Adam Vigna - Power Vice President

POW Stock  CAD 47.04  0.07  0.15%   

President

Mr. Adam Vigna is Vice President of the Company. He currently serves as the Managing Partner and Chief Investment Officer of Sagard Capital. Prior to his appointment, Mr. Vigna was a Managing Director at the Canada Pension Plan Investment Board responsible for leading CPPIBs Global Principal Credit Investments Group, a multistrategy platform making direct principal credit investments, with approximately CAD20 billion of assets under management. While at CPPIB, he was Chair of the Principal Credit Investment Committee, a member of the Private Investments Committee and also a member of the Credit Investments Committee. Prior to joining CPPIB in 2009, Mr. Vigna was a VicePresident at Goldman Sachs in the Special Situations Group in New York and Toronto. In this role, he was one of the founding members of the Canadian Special Situations Group, which he coheaded prior to his departure. Before joining the Special Situations Group, he worked in Goldman Sachs Investment Banking Division in New York where he was a member of their Financial Institutions Group. Mr. Vigna holds a Bachelor of Commerce degree from Queens University in Kingston, Ontario. Mr. Vigna is an active supporter of the United Way in Toronto and is involved each year in a number of philanthropic activities in the community. since 2016.
Tenure 8 years
Address 751 Victoria Square, Montreal, QC, Canada, H2Y 2J3
Phone514 286 7400
Webhttps://www.powercorporation.com

Power Management Efficiency

As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.01, while Return On Tangible Assets are likely to drop 0. At this time, Power's Intangibles To Total Assets are very stable compared to the past year. Power's management efficiency ratios could be used to measure how well Power manages its routine affairs as well as how well it operates its assets and liabilities.
Power has accumulated 20.94 B in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Power has a current ratio of 121.94, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Power until it has trouble settling it off, either with new capital or with free cash flow. So, Power'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 Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Power to invest in growth at high rates of return. When we think about Power's use of debt, we should always consider it together with cash and equity.

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Power Corporation of Canada operates as an international management and holding company in North America, Europe, and Asia. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc. POWER CORPORATION operates under Diversified Conglomerates classification in Canada and is traded on Toronto Stock Exchange. Power (POW) is traded on Toronto Exchange in Canada and employs 41 people. Power is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Power Leadership Team

Elected by the shareholders, the Power's board of directors comprises two types of representatives: Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Power. The board's role is to monitor Power's management team and ensure that shareholders' interests are well served. Power'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, Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
Delia Cristea, Assistant General Counsel, Assistant Secretary
Hugo Breton, Vice President
FCA FCA, Vice Chairman
Paul Genest, Senior Vice President
Luc Reny, Vice President
Emoke Szathmary, Independent Director
Gregory Tretiak, Chief Financial Officer, Executive Vice President
R Orr, President, Chief Executive Officer, Director
Anthony Graham, Lead Independent Director
Richard Pan, Vice President, Head - Corporate Finance
Pierre Piche, Vice President
Mei Dong, Vice President
Siim Vanaselja, Independent Director
Stphane Lemay, General VP
Yuhong Liu, Vice President
Paula Madoff, Independent Director
Andre Desmarais, Deputy Chairman of the Board, President, Co-Chief Executive Officer
Claude Genereux, Executive Vice President
Samuel Robinson, Vice President
Eoin hOgain, Vice President
Jake Lawrence, Executive CFO
T Ryan, Independent Director
Gregory FCA, Executive CFO
Robert Orr, CEO President
Gary Doer, Independent Director
Stephane Lemay, Vice President General Counsel, Secretary
Michel PlessisBelair, Vice Chairman of the Corporation
Arnaud Bellens, Vice President
Paul Desmarais, Chairman of the Board, Co-Chief Executive Officer
Marcel Coutu, Independent Director
Olivier Desmarais, Senior Vice President
Pierre Larochelle, President, Chief Executive Officer of Power Energy Corporation
Isabelle Marcoux, Independent Director
Pierre Beaudoin, Independent Director
Paul III, Senior VicePresident
Adam Vigna, Vice President
Christian Noyer, Independent Director
CFA ASC, VicePresident Administration
ASC CFA, VicePres Admin
Denis Vasseur, Vice President Controller
J Jackson, Independent Director

Power 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 Power 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 Power

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

Moving against Power Stock

  0.63LCX Lycos EnergyPairCorr
  0.54SCD Scandium CanadaPairCorr
The ability to find closely correlated positions to Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Power 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 Power - 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 Power to buy it.
The correlation of Power 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 Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power 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 Power 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 Power Stock

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