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Magna International Inc. (MGA)


NYSE - NYSE Delayed Price. Currency in USD
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44.74-0.06 (-0.13%)
At close: 4:04PM EDT
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Magna International Inc.

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

SectorServices
IndustryAuto Parts Wholesale
Full Time Employees159,000

Key Executives

NameTitlePayExercisedAge
Mr. Donald James WalkerChief Exec. Officer and Director11.35MN/A60
Mr. Vincent Joseph Galifi B.Com., C.A.Chief Financial Officer and Exec. VP4.73MN/A57
Mr. Jeffrey Owen PalmerChief Legal Officer and Exec. VP2.94MN/AN/A
Mr. James J. Tobin Sr.Chief Marketing Officer and Pres of Magna Asia1.92MN/AN/A
Mr. Tommy J. SkudutisChief Operating Officer of Exteriors, Seating, Mirrors, Closures & Cosma4.72MN/AN/A
Amounts are as of December 31, 2016 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 USD.

Description

Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards. It also provides interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings; complete seating systems, mechanism solutions, seat structure solutions, foam and trim products, and design and development solutions; and fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites. In addition, the company offers driveline systems, fluid pressure and controls, metal-forming solutions; and body systems, chassis systems, and renewable energy systems. It serves original equipment manufacturers, tier 1, medium and heavy truck, and non-automotive customers. The company was founded in 1957 and is headquartered in Aurora, Canada.

Corporate Governance

Magna International Inc.’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 5.

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.