Laurie Tugman - Newalta Independent Director

Director

Mr. Laurie A. Tugman was appointed as an Independent Director of Newalta Corporationration Mr. Tugman is the former President and Chief Executive Officer of Marsulex Inc. and has substantial experience on boards as a director and chair. Marsulex was a publicly traded company providing industrial services, environmental compliance solutions for air quality control and industrial hazardous waste streams, and a producer and marketer of sulphurbased industrial and water treatment chemicals. In 2011, Mr. Tugman organized and executed the exit strategy for Marsulex including a multistage sale of strategic assets. He is currently the Chair of Nexterra Systems Corporationration, a Director of Pinova Holdings Inc. and has over 30 years of experience in financial and operational management in the environmental compliance, industrial waste management, chemical and oil and gas industries. Mr. Tugman has completed the academic requirements for the Director Education Program for the Institute of Corporationrationrate Directors and was granted the designation of ICD.D. since 2013.
Age 61
Tenure 11 years
Phone403-806-7000
Webhttp://www.newalta.com
Tugman is the former President and Chief Executive Officer of Marsulex Inc. and has substantial experience on boards as a director and chair. Marsulex was a publicly traded company providing industrial services, environmental compliance solutions for air quality control and industrial hazardous waste streams, and a producer and marketer of sulphurbased industrial and water treatment chemicals. In 2011, Mr. Tugman organized and executed the exit strategy for Marsulex including a multistage sale of strategic assets. He is currently the Chair of Nexterra Systems Corporationrationration, a Director of Pinova Holdings Inc. and has over 30 years of experience in financial and operational management in the environmental compliance, industrial waste management and oil and gas industries.

Newalta Management Efficiency

The company has return on total asset (ROA) of (1.78) % which means that it has lost $1.78 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (23.35) %, meaning that it generated substantial loss on money invested by shareholders. Newalta's management efficiency ratios could be used to measure how well Newalta manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 268.26 M in total debt with debt to equity ratio (D/E) of 217.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Newalta has a current ratio of 0.86, 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 Newalta until it has trouble settling it off, either with new capital or with free cash flow. So, Newalta'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 Newalta sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newalta to invest in growth at high rates of return. When we think about Newalta's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

David SchwabThe Wendys Co
82
Francisco GarciaMeli Hotels International
N/A
Sebastian JaumeMeli Hotels International
N/A
Patrick RoseDine Brands Global
73
Israel BaronIturan Location and
57
Howard BerkDine Brands Global
56
Kenneth GilbertThe Wendys Co
67
Lilian TomovichDine Brands Global
53
Caroline NahasDine Brands Global
72
Larry KayDine Brands Global
73
Kelsey FreedThe Wendys Co
N/A
Orna OphirIturan Location and
60
Randolph LewisThe Wendys Co
64
Dennis KassThe Wendys Co
67
Cheng WangKandi Technologies Group
51
Alfredo BodmerMeli Hotels International
N/A
Avner KurzIturan Location and
57
Fernando SilvaMeli Hotels International
N/A
Zeev KorenIturan Location and
65
William JohnsonBiglari Holdings
71
Amos KurzIturan Location and
54
Newalta Corporation provides engineered environmental solutions to the oil and gas industry in North America. Newalta Corporation was founded in 1993 and is based in Calgary, Canada. Newalta operates under Waste Management classification in USA and traded on OTC Market. It employs 679 people. Newalta [NWLTF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Newalta Leadership Team

Elected by the shareholders, the Newalta's board of directors comprises two types of representatives: Newalta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newalta. The board's role is to monitor Newalta's management team and ensure that shareholders' interests are well served. Newalta'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, Newalta's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alan Cadotte, CEO and President and Non Independent Director
Linda Dietsche, Vice President - Finance
Mike Nerbas, Vice President U.S
Bryne Gramlich, Vice President - Heavy Oil
Michael Borys, CFO and Executive VP
Paul Kleinen, Senior Vice President - Engineering and Technical Solutions
Troy McElgunn, Sr. VP of Operations
Richard Pinder, Independent Director
Susan Rose, Independent Director
Michael Starzer, Independent Director
Gordon Pridham, Independent Director
Anne Plasterer, Executive Director, Investor Relations
Robert MacDonald, Independent Director
Robert Gemmell, Independent Director
Colin Merrick, Vice President - Corporate Services
Laurie Tugman, Independent Director
Chris Barnes, Vice President - Corporate Development
Peter Dugandzic, Executive VP of Corporate Services
John Barkhouse, CEO and President and Director
Harvey Doerr, Independent Director
Thomas Ryley, Independent Director
Took Whiteley, Sr. VP of Corporate Devel. and General Counsel
Raymond Milligan, Independent Director
Douglas Pecharsky, Sr. VP of Operations

Newalta 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 Newalta 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.

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 Correlation 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 estimate.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in Newalta Pink Sheet

If you are still planning to invest in Newalta 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 Newalta's history and understand the potential risks before investing.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Share Portfolio
Track or share privately all of your investments from the convenience of any device