HERBERT DEMEL
Executive vice-president and president of auto parts company Magna International's China, India, South East Asia, South America and Africa divisions.
Demel also served as CEO of Italian automaker Fiat from November, 2003 to June 2005. When he took over Fiat, it was suffering from debt, poor organization and a poor business model. He restructured its management to begin addressing these problems.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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Introduction to Ethical Investing
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