William Gerber - AK Steel Independent Director

Director

Mr. William K. Gerber, CPA., is an Independent Director of AK Steel Holding Corporationration Prior Significant Positions Held Served as Executive Vice President and Chief Financial Officer of Kelly Services, Inc. from 1998 to 2007 served as Vice PresidentFinance from 1993 to 1998 and Vice PresidentCorporationrate Controller from 1987 to 1993 of L Brands Inc. . Education BS in Economics degree from the Wharton School at the University of Pennsylvania MBA from the Harvard Graduate School of Business Administration since 2007.
Age 64
Tenure 17 years
Professional MarksCPA
Phone513 425-5220
Webwww.aksteel.com
Gerber currently is Managing Director of Cabrillo Point Capital LLC, a private investment fund. Prior to that, he was Executive Vice President and Chief Financial Officer of Kelly Services, Inc., a global staffing solutions company. Prior to joining Kelly Services, Mr. Gerber held senior management positions in corporate finance for The Limited, Inc. By virtue of these and other positions, Mr. Gerber is one of the Board’s “audit committee financial experts.” He thus contributes a broad and keen understanding of complex financial and accounting matters to the Board and its Audit Committee, which he chairs. The Board also benefits from Mr. Gerber’s membership on the audit committee of Wolverine World Wide, Inc., as he is able to share best practices and ideas learned and developed during his service on that committee.

AK Steel Management Efficiency

AK Steel's management efficiency ratios could be used to measure how well AK Steel manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.24 B in debt with debt to equity (D/E) ratio of 488.8, demonstrating that the company may be unable to create cash to meet all of its financial commitments. AK Steel Holding has a current ratio of 2.02, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist AK Steel until it has trouble settling it off, either with new capital or with free cash flow. So, AK Steel'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 AK Steel Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AKS to invest in growth at high rates of return. When we think about AK Steel's use of debt, we should always consider it together with cash and equity.

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AK Steel Holding Corporation, through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, and stainless and electrical steel products in the United States and internationally. AK Steel Holding Corporation was founded in 1993 and is headquartered in West Chester, Ohio. AK Steel operates under Steel classification in USA and is traded on New York Stock Exchange. It employs 9300 people. AK Steel Holding (AKS) is traded on New York Stock Exchange in USA and employs 9,300 people.

Management Performance

AK Steel Holding Leadership Team

Elected by the shareholders, the AK Steel's board of directors comprises two types of representatives: AK Steel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AKS. The board's role is to monitor AK Steel's management team and ensure that shareholders' interests are well served. AK Steel'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, AK Steel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Bishop, Vice President - Carbon Steel Operations
Robert Jenkins, Lead Independent Director
Jaime Vasquez, Chief Financial Officer, Vice President - Finance
Richard Abdoo, Independent Director
Sheri Edison, Independent Director
Gregory Hoffbauer, Chief Accounting Officer, Vice President, Controller
James Wainscott, Chairman, CEO and President and Member of Proxy Committee
Eric Petersen, Vice President - Sales and Customer Service
Douglas Mitterholzer, General Manager of Investor Relations and Assistant Treasurer
William Gerber, Independent Director
Kirk Reich, President, Chief Operating Officer
Stephanie Bisselberg, Vice President - Human Resources
Dennis Cuneo, Independent Director
James Thomson, Independent Director
Michael Kercsmar, Vice President - Specialty Steel Operations
Arlene Yocum, Independent Director
Renee Filiatraut, Vice President - Litigation, Labor and External Affairs
David Westcott, Vice President Treasurer
Gregory Kenny, Independent Director
Scott Lauschke, Vice President - Sales and Customer Service
Dwayne Wilson, Independent Director
Roger Newport, Chief Executive Officer, Director
Joseph Alter, Chief Compliance Officer, Vice President General Counsel
Christopher Ross, Vice President, Treasurer and Interim Chief Financial Officer
Maurice Reed, Vice President - Strategic Planning and Business Development
Vicente Wright, Independent Director
Mark Essig, Independent Director
Ralph Michael, Independent Director
John Brinzo, Independent Director

AKS 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 AK Steel 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.

Pair Trading with AK Steel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AK Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AK Steel will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities 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 industry.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in AKS Stock

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