Harry Schmelzer - WEG SA CEO, Member of the Executive Board

WEGE3 Stock  BRL 53.94  1.03  1.95%   

CEO

Mr. Harry Schmelzer, Jr. is Chief Executive Officer and a Member of the Executive Board of Weg SA since December 13, 2007. He held several positions within the Weg Group, such as Head of Technical Sales from 1983 to 1985, Sales Manager of Weg Acionamentos from 1986 to 1991, and Chief Operating Officer of Weg Acionamentos from 1992 to 2005. He obtained a Bachelors in Electrical Engineering from Universidade do Estado de Santa Catarina in 1982 and a Masters of Business Administration in Business Administration from Universidade do Estado de Santa Catarina in 1987. since 2007.
Age 65
Tenure 17 years
Phone55 47 3276 4000
Webhttps://www.weg.net/institutional/BR/en/

WEG SA Management Efficiency

The company has return on total asset (ROA) of 0.1236 % which means that it generated a profit of $0.1236 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2879 %, meaning that it generated $0.2879 on every $100 dollars invested by stockholders. WEG SA's management efficiency ratios could be used to measure how well WEG SA manages its routine affairs as well as how well it operates its assets and liabilities.
WEG SA has accumulated 986.32 M in total debt with debt to equity ratio (D/E) of 46.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. WEG SA has a current ratio of 1.83, which is within standard range for the sector. Debt can assist WEG SA until it has trouble settling it off, either with new capital or with free cash flow. So, WEG SA'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 WEG SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WEG to invest in growth at high rates of return. When we think about WEG SA's use of debt, we should always consider it together with cash and equity.

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WEG S.A. engages in the production and trade of capital goods in Brazil and internationally. WEG S.A. is a subsidiary of WEG Participaes e Servios S.A. WEG S operates under Diversified Industrials classification in Brazil and is traded on Sao Paolo Stock Exchange. WEG SA (WEGE3) is traded on Sao Paulo Exchange in Brazil and employs 36,987 people.

Management Performance

WEG SA Leadership Team

Elected by the shareholders, the WEG SA's board of directors comprises two types of representatives: WEG SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WEG. The board's role is to monitor WEG SA's management team and ensure that shareholders' interests are well served. WEG SA'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, WEG SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Harry Schmelzer, CEO, Member of the Executive Board
Hilton Faria, Chief Human Resources Officer, Member of the Executive Board
Andre Rodrigues, CFO Board
Alberto Kuba, Chief Board
Joo Silva, COO Board
Eduardo Nobrega, Managing Director-WEG Energy Business Unit
Andre Salgueiro, Fin Board
Manfred Johann, Managing Director–WEG Automation Business Unit
Carlos Prinz, Chief Transmission and Distribution Officer, Member of the Executive Board
Julio Ramires, COO Board

WEG 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 WEG SA 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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Additional Tools for WEG Stock Analysis

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