Michael Harlan - Waste Connections Independent Director

WCN Stock  CAD 271.42  0.59  0.22%   

Director

Mr. Michael W. Harlan serves as Independent Director of the Company. Mr. Harlan is the Chairman of the Board of Directors and Chief Executive Officer of Principal Environmental, L.L.C., doing business as TruHorizon Environmental Solutions, a company that provides environmental regulatory compliance services, and a position he has held since September 2013. Mr. Harlan joined the Board of Directors of Brewer Crane Holdings, LLC, in July 2018. Brewer Crane is a privatelyheld company that provides customers in Southern California with a wide range of crane, rigging, trucking, and construction services. Since September 2011, he has also served as President of Harlan Capital Advisors, LLC, a private consulting firm focused on advising companies on operational matters, strategic planning, mergers and acquisitions, debt and equity investments, and capital raising initiatives. Prior to forming Harlan Capital Advisors, Mr. Harlan held numerous positions at U.S. Concrete, Inc., a publiclytraded producer of concrete, aggregates and related concrete products, including most recently as its President and Chief Executive Officer from May 2007 until August 2011, and as a Director from June 2006 until August 2011. He has previously served on the Board of Directors for several public and private companies and currently serves on the University of Houston Honors College Advisory Board. Prior to founding U.S. Concrete in August 1998, Mr. Harlan held several senior financial positions with publiclytraded companies, including chief financial officer, treasurer and controller. Mr. Harlan began his career with an international public accounting firm since 2016.
Age 58
Tenure 8 years
Address 6220 Highway 7, Woodbridge, ON, Canada, L4H 4G3
Phone905 532 7510
Webhttps://www.wasteconnections.com
Harlan is a Certified Public Accountant and graduated magna cum laude from the University of Mississippi with a Bachelor of Accounting degree.

Michael Harlan Latest Insider Activity

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

Waste Connections Management Efficiency

The company has return on total asset (ROA) of 0.0507 % which means that it generated a profit of $0.0507 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1185 %, meaning that it generated $0.1185 on every $100 dollars invested by stockholders. Waste Connections' management efficiency ratios could be used to measure how well Waste Connections manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.09. Also, Return On Capital Employed is likely to grow to 0.09. At this time, Waste Connections' Intangibles To Total Assets are very stable compared to the past year. As of the 29th of November 2024, Debt To Assets is likely to grow to 0.42, while Other Current Assets are likely to drop about 68.8 M.
Waste Connections has accumulated 7.02 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Waste Connections has a current ratio of 1.37, which is within standard range for the sector. Debt can assist Waste Connections until it has trouble settling it off, either with new capital or with free cash flow. So, Waste Connections' 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 Waste Connections sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waste to invest in growth at high rates of return. When we think about Waste Connections' use of debt, we should always consider it together with cash and equity.

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Waste Connections, Inc. provides waste collection, transfer, disposal, and recycling services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Vaughan, Canada. WASTE CONNECTIONS operates under Waste And Water Management classification in Canada and is traded on Toronto Stock Exchange. It employs 18204 people. Waste Connections (WCN) is traded on Toronto Exchange in Canada and employs 22,539 people. Waste Connections is listed under Environmental & Facilities Services category by Fama And French industry classification.

Management Performance

Waste Connections Leadership Team

Elected by the shareholders, the Waste Connections' board of directors comprises two types of representatives: Waste Connections inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Waste. The board's role is to monitor Waste Connections' management team and ensure that shareholders' interests are well served. Waste Connections' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Waste Connections' outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Lee, Independent Director
Susan Netherton, Vice President – People, Training and Development
John Perkey, VP Affairs
Worthing Jackman, President, Chief Executive Officer, Director
Scott Schreiber, Vice President – Equipment and Operations Support
Eric Hansen, Senior Vice President, Chief Information Officer
Jason Pratt, Vice President Corporate Controller
Keith Gordon, Vice President – Information Systems
Darrell Chambliss, Chief Operating Officer, Executive Vice President
David Hall, Senior Vice President - Sales and Marketing
Matthew Black, Senior Vice President Chief Tax Officer
Mary Whitney, Chief Financial Officer, Senior Vice President
Patrick Shea, Executive Vice President, General Counsel, Secretary
Larry Hughes, Independent Director
Elise Jordan, Independent Director
Robert Cloninger, Vice President Deputy General Counsel, Assistant Secretary
Ronald Mittelstaedt, Executive Chairman of the Board
Gregory Thibodeaux, Vice President – Maintenance and Fleet Management
Edward Guillet, Independent Director
David Eddie, Senior Vice President Chief Accounting Officer
Michael Harlan, Independent Director
Richard Wojahn, Vice President - Business Development
James Little, Executive Vice President – Engineering and Disposal
Shawn Mandel, Vice President – Safety and Risk Management
Colin Wittke, Vice President - Sales
William Razzouk, Independent Director
Patrick JD, General VP
Michelle Little, Executive Director – Engagement Solutions/HRIS
Joe Box, Vice Relations

Waste 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 Waste Connections 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 Waste Connections

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

Moving together with Waste Stock

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The ability to find closely correlated positions to Waste Connections could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Connections 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 Waste Connections - 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 Waste Connections to buy it.
The correlation of Waste Connections 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 Waste Connections moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Connections 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 Waste Connections 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
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' 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.