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Will a New CFO Shift Magna International’s Focus on Operational Discipline and Growth Strategy (TSX:MG)?
Magna International recently appointed Philip D. Fracassa as Executive Vice-President and Chief Financial Officer, following the retirement of long-serving CFO Patrick McCann, who will remain as an advisor until February 2026.
Fracassa’s background as CFO at The Timken Company brings additional expertise in financial management that could influence Magna’s ongoing operational discipline and growth strategy.
We'll look at how the new CFO appointment may shape Magna International's investment...