Joseph Sullivan - Legg Mason Chairman

Chairman

Mr. Joseph A. Sullivan is the Chairman of the Board, President and Chief Executive Officer of the Company. Mr. Sullivan was a director of Legg Mason since February 2013 and has served as our Chairman since October 2014 since 2014.
Age 60
Tenure 10 years
Phone410 539-0000
Webwww.leggmason.com
Sullivan was elected President, Chief Executive Officer and a member of the Board in February 2013. Before being appointed as President and Chief Executive Officer, Mr. Sullivan served as Interim Chief Executive Officer of Legg Mason from October 1, 2012 to February 11, 2013. Prior to that, Mr. Sullivan oversaw the global distribution operations of Legg Mason. He was elected Senior Executive Vice President of Legg Mason in September 2008 and until January 2011 was responsible for overseeing administrative functions as Chief Administrative Officer. From December 2005 to September 2008, he was responsible for overseeing the fixed income capital markets operations of Stifel Nicolaus, a brokerdealer. From 1993 to December 2005, he oversaw the fixed income capital markets operations of Legg Mason Wood Walker, the company’s brokerdealer subsidiary that was sold in December 2005.

Legg Mason Management Efficiency

The company has Return on Asset (ROA) of 4.74 % which means that for every $100 of assets, it generated a profit of $4.74. This is typical in the industry. Likewise, it shows a return on total equity (ROE) of 6.69 %, which means that it produced $6.69 on every 100 dollars invested by current stockholders. Legg Mason's management efficiency ratios could be used to measure how well Legg Mason manages its routine affairs as well as how well it operates its assets and liabilities.
The company reports 2.57 B of total liabilities with total debt to equity ratio (D/E) of 0.57, which is normal for its line of buisiness. Legg Mason has a current ratio of 2.22, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Legg Mason until it has trouble settling it off, either with new capital or with free cash flow. So, Legg Mason'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 Legg Mason sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Legg to invest in growth at high rates of return. When we think about Legg Mason's use of debt, we should always consider it together with cash and equity.

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Legg Mason, Inc. is a publicly owned asset management holding company. As of July 31, 2020, Legg Mason, Inc. operates as a subsidiary of Franklin Resources, Inc. Legg Mason operates under Asset Management classification in the United States and is traded on NYQ Exchange. It employs 3059 people. Legg Mason (LM) is traded on New York Stock Exchange in USA and employs 3,059 people.

Management Performance

Legg Mason Leadership Team

Elected by the shareholders, the Legg Mason's board of directors comprises two types of representatives: Legg Mason inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Legg. The board's role is to monitor Legg Mason's management team and ensure that shareholders' interests are well served. Legg Mason'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, Legg Mason's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alan Magleby, IR Contact Officer
John Kenney, Global Head - Affiliate Strategic Initiatives
W Reed, Independent Director
Frances Cashman, Global Head - Communications and Engagement
Patricia Lattin, Chief Human Resource Officer
Joseph Sullivan, Chairman of the Board, President, Chief Executive Officer
Nelson Peltz, Independent Director
Kurt Schmoke, Independent Director
Terence Johnson, Executive Vice President, Head - Global Distribution
Robert Chiu, Director
Peter Nachtwey, Chief Financial Officer, Senior Executive Vice President
Alison Quirk, Independent Director
Edward Garden, Independent Director
Barry Huff, Independent Director
Thomas Hoops, Executive Vice President Head of Business and Product Development
WenYu Chiu, Independent Director
Thomas Merchant, Executive Vice President General Counsel, Corporate Secretary
Allen Reed, Independent Director
Ursula Schliessler, Executive Vice President, Chief Administrative Officer
Stephen Hooley, Director
Margaret Richardson, Independent Director
Tianqiao Chen, Vice Chairman of the Board
Michelle Goldberg, Independent Director
Cheryl Krongard, Independent Director
Carol Davidson, Independent Director
Roger Paradiso, Head - Alternative Distribution Strategies
Robert Angelica, Independent Director
John Murphy, Lead Independent Director
John Myers, Independent Director
Dennis Kass, Non-Executive Chairman of the Board

Legg 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 Legg Mason 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 Legg Mason 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, Legg Mason's short interest history, or implied volatility extrapolated from Legg Mason options trading.

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Other Consideration for investing in Legg Stock

If you are still planning to invest in Legg Mason 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 Legg Mason's history and understand the potential risks before investing.
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