Lewis Gack - Chase Independent Director

CCFDelisted Stock  USD 127.49  0.00  0.00%   

Director

Mr. Lewis P. Gack is Independent Director of the Company. Mr. Gack Principal of LPG Consulting, an accounting and business consulting firm. Previously Treasurer and Chief Financial Officer of the United Group Operating Companies, Inc., a wholesale liquor distributor, from 1998 to October 2007 since 2002.
Age 75
Tenure 22 years
Phone781 332 0700
Webhttps://chasecorp.com
Gack offers financial, accounting and legal experience as well as executive experience to the Board. He has a background in public accounting in addition to operations and management expertise including a focus on inventory management and distribution.

Chase Management Efficiency

The company has Return on Asset of 0.0635 % which means that on every $100 spent on assets, it made $0.0635 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.085 %, implying that it generated $0.085 on every 100 dollars invested. Chase's management efficiency ratios could be used to measure how well Chase manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 110.11 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. Chase has a current ratio of 7.87, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Chase until it has trouble settling it off, either with new capital or with free cash flow. So, Chase'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 Chase sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chase to invest in growth at high rates of return. When we think about Chase's use of debt, we should always consider it together with cash and equity.

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Chase Corporation, a specialty chemicals company, manufactures and sells protective materials for various applications worldwide. The company was founded in 1946 and is headquartered in Westwood, Massachusetts. Chase Corp operates under Specialty Chemicals classification in the United States and is traded on AMEX Exchange. It employs 661 people. Chase (CCF) is traded on NYSE MKT Exchange in USA and employs 859 people.

Management Performance

Chase Leadership Team

Elected by the shareholders, the Chase's board of directors comprises two types of representatives: Chase inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chase. The board's role is to monitor Chase's management team and ensure that shareholders' interests are well served. Chase'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, Chase's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas DeByle, Independent Director
Michael Bourque, Chief Financial Officer, Treasurer
John Derby, Independent Director
Adam Chase, President, Chief Executive Officer, Chief Financial Officer, Interim Treasurer, Director
Jeffery Haigh, Vice President General Counsel, Corporate Secretary
Paula Eckel, VP HR
Mary Chase, Founder, Director and President of Chase Partners
Dana MohlerFaria, Lead Independent Director
George Hughes, Corporate Secretary, Director, Chairman of Nominating and Governance Committee and Member of Compensation and Management Devel. Committee
Lewis Gack, Independent Director
Kenneth Feroldi, CFO and Treasurer
Christian Talma, Chief Financial Officer, Treasurer
Peter Chase, Executive Chairman of the Board
Chad McDaniel, Independent Director
Thomas Wroe, Independent Director
Joan WallaceBenjamin, Independent Director

Chase 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 Chase 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 Chase

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

Moving together with Chase Stock

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Moving against Chase Stock

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  0.42AGCB Altimeter Growth 2PairCorr
The ability to find closely correlated positions to Chase could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chase 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 Chase - 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 Chase to buy it.
The correlation of Chase 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 Chase moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chase 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 Chase 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 main economic indicators.
Note that the Chase information on this page should be used as a complementary analysis to other Chase'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Consideration for investing in Chase Stock

If you are still planning to invest in Chase 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 Chase's history and understand the potential risks before investing.
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