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Magna International Inc. (MG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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96.79-0.47 (-0.48%)
At close: 4:00PM EST

Magna International Inc.

337 Magna Drive
Aurora, ON L4G 7K1
Canada
905 726 2462
http://www.magna.com

Sector(s)Consumer Cyclical
IndustryAuto Parts
Full Time Employees157,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Seetarama Swamy KotagiriCEO & Director1.59MN/AN/A
Mr. Vincent Joseph Galifi B.Com., C.A.Exec. VP & CFO2.83MN/A1960
Mr. Tommy J. SkudutisExec. VP, COO and Pres of Body Exteriors, Structures & Seating Systems2.79MN/AN/A
Mr. Boris ShulkinSr. VP of Technology & Devel.N/AN/AN/A
Mr. Louis TonelliVP of Investor RelationsN/AN/AN/A
Mr. Bruce R. CluneyExec. VP & Chief Legal OfficerN/AN/A1965
Joanne N. HoribeChief Compliance OfficerN/AN/AN/A
Ms. Tracy FuerstVP of Corp. Communications & PRN/AN/AN/A
Mr. Eric Jon Wilds WildsExec. VP and Chief Sales & Marketing OfficerN/AN/AN/A
Mr. Aaron David McCarthyExec. VP & Chief HR OfficerN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers (OEMs) of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body systems, chassis systems, and ?engineering and testing; exterior systems, including ?fascia and trims, ?front end modules, liftgate and door modules, ?active aerodynamics, ?lightweight composites, sealing systems, ?engineered glass, and running board and roof racks; and roof systems, such as sliding folding and modular roofs, and retractable hard tops and soft tops. The Power & Vision segment offers dedicated hybrid, dual clutch, hybrid dual clutch, and manual transmissions; ?driveline systems; metal-forming solutions; engineering services; driver assistance systems; front, rear, and surround camera systems, as well as ultrasonic sensors, ICON RADAR, and LiDAR; electronic controllers; interior and exterior mirrors, actuators, door handles, and overhead consoles; latching systems, ?door modules, ?window systems, ?power closure systems, ?hinges and wire forming rods, and ?handle assemblies; and head, ?tail, and ?fog lamps, and ?other lighting products. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle manufacturing and engineering services. The company serves OEMs and automobile manufacturers. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Corporate Governance

Magna International Inc.’s ISS Governance QualityScore as of January 22, 2021 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 3; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.