Michael Hochschwender - Huntington Bancshares Director

Director

Mr. J. Michael Hochschwender is Independent Director of the Company. He is President and CEO of The Smithers Group, Inc., Akron, Ohio, a private group of companies that provides technologybased services to global clientele in a broad range of industries. Under Mr. Hochschwenders leadership since 1996, Smithers has experienced rapid growth, technological diversification and geographic expansion through an aggressive series of acquisitions as well as organic growth. Mr. Hochschwender was a director of FirstMerit Corporation for ten years and served as a member of the audit committee and compensation committee. Mr. Hochschwender has more than 20 years of corporate management and consulting experience. Mr. Hochschwender holds a masters degree from the Wharton School of Business at the University of Pennsylvania and a bachelors degree from Tulane University. He also served five years in the U.S. Navy SEAL Teams, deploying to Southeast Asia and the Middle East. He is active in local health, civic and educational organizations, currently serving on the boards of Ohio Foundation of Independent Colleges, and The University of Akron Foundation. Previously Mr. Hochschwender has served on the boards of the Akron General Medical Center, the Greater Akron Chamber of Commerce, Old Trail School, and The American Council of Independent Laboratories. Mr. Hochschwender was elected a Trustee of Burton D. Morgan Foundation in 2012 since 2016.
Age 57
Tenure 8 years
Phone614 480 2265
Webhttp://www.huntington.com
Hochschwender brings substantial leadership, executive experience and business experience in the northeast Ohio market to the board of directors.

Huntington Bancshares Management Efficiency

The company has return on total asset (ROA) of 0.77 % which means that it generated a profit of $0.77 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 6.92 %, meaning that it generated $6.92 on every $100 dollars invested by stockholders. Huntington Bancshares' management efficiency ratios could be used to measure how well Huntington Bancshares manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 7.91 B in total debt. Debt can assist Huntington Bancshares until it has trouble settling it off, either with new capital or with free cash flow. So, Huntington Bancshares' 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 Huntington Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Huntington to invest in growth at high rates of return. When we think about Huntington Bancshares' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Andrew RubinJD Sports Fashion
52
Terence HarveyPerseus Mining Limited
N/A
Michael BohmPerseus Mining Limited
N/A
Scott CookProcter Gamble
67
Heather JacksonJD Sports Fashion
51
Ernesto LeonProcter Gamble
65
Herbert ParkerApogee Enterprises
60
Kenneth ChenaultProcter Gamble
66
Susan DesmondHellmannProcter Gamble
57
Patricia WagnerApogee Enterprises
54
Russell HorowitzMarchex
57
Francis BlakeProcter Gamble
70
Lloyd JohnsonApogee Enterprises
63
John ManningApogee Enterprises
67
David WeissApogee Enterprises
71
Donald NolanApogee Enterprises
56
Dennis ClineMarchex
54
Adam SmitsPerseus Mining Limited
N/A
Daniel LougherPerseus Mining Limited
53
Wayne WisehartMarchex
68
Anne DevereuxMillsMarchex
53
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio, with 123 billion of assets and a network of 8 branches, including 11 Private Client Group offices, and 1,322 ATMs across seven Midwestern states. Huntington also provides vehicle finance, equipment finance, national settlement, and capital market services that extend beyond its core states. Huntington Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 17018 people. Huntington Bancshares Incorporated (HBANN) is traded on NASDAQ Exchange in USA and employs 17,018 people.

Management Performance

Huntington Bancshares Leadership Team

Elected by the shareholders, the Huntington Bancshares' board of directors comprises two types of representatives: Huntington Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Huntington. The board's role is to monitor Huntington Bancshares' management team and ensure that shareholders' interests are well served. Huntington Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Huntington Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
David Anderson, Executive Vice President Controller
Ann Crane, Independent Director
Andrew Harmening, Executive Vice President Consumer and Business banking Director
John Gerlach, Independent Director
Helga Houston, Senior Executive Vice President Chief Risk Officer
Nancy Maloney, Executive Vice President Controller
Richard Neu, Independent Director
Daniel Neumeyer, Senior Executive Vice President Chief Credit Officer of The Huntington National Bank
Sandra Pierce, Senior Executive Vice President Private Client Group & Regional Banking Director, and Chair of Michigan
Michael Endres, Director
Richard Cheap, General Counsel, Secretary; EVP, General Counsel, Secretary, Cashier of The Huntington National Bank
Richard Remiker, Senior Executive Vice President - Commercial Banking for The Huntington National Bank
Howell McCullough, CFO, Senior Executive Vice President
Kenneth Phelan, Director
Julie Tutkovics, Executive Vice President Chief Communications, Marketing Director
Lizabeth Ardisana, Director
Eddie Munson, Independent Director
Stephen Steinour, Chairman of the Board and Presidentident, CEO of the Company and The Huntington National Bank
Rajeev Syal, Chief Human Resource Officer, Senior Executive Vice President
Barbara Benham, Executive Vice President and Director - Corporate Communications and Government Relation
Richard Pohle, Chief Credit Officer
Mary Navarro, Senior Executive Vice President of The Huntington National Bank
Steven Elliott, Independent Director
John Inglis, Director
Gina France, Director
Robert Cubbin, Director
Paul Heller, Chief Technology and Operations Officer and Senior Executive Vice President
Nicholas Stanutz, Senior Executive Vice President; Director - Auto Finance and Dealer Services of The Huntington National Bank
Jonathan Levy, Independent Director
Michael Hochschwender, Director
James Dunlap, Senior Executive Vice President - Wealth, Government & Home Lending Group Director of The Huntington National
Jana Litsey, Senior Executive Vice President General Counsel, Secretary
Kathleen Ransier, Independent Director
David Porteous, Lead Independent Director
Mark Thompson, Senior Executive Vice President
Peter Kight, Independent Director

Huntington 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 Huntington Bancshares 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Huntington Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Huntington Bancshares' short interest history, or implied volatility extrapolated from Huntington Bancshares options trading.

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
Check out Risk vs Return Analysis 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 board of governors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Huntington Stock

If you are still planning to invest in Huntington Bancshares 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 Huntington Bancshares' history and understand the potential risks before investing.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Transaction History
View history of all your transactions and understand their impact on performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments