Magna International Inc. (MG.TO)

121.42 +2.09 (+1.75%) As of 2:19PM EDT. Market open.

Magna International Inc.

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

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full Time Employees: 158,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Seetarama Swamy Kotagiri	CEO, Pres & Director	1.88M	N/A	N/A
Mr. Vincent Joseph Galifi B.Com., C.A.	Exec. VP & CFO	2.12M	N/A	1960
Mr. Tommy J. Skudutis	Exec. VP & COO	2.08M	N/A	N/A
Mr. Guenther F. Apfalter	Pres of Magna Europe & Asia	1.54M	N/A	1963
Mr. Boris Shulkin	Exec. VP of Technology & Investments	N/A	N/A	N/A
Mr. Louis Tonelli	VP of Investor Relations	N/A	N/A	N/A
Mr. Bruce R. Cluney	Exec. VP & Chief Legal Officer	N/A	N/A	1965
Joanne N. Horibe	Chief Compliance Officer	N/A	N/A	N/A
Ms. Tracy Fuerst	VP of Corp. Communications & PR	N/A	N/A	N/A
Mr. Eric Jon Wilds	Exec. VP and Chief Sales & Marketing Officer	N/A	N/A	N/A

Amounts are as of December 31, 2020 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 of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Corporate Governance

Magna International Inc.’s ISS Governance QualityScore as of April 1, 2021 is 4. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 4; Compensation: 7.

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.