Jacob Welch - Armstrong Flooring Independent Director

AFIDelisted Stock  USD 0.35  0.05  12.50%   

Director

Mr. Jacob H. Welch is Independent Director of the company. He is currently a Partner at ValueAct Capital. Prior to joining ValueAct Capital in August 2009, Mr. Welch worked as an analyst with The Blackstone Group in its private equity division in New York. Mr. Welch offers our board of directors his advisory experience with Value Acts portfolio companies, as well as his knowledge and expertise in finance. since 2016.
Age 33
Tenure 8 years
Phone717 672-9611
Webwww.armstrongflooring.com

Armstrong Flooring Management Efficiency

The company has Return on Asset of (8.96) % which means that on every $100 spent on assets, it lost $8.96. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (24.82) %, meaning that it generated no profit with money invested by stockholders. Armstrong Flooring's management efficiency ratios could be used to measure how well Armstrong Flooring manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 131.1 M in debt with debt to equity (D/E) ratio of 0.66, which is OK given its current industry classification. Armstrong Flooring has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Armstrong Flooring until it has trouble settling it off, either with new capital or with free cash flow. So, Armstrong Flooring'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 Armstrong Flooring sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Armstrong to invest in growth at high rates of return. When we think about Armstrong Flooring's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

James ZugAmkor Technology
75
William StraussServiceNow
56
Ronald CoddServiceNow
61
Paul ChamberlainServiceNow
56
John OsborneAmkor Technology
71
Charles GiancarloServiceNow
58
Winston ChurchillAmkor Technology
77
Graham MScAbcellera BiologicsInc
N/A
Robert MorseAmkor Technology
62
Jeffrey MillerServiceNow
68
Tamar YehoshuaServiceNow
54
Jonathan ChadwickServiceNow
54
Mary McCourtAmkor Technology
56
Greg JohnsonAmkor Technology
N/A
Frederic LuddyServiceNow
69
Teresa BriggsServiceNow
59
Anita SandsServiceNow
43
Roger CarolinAmkor Technology
62
Dennis WoodsideServiceNow
51
David WatsonAmkor Technology
58
Daniel LiaoAmkor Technology
N/A
Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. The company was founded in 1860 and is headquartered in Lancaster, Pennsylvania. Armstrong Flooring operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 1568 people. Armstrong Flooring (AFI) is traded on New York Stock Exchange in USA and employs 1,568 people.

Management Performance

Armstrong Flooring Leadership Team

Elected by the shareholders, the Armstrong Flooring's board of directors comprises two types of representatives: Armstrong Flooring inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Armstrong. The board's role is to monitor Armstrong Flooring's management team and ensure that shareholders' interests are well served. Armstrong Flooring'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, Armstrong Flooring's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jacob Welch, Independent Director
John Bassett, Chief Human Resource Officer, Senior Vice President
Michel Vermette, President, Chief Executive Officer, Director
Joseph Bondi, Senior Vice President - North America Residential
Larry McWilliams, Chairman of the Board, Interim Chief Executive Officer
Ronald Ford, CFO, Senior Vice President
Tracy Marines, Vice President Controller
David Schulz, COO, Senior Vice President
Donald Maier, President CEO, Director
Douglas Bingham, Chief Financial Officer, Senior Vice President, Treasurer, IR Contact Officer
John Hillenbrand, Vice President - Global Research and Development
John Thompson, CFO, Senior Vice President
Kimberly Boscan, Vice President Controller
James OConnor, Director
Brent Flaharty, Senior Vice President, Chief Customer Experience Officer
Dominic Rice, Senior Vice President,Chief Product Officer and Global Operations
Amy Trojanowski, Chief Financial Officer, Senior Vice President
Phillip Gaudreau, Vice President Controller
Christopher Parisi, Senior Vice President Chief Compliance Officer, General Counsel, Secretary
Gregory Waina, Interim Chief Financial Officer, Principal Accounting Officer
James Melville, Lead Independent Director
Scott Hess, CIO, Vice President
Jeffrey Liaw, Independent Director
Kathleen Lane, Independent Director
Michael Malone, Independent Director
Richard Wenz, Director
Charles Grogan, Vice President - Global Operations
Michael Johnston, Independent Director

Armstrong 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 Armstrong Flooring 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 Armstrong Flooring

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 Armstrong Flooring 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 Armstrong Flooring will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Armstrong Flooring could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong Flooring 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 Armstrong Flooring - 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 Armstrong Flooring to buy it.
The correlation of Armstrong Flooring 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 Armstrong Flooring moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong Flooring 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 Armstrong Flooring 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
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Armstrong Flooring information on this page should be used as a complementary analysis to other Armstrong Flooring's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Other Consideration for investing in Armstrong Stock

If you are still planning to invest in Armstrong Flooring check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Armstrong Flooring's history and understand the potential risks before investing.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins