
Rudina Seseri, Non-Executive Independent Director
Erik Gershwind, President, Chief Executive Officer, Director
Mitchell Jacobson, Non-Executive Chairman of the Board
Steven Baruch, Executive Vice President, Chief Strategy and Marketing Officer
Greg Clark, Vice President of Finance and Corporate Controller
Martina McIsaac, Executive COO
Jonathan Byrnes, Director, Member of Audit Committee, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee
John Hill, Senior Officer
Louise Goeser, Independent Director

MSC Stock Performance Indicators

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When determining whether MSC Industrial Direct is a strong investment it is important to analyze MSC Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MSC Industrial's future performance. For an informed investment choice regarding MSC Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MSC Industrial Direct. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MSC Industrial. If investors know MSC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MSC Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
3.34
Earnings Share
4.58
Revenue Per Share
67.92
Quarterly Revenue Growth
(0.08)
The market value of MSC Industrial Direct is measured differently than its book value, which is the value of MSC that is recorded on the company's balance sheet. Investors also form their own opinion of MSC Industrial's value that differs from its market value or its book value, called intrinsic value, which is MSC Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MSC Industrial's market value can be influenced by many factors that don't directly affect MSC Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MSC Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MSC Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MSC Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.