Charles Schmitt - SSAB AB Executive Vice President and Head of SSAB Americas

SSABBH Stock  EUR 4.09  0.16  3.76%   

President

Mr. Charles Schmitt has served as Executive Vice President and Head of SSAB Americas at SSAB AB since July 18, 2011 since 2011.
Age 60
Tenure 13 years
Phone46 84 54 57 00
Webhttps://www.ssab.com
Schmitt was employed by IPSCO/SSAB since 1990. Over the years he held various positions with US Steel Corporationration and served as Vice President of the Southern Business Unit for SSAB Americas. He holds a BS degree in Business Administration/Finance from the University of Texas at Arlington and twoyear steel fellowship at the American Iron and Steel Institute.

SSAB AB Management Efficiency

The company has return on total asset (ROA) of (0.0247) % which means that it has lost $0.0247 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1546) %, meaning that it generated substantial loss on money invested by shareholders. SSAB AB's management efficiency ratios could be used to measure how well SSAB AB manages its routine affairs as well as how well it operates its assets and liabilities.
SSAB AB ser has accumulated 8.49 B in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. SSAB AB ser has a current ratio of 1.68, which is within standard range for the sector. Debt can assist SSAB AB until it has trouble settling it off, either with new capital or with free cash flow. So, SSAB AB'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 SSAB AB ser sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SSAB to invest in growth at high rates of return. When we think about SSAB AB's use of debt, we should always consider it together with cash and equity.

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SSAB AB produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. The company was founded in 1878 and is headquartered in Stockholm, Sweden. SSAB AB operates under Steel classification in Finland and is traded on Helsinki Exchange. It employs 14043 people. SSAB AB ser (SSABBH) is traded on Helsinki Exchange in Finland and employs 14,492 people.

Management Performance

SSAB AB ser Leadership Team

Elected by the shareholders, the SSAB AB's board of directors comprises two types of representatives: SSAB AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SSAB. The board's role is to monitor SSAB AB's management team and ensure that shareholders' interests are well served. SSAB AB'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, SSAB AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin Pei, Executive Vice President, Chief Technology Officer
Jonas Bergstrand, Executive Vice President, Head of Legal, M&A and Procurement; Secretary to the Board of Directors
Bengt Kjell, Independent Chairman of the Board
Tomas Westman, Director, Employee Representative
Viktor Stromberg, Executive Vice President, Head of Strategy and Digitalization
Steven Hansen, VP Americas
Eva Petursson, Executive Vice President, Head of Research and Innovation
Mikael Henriksson, Director, Employee Representative
Christina BgeFriborg, Ethics, Sustainability
Sture Bergvall, Director, Employee Representative
Marie Gronborg, Independent Director
Maria Langberg, Executive Vice President, Head of People, Culture and Communication
Johnny Sjostrom, Executive Vice President Head of SSAB Special Steels
Pasi Laine, Independent Director
Matti Lievonen, Independent Vice Chairman of the Board
Christina Friborg, Executive Vice President and Head of Sustainability, Ethics & Compliance and Health & Safety
Mia Widell, Head Communications
Tim Wensits, Chief NAD
Olavi Huhtala, Executive Vice President Head of SSAB Europe
Leena Craelius, CFO VP
LLM LLM, Head VP
Martin Lindqvist, Chief Executive Officer, President, Director
Hakan Folin, Executive Vice President, Chief Financial Officer
Bo Annvik, Independent Director
Per Hillstrm, Head Relations
Petra Einarsson, Independent Director
Marika Fredriksson, Independent Director
Charles Schmitt, Executive Vice President and Head of SSAB Americas

SSAB 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 SSAB AB 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.

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Other Information on Investing in SSAB Stock

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