Magna in good shape, CEO says

Article Abstract:

Canada's auto parts company, Magna International Inc., will be able to withstand an industry downturn, but other parts suppliers might not be, according to CEO Don Walker. There might be a giant shakeout in the industry if the yearly number of vehicles manufactured in North America goes below 10% next year.

Market share, Financial analysis, Beliefs, opinions and attitudes, Walker, Don

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Newsmaker: despite life in spotlight, Magna CEO still a puzzle

Article Abstract:

The article profiles Belinda Stronach, the new CEO of Magna International Inc. and speculates as to how her past experiences will translate into her new position.

Appointments, resignations and dismissals, Stronach, Belinda

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Teachers to oppose Magna board

Article Abstract:

The Ontario Teachers Pension Plan Board, which is a leading pension fund in Canada, reported that it would oppose the appointment of a new board of directors at Magna International Inc. The pension fund has criticized Magna's decision to pay $33.2 million to its chairman, Frank Stronach.

Management dynamics, Personnel administration, Management, Compensation and benefits, Company business management, Automobile Industry, Stronach, Frank, Ontario Teachers Pension Plan Board

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