Key Management Positions - What Competencies to Look for in Your Stock's Management
When you start with the management assessment process while you are analysing a stock for a possible investment,
one of the key requirements is that the company should have an outstanding management team. As an investor
- especially in the energy and mining sectors - you should be looking for an experienced management
team that has been successful in the past.
I have qualified the following positions as key management positions:
Board of Directors
Chairman of the Board
The chairman, also known as the chairperson or simply the
chair, is the highest officer of the board. The person holding the office
is typically elected or appointed by the members of the group. The chairman presides over
meetings of the assembled group and conducts its business in an orderly fashion. When the
group is not in session, the chair's duties often include acting as its head, its representative to
the outside world and its spokesperson.
A vice-chairman (or deputy chairman), subordinate to the chairman, is
sometimes chosen to assist the chairman and to serve as chairman in the absence of the chairman, or
when a motion involving the chairman is being discussed.
The corporate President is the leader of a company and is legally recognized as the
highest "titled" corporate officer, ranking above the various Vice Presidents. However that post on
its own is generally considered subordinate to the CEO.
Chief Executive Officer (CEO)
A CEO is generally the most senior corporate officer (executive) in charge of
managing an organization. An individual appointed as a CEO typically reports to the board of
directors. The CEO advises the board of directors, motivates employees, drives change within
the organization, and presides over the organization's day-to-day operations.
Chief Financial Officer (CFO)
The CFO or chief financial and operating officer (CFOO) is a
corporate officer primarily responsible for managing the financial risks of the corporation. The
CFO reports directly to the CEO and to the board of directors and assists the Chief
Operating Officer (COO) on all strategic and tactical matters as they relate to budget management,
cost benefit analysis, forecasting needs and the securing of new funding.
Chief Operating Officer (COO)2
The COO (or Chief Operations Officer or Director of
Operations) is responsible for the daily operation of the company, and routinely reports
to the CEO. The COO may also carry the title of President which makes that person the second in
command at the firm, especially if the highest ranking executive is the Chairman and CEO.
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How I Conduct My Stock's Due Diligence Investigation Process.If
you want to know what I learned while I was conducting my due diligence, I recommend you to read
all the chapters of the investigation process.
Are These the Best Stocks to Buy Today.In my stock watchlist you
find stocks who offer great potential, but at the time I analysed these stocks they didn't comply
with all my guidelines from my due diligence chapters.
Are These the Best Shares to Buy Now.As the year 2015 has just started, I
believe it's about time that I share my stock portfolio with you. Therefore, you will find my
updated stock portfolio on this page.
Jeroen Snoeks is the founder of UndervaluedEquity.com, a website for
investors passionate about investing in undervalued stocks. ThroughUndervaluedEquity.com, he shares his
experience and knowledge and will soon reveal his personal stock portfolio.