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Magna International Inc. (MGA)

47.49 -0.45 (-0.94%)
At close: May 17 at 4:00 PM EDT
47.60 +0.11 (+0.23%)
After hours: May 17 at 4:56 PM EDT

Key Executives

Amounts are as of December 31, 2023 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.
NameTitlePayExercisedYear Born
Mr. Seetarama Swamy Kotagiri M.Sc. CEO & Director 5.96M -- 1969
Mr. Patrick W. D. McCann Executive VP & CFO 2.22M -- --
Mr. Eric Jon Wilds Executive VP and Chief Sales & Marketing Officer 2.22M -- --
Mr. Tom J. Rucker President of MPT, MML, Electronics & Complete Vehicles 2.22M -- --
Mr. John H. Farrell President of Body & Exterior Systems and Seating 3.19M -- --
Mr. Boris Shulkin Executive VP and Chief Digital & Information Officer -- -- --
Mr. Louis Tonelli Vice President of Investor Relations -- -- --
Mr. Bruce R. Cluney Executive VP & Chief Legal Officer -- -- 1965
Joanne N. Horibe Chief Compliance Officer -- -- --
Ms. Tracy Fuerst Vice President of Corporate Communications & PR -- -- --

Magna International Inc.

337 Magna Drive
Aurora, ON L4G 7K1
Canada
905-726-2462 https://www.magna.com
Industry: 
Auto Parts
Full Time Employees: 
168,000

Description

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products. The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Corporate Governance

Magna International Inc.’s ISS Governance QualityScore as of May 1, 2024 is 6. The pillar scores are Audit: 6; Board: 5; Shareholder Rights: 3; Compensation: 8.
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.

Upcoming Events

May 31, 2024 at 12:00 AM UTC

Dividend Date

August 2, 2024 at 12:30 PM UTC - August 6, 2024 at 12:30 PM UTC

Magna International Inc. Earnings Date

Recent Events

May 16, 2024 at 12:00 AM UTC

Ex-Dividend Date

May 10, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

May 6, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

May 3, 2024 at 12:00 PM UTC

Q1 2024 Earnings Call

May 3, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

March 28, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

March 26, 2024 at 6:10 PM UTC

at Bank of America Automotive Summit

March 14, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

March 11, 2024 at 12:00 AM UTC

6-K: Corporate Changes & Voting Matters

March 7, 2024 at 12:00 AM UTC

SUPPL: Voluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuers

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