Edward Kennedy - North West CEO

NWC Stock  CAD 51.77  0.79  1.55%   

CEO

Mr. Edward S. Kennedy is the President, Chief Executive Officer and Executive Director of the company. Mr. Kennedy, who joined North West in 1989, was appointed President Chief Executive Officer of North West in 1997. He is currently a Director of United Grocers Inc., the Canada West Foundation and Canadas History Society. Mr. Kennedy has received several retail industry and community leadership recognitions, both locally and nationally. since 1997.
Age 59
Tenure 27 years
Address Gibraltar House, Winnipeg, MB, Canada, R3C 2R1
Phone204 934 1756
Webhttps://www.northwest.ca
Kennedy is a member of the Young Presidents’ Organization, the Associates of the Asper School of Business, the Board of Governors of Saint John’s Ravenscourt School, Canadian Council of Chief Executive Officers, member and past officer of the Business Council of Manitoba, and was the Chairperson of the 2011 Winnipeg United Way Campaign.

North West Management Efficiency

The company has return on total asset (ROA) of 0.0869 % which means that it generated a profit of $0.0869 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1976 %, meaning that it generated $0.1976 on every $100 dollars invested by stockholders. North West's management efficiency ratios could be used to measure how well North West 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 drop to 0.07. In addition to that, Return On Capital Employed is likely to drop to 0.14. At this time, North West's Fixed Asset Turnover is very stable compared to the past year.
North West has accumulated 405.47 M in total debt with debt to equity ratio (D/E) of 1.03, which is about average as compared to similar companies. North West has a current ratio of 1.34, which is within standard range for the sector. Debt can assist North West until it has trouble settling it off, either with new capital or with free cash flow. So, North West'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 North West sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North West's use of debt, we should always consider it together with cash and equity.

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The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in Canada, Alaska, the South Pacific, and the Caribbean. The North West Company Inc. was founded in 1668 and is headquartered in Winnipeg, Canada. THE NORTH operates under Grocery Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 7633 people. North West (NWC) is traded on Toronto Exchange in Canada and employs 7,382 people. North West is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification.

Management Performance

North West Leadership Team

Elected by the shareholders, the North West's board of directors comprises two types of representatives: North West inside directors who are chosen from within the company, and outside directors, selected externally and held independent of North. The board's role is to monitor North West's management team and ensure that shareholders' interests are well served. North West'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, North West's outside directors are responsible for providing unbiased perspectives on the board's policies.
JRobert Cain, Vice-President Logistics and Distribution (International Operations)
Kyle Hill, Executive Vice President - Procurement & Marketing, Alaska Commercial
Daniel McConnell, Chief Devel. Officer and Executive Vice-Pres
John King, Chief Financial Officer, Executive Vice President
Robert Kennedy, Independent Director
Michael Beaulieu, Vice-President Canadian Sales & Operations, Northern Canada Retail, Central Division
Victor Tootoo, Independent Director
Craig Gilpin, Chief Operating Officer, Executive Vice President
Vineet Gupta, Chief Officer
David Chatyrbok, Vice-President Canadian Sales & Operations, Northern Canada Retail, NorthMart/Major Markets Division
Hugh Riley, Non-Executive Chairman of the Board, Independent Director
Chris Santschi, Vice President - Canadian Sales and Operations, Northern Canada Retail, National Division
Alison Coville, Chief Officer
Brock Bulbuck, Independent Director
Thomas Meilleur, Vice President - North Star Air Ltd.
Edward Kennedy, President, Chief Executive Officer, Executive Director
Cole Akerstream, Vice President - Business Development
Stewart Glendinning, Independent Director
Toby Noiles, Executive Vice President - Canadian Food Procurement & Marketing
Scott Mckay, Vice President - General Merchandise Procurement & Marketing
Steven Boily, Vice President - Information Services
Frank Kelner, President - North Star Air Ltd.
Rex Wilhelm, Vice Chairman of the Board
Jim Caldwell, President Retail
Jeffrey Stout, Vice President - North Star Air Ltd.
James Walker, Vice-President and General Manager, Wholesale Operations
Beth Hales, Vice President , Human Resources
Eric Stefanson, Independent Director
Michael Scott, Vice-President General Merchandise Procurement and Marketing
Annalisa King, Independent Director
Wendy Evans, Independent Director
Deepak Chopra, Independent Director
Jennefer Nepinak, Independent Director
CA CMA, Ex CFO
Alex Yeo, President - Canadian Retail
Matt Johnson, Vice President - Fresh/Food Service Procurement & Marketing
Glenn Revet, Vice President - Sales and Operations of Giant Tiger
Kevin Proctor, President Foods
Frank Coleman, Independent Director
Leanne Flewitt, Vice-President, Logistics, Supply Chain & Distribution
Walter Pickett, Vice-President and General Manager, Alaska Commercial Company
Amanda Sutton, Vice-President Legal and Corporate Secretary
David CA, VP Marketing
Laurie Kaminsky, Vice President - NWC Health Products & Services
Violet Konkle, Independent Director
Kevin Sie, Vice President - Finance
Gary Merasty, Executive Vice President, Chief Development Office

North 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 North West 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 North West

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

Moving together with North Stock

  0.7FFH Fairfax FinancialPairCorr
  0.72IFC Intact FinancialPairCorr
  0.73WSP WSP GlobalPairCorr

Moving against North Stock

  0.41GSY goeasyPairCorr
The ability to find closely correlated positions to North West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North West 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 North West - 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 North West to buy it.
The correlation of North West 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 North West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North West 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 North West 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 North Stock

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