Lorne Gorber - CGI President

GIB Stock  USD 103.90  0.60  0.57%   

President

Mr. Lorne Gorber Executive VicePresident, Investor and Public Relations of CGI Group Inc. He previously held the position of Executive VicePresident, Global Communications and Investor Relations of the company. Lorne Gorber joined CGI in 2005 as VicePresident, Investor Relations. He became VicePresident, Global Communications and Investor Relations in 2006 and he was appointed Senior VicePresident in October 2010 and then Executive VicePresident in 2015. In this role, Mr. Gorber is responsible for CGIs global strategic reputation management initiatives, including serving as company spokesperson and significantly growing the companys investment coverage. He is also responsible for the investor relations program and global communications functions, including external and internal communications as well as all brandrelated activity. Prior to joining CGI, Mr. Gorber worked for seven years for a Montrealbased natural resources company. He began in the communications department and then managed the investor relations program. He had previously worked in the entertainment industry and has contributed as a writer and editor to numerous publications in both Canada and the United States. Active in the investor relations community, Lorne Gorber was involved with the Canadian Investor Relations Institute . He served as the President of the Quebec Chapter from 20072009 and currently sits on the board of both the provincial and national chapters. Lorne Gorber holds a Masters degree from the University of Southern California . As an undergraduate, he studied at McGill and New York Universities, before graduating from Concordia. since 2018.
Tenure 6 years
Address 1350 René-Lévesque Blvd West, Montreal, QC, Canada, H3G 1T4
Phone514 415 3000
Webhttps://www.cgi.com
Gorber previously served the Company as VicePresident, Global Communications and Investor Relations since October 2006, and previously as VicePresident, Investor Relations since November 2005.

CGI Management Efficiency

The company has Return on Asset of 0.0932 % which means that on every $100 spent on assets, it made $0.0932 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1988 %, implying that it generated $0.1988 on every 100 dollars invested. CGI's management efficiency ratios could be used to measure how well CGI manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to 0.13. In addition to that, Return On Capital Employed is expected to decline to 0.12. At present, CGI's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 13.1 B, whereas Non Currrent Assets Other are forecasted to decline to about 319 M.
The company has 3.74 B in debt with debt to equity (D/E) ratio of 0.55, which is OK given its current industry classification. CGI Inc has a current ratio of 1.17, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist CGI until it has trouble settling it off, either with new capital or with free cash flow. So, CGI'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 CGI Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CGI to invest in growth at high rates of return. When we think about CGI's use of debt, we should always consider it together with cash and equity.

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CGI Inc., together with its subsidiaries, provides information technology and business process services in Canada Western, Southern, Central, and Eastern Europe Australia Scandinavia Finland, Poland, and Baltics the United States the United Kingdom and the Asia Pacific. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada. CGI operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. CGI Inc (GIB) is traded on New York Stock Exchange in USA. It is located in 1350 René-Lévesque Blvd West, Montreal, QC, Canada, H3G 1T4 and employs 90,500 people. CGI is listed under IT Consulting & Other Services category by Fama And French industry classification.

Management Performance

CGI Inc Leadership Team

Elected by the shareholders, the CGI's board of directors comprises two types of representatives: CGI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CGI. The board's role is to monitor CGI's management team and ensure that shareholders' interests are well served. CGI'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, CGI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Boyajian, Executive Vice-President and Global Chief Business Engineering Officer
Stephen Poloz, Independent Director
Laurent Gerin, President Western and Southern Europe Operations
Lorne Gorber, Senior Vice President - Global Communications and Investor Relations
JeanMichel Baticle, President France, Luxembourg and Morocco Operations
Timothy Hearn, Lead Independent Director
John Karnblad, President Scandinavia Operations
Daniel Rocheleau, Executive Vice President Chief Business Engineering Officer
Colin Holgate, President Asia Pacific
Joao Baptista, President Nordics, Southern Europe and South America
Mary Powell, Independent Director
Claude Seguin, Senior Vice President - Corporate Development and Strategic Investments
Benoit Dube, Executive Vice President, Legal and Economic Affairs and Company Secretary
Jacques Roy, Senior Vice President - Finance, Treasury
Heikki Nikku, President - United Kingdom Operations
Stephanie Mango, President
Jean Brassard, Independent Director
Joakim Westh, Independent Director
Stanley Sims, Chief Security Officer
Heather MunroeBlum, Independent Director
Gilles Labbe, Independent Director
Timothy Gregory, President of United Kingdom Operations
Luc Pinard, Executive Vice President - Corporate Performance and Knowledge Management
Julie Godin, Vice-Chair of the Board, Chief Planning and Administration Officer, Executive Vice President
Par Fors, President - Scandinavia Operations
Bernard Labelle, Chief Human Resources Officer, Executive Vice President
Richard Evans, Independent Director
Michael Keating, Senior Vice-President - Global Marketing and IP Strategy
George Cope, Independent Director
Dave Henderson, President United States Operations
Torsten Strass, President - Central and Eastern Europe Operations
LeenaMari Lahteenmaa, President - Finland, Poland, and Baltics Operations
Robert Chevrier, Independent Director
Guy Vigeant, Senior Vice President - Mergers and Acquisitions
Serge Godin, Executive Chairman of the Board, Co-Founder
David Henderson, President - United States Operations, Commercial and State Government
George Mattackal, President - Asia Pacific Operations, Global Delivery Centers of Excellence
Alison Reed, Independent Director
Jame Cofran, Senior Vice President Chief Marketing Officer
Paule Dore, Independent Director
Mike Pedersen, Director
Sophie Brochu, Independent Director
Douglas McCuaig, Executive Vice President - Global Client Transformation Services
George Schindler, President, Chief Executive Officer, Director
Bernard Bourigeaud, Independent Director
Steve Thorn, President - United Kingdom Operations
Claude Marcoux, Chief Operations Officer, Canada
Francois Boulanger, Chief Financial Officer, Executive Vice President
Andre Imbeau, Founder, Vice Chairman and Advisor to the Founder
Tara McGeehan, President - United Kingdom and Australia Operations
Stuart Forman, Senior Vice President Global CIO
Benoit Dub, Executive Secretary
Steve Perron, Senior Vice-President Finance and Treasury
Dominic DAlessandro, Independent Director
Leslie McKay, Senior Officer
Serge Dubrana, President Central and Eastern Europe
Frank Witter, Independent Director
Kathy Waller, Independent Director
Michael Roach, CEO and President and Director
Alain Bouchard, Sr. VP of Québec City Bus. Unit, Independent Director and Member of HR Committee
Michael Pedersen, Independent Director
Timothy Hurlebaus, President - United States Operations, Commercial and State Government
Kevin Linder, Senior Vice President Corporate Controller

CGI 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 CGI 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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When determining whether CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI's 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 Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in CGI Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running CGI's price analysis, check to measure CGI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CGI is operating at the current time. Most of CGI's value examination focuses on studying past and present price action to predict the probability of CGI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CGI's price. Additionally, you may evaluate how the addition of CGI to your portfolios can decrease your overall portfolio volatility.
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Is CGI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CGI. If investors know CGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CGI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.044
Earnings Share
5.02
Revenue Per Share
62.124
Return On Assets
0.0932
Return On Equity
0.1988
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CGI's market value can be influenced by many factors that don't directly affect CGI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI's 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.