MGA - Magna International Inc.

NYSE - NYSE Delayed Price. Currency in USD

Magna International Inc.

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

SectorConsumer Cyclical
IndustryAuto Parts
Full Time Employees166,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Donald James Walker P.Eng.CEO & Director8.17MN/A1957
Mr. Vincent Joseph Galifi B.Com., C.A.Exec. VP & CFO4.03MN/A1960
Mr. Tommy J. SkudutisExec. VP, COO and Pres of Body Exteriors, Structures & Seating Systems4.76MN/AN/A
Mr. Seetarama Swamy KotagiriExec. VP, CTO and Pres of Magna Power & Vision2.42MN/AN/A
Mr. James J. Tobin Sr.Chief Marketing Officer & Pres of Magna Asia1.54MN/AN/A
Amounts are as of December 31, 2018 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 Pacific, and internationally. The Body Exteriors & Structures segment provides body structures; chassis structures, such as frame and structural assemblies, chassis subframes, and suspension systems; exterior systems and modules, including hoods, roofs, door panels, front end modules, liftgate modules, polycarbonate roof panels, liftgate sensor integration systems, and fascia; trim and automotive jewelry comprises engineered glass, trim and roof racks, and running boards; non-visible and visible active grille shutters, active air deflectors, and underbody panels; and fuel systems, pipes and components, and alternative energy storage systems. Its Power & Vision segment offers manual, hybrid, and dual-clutch transmissions systems; mild hybrid solutions; high voltage edrives and electrified components; chassis, glow plug control, powertrain control, and mechatronic control modules; four-wheel drive, all-wheel drive, and disconnect systems; thermal management and lubrication systems; transmission clutch/carrier components, precision stampings and shafts, and automated driving systems; latching systems, door modules, power closures, hinges and wireforming, and handles; interior and exterior mirrors, and actuators; and front and rear lighting, tail lamps, and other lighting products. The Seating Systems segment provides recliners, manual and power adjusters, and seat structures. Its Complete Vehicles segment offers modular solutions for system and parts, as well as complete vehicle manufacturing services. The company serves original equipment manufacturer and non-automotive customers, as well as tier 1 companies, and medium and heavy truck manufacturers. Magna International Inc. was founded in 1957 and is based in Aurora, Canada.

Corporate Governance

Magna International Inc.’s ISS Governance QualityScore as of October 4, 2019 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 3; 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.