Mark Garrett - Pure Storage Independent Director

PSTG Stock  USD 54.11  0.66  1.23%   

Director

Mr. Mark S. Garrett serves as a Independent Directorof the Company. Mr. Garrett has served on our board of directors since July 2015. From February 2007 to April 2018, Mr. Garrett served as Executive Vice President and Chief Financial Officer of Adobe Systems Incorporated, a producer of creative and digital marketing software. From 2004 to 2007, Mr. Garrett served as Senior Vice President and Chief Financial Officer of the Software Group of EMC Corporationrationration, an information technology company. From 2002 to 2004 and from 1997 to 1999, Mr. Garrett served as Executive Vice President and Chief Financial Officer of Documentum, Inc., including throughout its acquisition by EMC in December 2003. Mr. Garrett currently serves on the board of directors of Cisco Systems, Inc. and GoDaddy, Inc. Mr. Garrett previously served on the boards of directors of Model N, Inc. from 2008 to 2016 and Informatica Corporation from 2008 to 2015. Mr. Garrett earned a B.S. in accounting and marketing from Boston University and an M.B.A. from Marist College. Mr. Garretts qualifications for board service include his extensive management and financial experience, as well as his relevant industry knowledge. since 2015.
Age 62
Tenure 9 years
Address 2555 Augustine Drive, Santa Clara, CA, United States, 95054
Phone800 379 7873
Webhttps://www.purestorage.com

Pure Storage Management Efficiency

The company has return on total asset (ROA) of 0.0151 % which means that it generated a profit of $0.0151 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0555 %, meaning that it created $0.0555 on every $100 dollars invested by stockholders. Pure Storage's management efficiency ratios could be used to measure how well Pure Storage manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.12. The current Return On Capital Employed is estimated to decrease to -0.11. At this time, Pure Storage's Other Assets are most likely to increase significantly in the upcoming years. The Pure Storage's current Intangible Assets is estimated to increase to about 35.9 M, while Other Current Assets are projected to decrease to roughly 103.3 M.
The company currently holds 272.25 M in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. Pure Storage has a current ratio of 1.3, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Pure Storage until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Storage'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 Pure Storage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Storage's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 9 records

DIRECTOR Age

Jimmy Kever3D Systems
67
John Tracy3D Systems
65
William Curran3D Systems
71
William Humes3D Systems
55
Vansant Padmanabhan3D Systems
53
Kevin Moore3D Systems
65
Malissia Clinton3D Systems
52
Jeffrey Wadsworth3D Systems
70
Thomas Erickson3D Systems
69
Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California. Pure Storage operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 4600 people. Pure Storage (PSTG) is traded on New York Stock Exchange in USA. It is located in 2555 Augustine Drive, Santa Clara, CA, United States, 95054 and employs 5,600 people. Pure Storage is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification.

Management Performance

Pure Storage Leadership Team

Elected by the shareholders, the Pure Storage's board of directors comprises two types of representatives: Pure Storage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Storage's management team and ensure that shareholders' interests are well served. Pure Storage'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, Pure Storage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Giancarlo, Chairman of the Board, Chief Executive Officer
Dominick Delfino, Chief Revenue Officer, Global Head of Sales
Mallun Yen, Director
Ajay Singh, Chief Product Officer
Anita Sands, Independent Director
Mona Chu, VP Officer
Jeffrey Rothschild, Independent Director
Scott Dietzen, Vice Chairman of the Board
Sanjot Khurana, VP Treasurer
Matt Burr, Chief Officer
John Colgrove, Founder, Chief Technology Officer, Director
Jason Rose, Chief Marketing Officer
Cathleen Southwick, Chief Information Officer
Andrew Brown, Independent Director
Robert Lee, VP CTO
Rena Fallstrom, Vice Communications
Mark Garrett, Independent Director
Roxanne Taylor, Independent Director
Niki JD, Chief Officer
Gregory Tomb, Independent Director
Dan FitzSimons, Chief Officer
Michael Fitzgerald, VP Operations
John Hayes, Founder Advisor
John Murphy, Director
Susan Taylor, Independent Director
Kevan Krysler, Chief Financial Officer

Pure 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 Pure Storage 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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pure Storage using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Pure Stock analysis

When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Global Correlations
Find global opportunities by holding instruments from different markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage 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
(0.14)
Earnings Share
0.19
Revenue Per Share
9.077
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0151
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.