Christopher Simon - Haemonetics President, Chief Executive Officer, Director

HAE Stock  USD 85.55  0.12  0.14%   

CEO

Mr. Christopher Simon is President, Chief Executive Officer, Director of the Company. He joined Haemonetics in May 2016. Mr. Simon previously served as a Senior Partner of McKinsey Company where he led the Global Medical Products Practice since 2016.
Age 60
Tenure 8 years
Address 125 Summer Street, Boston, MA, United States, 02110
Phone781 848 7100
Webhttps://www.haemonetics.com
Simon was a consultant with McKinsey & Company beginning in 1993 and was the Lead Partner for McKinsey & Company’s strategy review with Haemonetics that launched in October, 2015, where he gained invaluable insights into the Company business and markets. Together with management and the Board of Directors, he was the coarchitect of the strategic plan that the Company is now implementing. Prior to his career at McKinsey, Mr. Simon served in commercial roles with Baxter Healthcare Corporationrationrationration.

Haemonetics Management Efficiency

The company has Return on Asset of 0.0588 % which means that on every $100 spent on assets, it made $0.0588 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1397 %, implying that it generated $0.1397 on every 100 dollars invested. Haemonetics' management efficiency ratios could be used to measure how well Haemonetics manages its routine affairs as well as how well it operates its assets and liabilities. As of November 24, 2024, Return On Tangible Assets is expected to decline to 0.05. In addition to that, Return On Capital Employed is expected to decline to 0.07. At present, Haemonetics' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 99.5 M, whereas Total Current Assets are forecasted to decline to about 437.2 M.
Haemonetics has 807.79 M in debt with debt to equity (D/E) ratio of 1.12, which is OK given its current industry classification. Haemonetics has a current ratio of 2.68, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Haemonetics to invest in growth at high rates of return.

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Haemonetics Corporation, a healthcare company, provides medical products and solutions. Haemonetics Corporation was founded in 1971 and is headquartered in Boston, Massachusetts. Haemonetics Corp operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. It employs 2821 people. Haemonetics (HAE) is traded on New York Stock Exchange in USA. It is located in 125 Summer Street, Boston, MA, United States, 02110 and employs 3,657 people. Haemonetics is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Haemonetics Leadership Team

Elected by the shareholders, the Haemonetics' board of directors comprises two types of representatives: Haemonetics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Haemonetics. The board's role is to monitor Haemonetics' management team and ensure that shareholders' interests are well served. Haemonetics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Haemonetics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Stewart Strong, President Hospital
Rajeev Varma, Senior Development
William Burke, Chief Financial Officer, Executive Vice President
Olga Guyette, Director Relations
Carla Burigatto, VP Communications
Laurie Miller, Senior Officer
Ronald Gelbman, Interim CEO, Lead Director, Chairman of Governance and Compliance Committee and Member of Audit Committee
Robert Abernathy, Independent Director
Ellen Zane, Non-Executive Independent Chairman of the Board
Claire Pomeroy, Independent Director
Michelle Basil, Executive Vice President General Counsel
Christopher Simon, President, Chief Executive Officer, Director
Catherine Burzik, Independent Director
Mark Kroll, Independent Director
Michelle JD, General VP
James Darecca, Executive Vice President, Chief Financial Officer
James CPA, Executive CFO
Jacqueline Scanlan, Senior Vice President - Human Resources
Josep Llorens, Senior Vice President - Global Manufacturing and Supply Chain
Farris Maunsell, Chief VP
Jan MD, Senior Officer
Richard Meelia, Non-Executive Independent Chairman of the Board
Anila Lingamneni, Executive Vice President, Chief Technology Officer
Francis Tan, Sr Planning
Charles Dockendorff, Independent Director
Lloyd Johnson, Director
Kerri DiPietro, Senior Assurance
Michael Coyle, Independent Director

Haemonetics 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 Haemonetics 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Haemonetics is a strong investment it is important to analyze Haemonetics' 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 Haemonetics' future performance. For an informed investment choice regarding Haemonetics Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haemonetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Haemonetics Stock refer to our How to Trade Haemonetics Stock guide.
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Is Health Care Equipment & Supplies space 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 Haemonetics. If investors know Haemonetics 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 Haemonetics 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
0.375
Earnings Share
2.41
Revenue Per Share
26.77
Quarterly Revenue Growth
0.086
Return On Assets
0.0588
The market value of Haemonetics is measured differently than its book value, which is the value of Haemonetics that is recorded on the company's balance sheet. Investors also form their own opinion of Haemonetics' value that differs from its market value or its book value, called intrinsic value, which is Haemonetics' 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 Haemonetics' market value can be influenced by many factors that don't directly affect Haemonetics' 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 Haemonetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Haemonetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haemonetics' 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.