Carl Rickertsen - Noranda Aluminum Independent Director

Director

Mr. Carl J. Rickertsen is Independent Director of Noranda Aluminum Holding Corporationrationration, since April 2012. He was a director since April 2012. He has been, since February 2005, a Managing Partner of Pine Creek Partners, a private equity fund targeting small manufacturing, distribution and service industry businesses. From September 1994 to October 2004, he was Chief Operating Officer and Partner of Thayer Capital Partners, a private equity firm. Mr. Rickertsen was a founding partner of three Thayer Capital funds totaling over 1.4 billion. From March 1989 to February 1993, Mr. Rickertsen was a general partner of Hancock Park Associates, an investment firm. Earlier in his career, Mr. Rickertsen was employed by Brentwood Associates and Morgan Stanley Co. Incorporated. He is a director of Berry Plastics Group, Inc., MicroStrategy Incorporated, Apollo Senior Floating Rate Fund, Inc. and Apollo Tactical Income Fund, and previously served on the board of directors of Convera Corporationrationration, UAP Holding Corporationration and Homeland Security Capital Corporationration since 2012.
Age 58
Tenure 12 years
Phone615-771-5700
Webhttp://www.norandaaluminum.com

Noranda Aluminum Management Efficiency

The company has return on total asset (ROA) of (0.0586) % which means that it has lost $0.0586 on every $100 spent on assets. This is way below average. Noranda Aluminum's management efficiency ratios could be used to measure how well Noranda Aluminum manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 742.3 M in total debt with debt to equity ratio (D/E) of 10.11, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Noranda Aluminum Holding has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Noranda Aluminum until it has trouble settling it off, either with new capital or with free cash flow. So, Noranda Aluminum'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 Noranda Aluminum Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Noranda to invest in growth at high rates of return. When we think about Noranda Aluminum's use of debt, we should always consider it together with cash and equity.

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Noranda Aluminum Holding Corporation produces and sells primary aluminum, alumina, bauxite, and rolled aluminum coils in the United States. The company was founded in 2007 and is headquartered in Franklin, Tennessee. NORANDA ALUM operates under Aluminum classification in the United States and is traded on PNK Exchange. It employs 2200 people. Noranda Aluminum Holding [NORNQ] is a Pink Sheet which is traded between brokers as part of OTC trading. Noranda Aluminum is listed under Steel Works Etc category by Fama And French industry classification.

Management Performance

Noranda Aluminum Holding Leadership Team

Elected by the shareholders, the Noranda Aluminum's board of directors comprises two types of representatives: Noranda Aluminum inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Noranda. The board's role is to monitor Noranda Aluminum's management team and ensure that shareholders' interests are well served. Noranda Aluminum'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, Noranda Aluminum's outside directors are responsible for providing unbiased perspectives on the board's policies.
Layle Smith, President CEO, Director
Gail Lehman, Chief Administrative Officer, General Counsel, Corporate Secretary
Carl Rickertsen, Independent Director
William Brooks, Independent Chairman of the Board
Richard Evans, Independent Director
John Parker, Vice President - Communication & Investor Relations
Thomas Miklich, Independent Director
Scott Croft, President - Primary & Value Added Business of Norandal USA, Inc.
Ronald Rolfe, Independent Director
Dale Boyles, CFO
Elliot Sagor, Independent Director
Alan Schumacher, Independent Director
Pasquale Fiore, Director

Noranda Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Noranda Aluminum 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.

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Other Consideration for investing in Noranda Pink Sheet

If you are still planning to invest in Noranda Aluminum Holding 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 Noranda Aluminum's history and understand the potential risks before investing.
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