Farrukh Gassimov - Petkim Petrokimya Executive

PETKM Stock  TRY 20.72  0.24  1.15%   

Executive

Mr. Farrukh Gassimov has served as NonExecutive Member of the Board of Directors as Representative of SOCAR Turkey Enerji A.S. within Petkim Petrokimya Holding Anonim Sirketi since March 1, 2009. He also served as NonExecutive Member of the Board of Directors of the Company between May 30, 2008 and September 15, 2008. He was acting as Deputy Head of the Legal Department of the State Oil Company of Azerbaijan Republic since 2006. From 1985 to 1991, he served as a Lecturer and Associate Professor at the Baku Public Administration and Politics University. He later served as Counsel and then as Deputy Head of the Legislation and Legal Expertise Division of the Office of the President of the Republic of Azerbaijan in 1991. From 1992 until 1998, he acted as Head of Law Department of Baku Social Management and Political Science Institute, and from 1998 until 1999, as Senior Legal Adviser to PricewaterhouseCoopers Company in Azerbaijan. Mr. Gassimov worked as Senior Legal Adviser to KPMG Ltd Company in Azerbaijan in 1999, and served as an associate of the Berker Botts LLP law firm in Azerbaijan between 2001 and 2004. He was Senior Legal Adviser to HGSM law firm from 2004 until 2006 since 2009.
Age 58
Tenure 15 years
Professional MarksPh.D
Phone90 232 616 12 40
Webhttps://www.petkim.com.tr
Gassimov graduated from the Law Faculty of Azerbaycan Universiteti in 1981, and later received his Ph.D. degree from the USSR Academy of Science in 1984. He is Member of the Corporationrationrationrate Governance Committee of the Company .

Petkim Petrokimya Management Efficiency

The company has return on total asset (ROA) of 0.0902 % which means that it generated a profit of $0.0902 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4949 %, meaning that it generated $0.4949 on every $100 dollars invested by stockholders. Petkim Petrokimya's management efficiency ratios could be used to measure how well Petkim Petrokimya manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 8.96 B in total debt with debt to equity ratio (D/E) of 1.15, which is about average as compared to similar companies. Petkim Petrokimya Holding has a current ratio of 1.28, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Petkim Petrokimya until it has trouble settling it off, either with new capital or with free cash flow. So, Petkim Petrokimya'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 Petkim Petrokimya Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petkim to invest in growth at high rates of return. When we think about Petkim Petrokimya's use of debt, we should always consider it together with cash and equity.

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Petkim Petrokimya Holding Anonim Sirketi operates as a petrochemical company in Turkey. Petkim Petrokimya Holding A.S. operates as a subsidiary of Socar Turkey Petrokimya AS. PETKIM operates under Chemicals classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2373 people. Petkim Petrokimya Holding (PETKM) is traded on Istanbul Stock Exchange in Turkey and employs 2,327 people.

Management Performance

Petkim Petrokimya Holding Leadership Team

Elected by the shareholders, the Petkim Petrokimya's board of directors comprises two types of representatives: Petkim Petrokimya inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Petkim. The board's role is to monitor Petkim Petrokimya's management team and ensure that shareholders' interests are well served. Petkim Petrokimya'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, Petkim Petrokimya's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mehmet Bostan, Member of the Board
Mehmet Karakaya, Vice General Manager - Sales and Marketing
Riza Bozoklar, Vice General Manager - Financial Affairs
Kanan Mirzayev, Assistant General Manager of Strategy and Business Development
Ertugrul Altin, Board Member
David Mammadov, Vice Chairman of the Board
Farrukh Gassimov, Member of the Board - Representing SOCAR Turkey Enerji AS
Agshin Salimov, Assistant General Manager of Sales and Marketing
Levent Kocagul, Assistant General Manager of Human Resources
Mustafa Cagatay, Corporate Governance and IR Coordinator
Vagif Aliyev, Chairman of the Board
Murad Abdullayev, Assistant General Manager of Digitalization and Technology
Suleyman Gasimov, Member of the Board
Ali Sansal, Assistant General Manager of Operations
Muammer Turker, Member of the Board - Representing Privatization Board
Ali Aslan, Vice General Manager - Asset Management
Altay Ozgur, Vice General Manager - Human Resources
Ilkay Cetin, Investor Relations Manager
Nihat Grbz, GM Advisor
Ilhami Ozsahin, Independent Member of the Board
Khalig Mustafayev, Assistant General Manager of Business Support
Dincer Akbaba, Assistant General Manager of Projects and Maintenance
Mehmet Birpinar, Independent Member of the Board
Neslihan Tonbul, Member of the Board
Kenan Yavuz, Member of the Board
Anar Mammadov, General Manager
Mustafa agatay, Ma Relations
Sadettin Korkut, General Manager
Nihat Gurbuz, Vice General Manager - Operations
Mehmet Ceylan, Independent Member of the Board
Hulusi Kilic, Independent Member of the Board
Natig Damirov, Vice General Manager - Procurement
Tevfik Bilgin, Independent Member of the Board
Tolga Demirozu, Assistant General Manager of Supply Chain
Elchin Ibadov, Chief Officer
Osman Dincbas, Independent Non-Executive Member of the Board of Directors

Petkim 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 Petkim Petrokimya 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Petkim Petrokimya in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Petkim Petrokimya's short interest history, or implied volatility extrapolated from Petkim Petrokimya options trading.

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When running Petkim Petrokimya's price analysis, check to measure Petkim Petrokimya's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petkim Petrokimya is operating at the current time. Most of Petkim Petrokimya's value examination focuses on studying past and present price action to predict the probability of Petkim Petrokimya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petkim Petrokimya's price. Additionally, you may evaluate how the addition of Petkim Petrokimya to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Petkim Petrokimya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petkim Petrokimya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petkim Petrokimya's 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.