Carl Tinggren - Open Text Independent Director

OTEX Stock  CAD 41.38  7.16  14.75%   

Director

Mr. Carl Jrgen Tinggren is Independent Director of the Company. Mr. Tinggren has served as a director of OpenText since February 2017. Mr. Tinggren is the former Chief Executive Officer of Schindler Group, a European based global industrial corporation, and has over 30 years of international business experience. Previous to Schindler Group, Mr. Tinggren gained extensive management experience at Sika AG, a public specialty chemicals company, based out of Switzerland, Sweden and North America, as well as at Booz Allen Hamilton. Mr. Tinggren is currently a nonexecutive member of the board of directors of Johnson Controls International, where he also serves as lead director and as chair of the audit committee. He is also a director at the Conference Board. Previously, Mr. Tinggren also formerly served as a director of Schindler Group and Sika AG since 2017.
Age 61
Tenure 7 years
Professional MarksMBA
Address 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1
Phone519 888 7111
Webhttps://www.opentext.com
Tinggren received an M.B.A. from Stockholm School of Economics and New York University Business School.

Open Text Management Efficiency

The company has return on total asset (ROA) of 0.0357 % which means that it generated a profit of $0.0357 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0408 %, meaning that it generated $0.0408 on every $100 dollars invested by stockholders. Open Text's management efficiency ratios could be used to measure how well Open Text manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Open Text's Return On Tangible Assets are very stable compared to the past year. As of the 5th of May 2024, Return On Equity is likely to grow to 0.04, while Return On Capital Employed is likely to drop 0.03. At this time, Open Text's Fixed Asset Turnover is very stable compared to the past year. As of the 5th of May 2024, Asset Turnover is likely to grow to 0.53, while Non Currrent Assets Other are likely to drop about 69.1 M.
The company has accumulated 320.85 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Open Text Corp has a current ratio of 1.53, which is within standard range for the sector. Debt can assist Open Text until it has trouble settling it off, either with new capital or with free cash flow. So, Open Text'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 Open Text Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Open to invest in growth at high rates of return. When we think about Open Text's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

DIRECTOR Age

M MAHPQ Silicon Resources
N/A
Shaun MaineConverge Technology Solutions
N/A
Ravi KrishnanBoardwalktech Software Corp
N/A
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada. OPEN TEXT operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. It employs 14800 people. Open Text Corp (OTEX) is traded on Toronto Exchange in Canada and employs 24,100 people. Open Text is listed under Application Software category by Fama And French industry classification.

Management Performance

Open Text Corp Leadership Team

Elected by the shareholders, the Open Text's board of directors comprises two types of representatives: Open Text inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Open. The board's role is to monitor Open Text's management team and ensure that shareholders' interests are well served. Open Text'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, Open Text's outside directors are responsible for providing unbiased perspectives on the board's policies.
Craig Stilwell, Executive Vice President General Manager SMB and Consumer
Michael Acedo, Chief VP
Sandy Ono, Executive Officer
Simon Harrison, Executive Vice President - Worldwide Sales
Stephen Sadler, Director
Muhieddine Majzoub, Executive Vice President, Chief Product Officer
Cosmin Balota, Senior Officer
Gordon Davies, Executive Vice President, Chief Legal Officer and Corporate Development
Carl Tinggren, Independent Director
Madhu Ranganathan, Chief Financial Officer, Executive Vice President
Douglas Parker, Senior Vice President - Corporate Development
Howard CPA, VP Officer
Katharine Stevenson, Independent Director
Renee McKenzie, Ex Officer
Michael Slaunwhite, Independent Director
P Jenkins, Independent Chairman of the Board
David Fraser, Independent Director
Harry Blount, Senior Relations
Randy Fowlie, Lead Independent Director
Jen Bell, Vice Officer
Paul Duggan, Executive Officer
Gail Hamilton, Independent Director
Muhi Majzoub, Executive Vice President - Engineering
Harmit Singh, Independent Director
Mark Barrenechea, Chief Executive Officer, Vice Chairman of the Board, Chief Technology Officer
Deborah Weinstein, Independent Director

Open 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 Open Text 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text'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 Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Open Stock analysis

When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text'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.