Thomas Gimbel - Reliance Steel Independent Director

RS Stock  USD 313.56  0.38  0.12%   

Director

Mr. Thomas W. Gimbel is an Independent Director of Reliance Steel Aluminum Company. He was appointed a director of Reliance in January 1999. Mr. Gimbel was retired since 2006, except that until recently he served as Trustee of the Florence Neilan Trust, which for many years was one of Reliances largest stockholders. Between 1984 and 2006, Mr. Gimbel was the president of Advanced Systems Group, an independent computer consulting firm servicing database requirements for diverse businesses of various sizes. From 1975 to 1984, Mr. Gimbel was employed by Dun Bradstreet. Mr. Gimbel serves as a member of our Nominating and Governance Committee. The Board of Directors has determined that Mr. Gimbel is an independent director. Mr. Gimbel is the great nephew of the Companys founder and the son of the Companys former Chairman and Chief Executive Officer, Bill Gimbel. As one of our largest individual stockholders, Mr. Gimbel provides the Board with a stockholder perspective. Mr. Gimbel also knows and understands the history and culture of the Company as it has grown from a privatelyheld company to a Fortune 500 company. Mr. Gimbel, who has never been an employee of the Company, respects the proven management strategy of our Company and seeks to protect the Companys core values as it grows since 1999.
Age 66
Tenure 25 years
Address 16100 N. 71st Street, Scottsdale, AZ, United States, 85254
Phone480 564 5700
Webhttps://www.rsac.com
Gimbel’s background in information technology also enables him to offer the Board and management guidance regarding the Company’s technology systems.

Reliance Steel Management Efficiency

The company has Return on Asset (ROA) of 0.1045 % which means that for every $100 of assets, it generated a profit of $0.1045. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1807 %, which means that it produced $0.1807 on every 100 dollars invested by current stockholders. Reliance Steel's management efficiency ratios could be used to measure how well Reliance Steel manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Reliance Steel's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.11 in 2024. At this time, Reliance Steel's Return On Assets are comparatively stable compared to the past year. Asset Turnover is likely to gain to 1.73 in 2024, whereas Other Assets are likely to drop 0.95 in 2024.
The company reports 1.38 B of total liabilities with total debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from financial leverage. Reliance Steel Aluminum has a current ratio of 3.19, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Reliance Steel until it has trouble settling it off, either with new capital or with free cash flow. So, Reliance Steel'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 Reliance Steel Aluminum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Reliance to invest in growth at high rates of return. When we think about Reliance Steel's use of debt, we should always consider it together with cash and equity.

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Reliance Steel Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 13700 people. Reliance Steel Aluminum (RS) is traded on New York Stock Exchange in USA. It is located in 16100 N. 71st Street, Scottsdale, AZ, United States, 85254 and employs 15,000 people. Reliance Steel is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Reliance Steel Aluminum Leadership Team

Elected by the shareholders, the Reliance Steel's board of directors comprises two types of representatives: Reliance Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reliance. The board's role is to monitor Reliance Steel's management team and ensure that shareholders' interests are well served. Reliance Steel'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, Reliance Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Suzanne Bonner, Chief Information Officer, Vice President
William Smith, Senior Vice President General Counsel, Corporate Secretary
Mark Kaminski, Independent Non-Executive Chairman of the Board
Leslie Waite, Independent Director
Stephen Koch, Senior Vice President - Operations
Douglas Hayes, Lead Independent Director
Arthur Ajemyan, Chief Financial Officer, Vice President
Michael Hynes, Senior Operations
William Sales, Executive Vice President, Operations
Gregg Mollins, CEO and President and Director
Frank Dellaquila, Independent Director
Andrew Sharkey, Independent Director
Silva Yeghyayan, Vice President - Tax
Brian Yamaguchi, Vice President - Supplier Development
William II, General VP
Jeffrey Durham, Mr. Senior Vice President - Operations
Robert McEvoy, Independent Director
Sheldon Tenenbaum, Senior Vice President - Supplier Development
Sean Mollins, Senior Vice President - Operations
John Figueroa, Independent Director
Brenda Miyamoto, Vice President - Corporate Initiatives, Investor Relation Officer
David Hannah, Executive Chairman
David Seeger, Independent Director
Thomas Gimbel, Independent Director
Lisa Baldwin, Independent Director
Donald Prebola, Vice President, Health & Human Resources
Douglas Stotlar, Independent Director
James Hoffman, President, Chief Executive Officer, Director
Karen Colonias, Independent Director
Sarah Anderson, Independent Director
Karla Lewis, CFO, Executive Vice President Assistant Corporate Secretary
John Shatkus, Vice President - Internal Audit
Vandy Lupton, Vice Resources
Michael Shanley, Senior Vice President - Operations

Reliance 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 Reliance Steel 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.

Currently Active Assets on Macroaxis

When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel'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 Reliance Steel's future performance. For an informed investment choice regarding Reliance 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 Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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When running Reliance Steel's price analysis, check to measure Reliance Steel'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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel'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 Reliance Steel. If investors know Reliance 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 Reliance Steel 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
(0.20)
Dividend Share
4
Earnings Share
22.64
Revenue Per Share
253.839
Quarterly Revenue Growth
(0.08)
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel'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 Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel'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 Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel'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.