Magna narrows search for president: Insiders tip GM's Mark Hogan to replace Stronach, bolster firm's profile in Detroit

Article Abstract:

Canadian auto parts giant Magna International Inc. narrows search for a new president to General Motors Corp. senior executive Mark Hogan where he would replace Belinda Stronach. Mr. Hogan's choice appears to be part of a strategy designed to increase Magna's profile in Detroit-based automakers that are relentlessly demanding price cuts from Magna and other suppliers.

Appointments, resignations and dismissals, Stronach, Belinda

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New Magna president casts company's sights toward Asia

Article Abstract:

Mark Hogan, president of the Magna International Inc., Canadian auto parts powerhouse in December 2004 is proceeding toward a new business with car manufacturers outside the Detroit due to wide scope of growth. He is interested toward Asia based automakers, both on that continent and in North America.

Forecasts, trends, outlooks, Management dynamics, Management, Company business management, Company business forecast/projection, Company forecasts

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Linamar rejigging board of directors' compensation

Article Abstract:

Linamar Corp., which is an auto parts manufacturing firm, has announced a major management shakeup. Linamar, which is seeking to create a board of directors that is more independent from the family-owned company, reported $57 million in profits in 2002.

Personnel administration, Compensation and benefits, Linamar Corp.

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