Magna International Management
Management criteria checks 3/4
Magna International's CEO is Swamy Kotagiri, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is $16.96M, comprised of 1.9% salary and 98.1% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth CA$12.61M. The average tenure of the management team and the board of directors is 3.5 years and 4.6 years respectively.
Key information
Swamy Kotagiri
Chief executive officer
US$17.0m
Total compensation
| CEO salary percentage | 1.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Market Cool On Magna International Inc.'s (TSE:MG) Earnings
Apr 05
At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?
Mar 21Magna International (TSE:MG) Seems To Use Debt Quite Sensibly
Mar 06Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings
Feb 16Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?
Jan 23The Price Is Right For Magna International Inc. (TSE:MG)
Dec 19Is Magna International (TSE:MG) A Risky Investment?
Oct 27Is There Now An Opportunity In Magna International Inc. (TSE:MG)?
Sep 03If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity
Aug 15Is Magna International (TSE:MG) A Risky Investment?
Jul 15Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?
Jun 30When Should You Buy Magna International Inc. (TSE:MG)?
May 10Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate
Mar 28Is Magna International Inc. (TSE:MG) Potentially Undervalued?
Jan 29Does Magna International (TSE:MG) Have A Healthy Balance Sheet?
Jan 02Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 04What Is Magna International Inc.'s (TSE:MG) Share Price Doing?
Oct 21We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt
Sep 20At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Jul 21Is Magna International (TSE:MG) A Risky Investment?
Jun 21At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?
Apr 17Is Magna International (TSE:MG) Using Too Much Debt?
Mar 09Should You Investigate Magna International Inc. (TSE:MG) At CA$112?
Jan 17Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?
Jan 04Is Magna International (TSE:MG) Using Too Much Debt?
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$17m | US$325k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$932m |
| Mar 31 2023 | n/a | n/a | US$437m |
| Dec 31 2022 | US$28m | US$325k | US$592m |
| Sep 30 2022 | n/a | n/a | US$961m |
| Jun 30 2022 | n/a | n/a | US$683m |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$11m | US$325k | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$7m | US$325k | US$757m |
| Sep 30 2020 | n/a | n/a | US$459m |
| Jun 30 2020 | n/a | n/a | -US$179m |
| Mar 31 2020 | n/a | n/a | US$920m |
| Dec 31 2019 | US$4m | US$325k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$5m | US$325k | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$3m | US$325k | US$2b |
Compensation vs Market: Swamy's total compensation ($USD16.96M) is above average for companies of similar size in the Canadian market ($USD8.21M).
Compensation vs Earnings: Swamy's compensation has been consistent with company performance over the past year.
CEO
Swamy Kotagiri (54 yo)
3.3yrs
Tenure
US$16,958,000
Compensation
Mr. Seetarama Swamy Kotagiri, also known as Swamy, M.Sc. is Independent Director of Johnson Controls International plc from March 13, 2024. He serves as Chief Executive Officer and Director at Magna Intern...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | US$16.96m | 0.065% $ 12.6m | |
| Executive VP & CFO | 2.3yrs | US$3.82m | 0.0063% $ 1.2m | |
| Executive VP and Chief Sales & Marketing Officer | 4.3yrs | US$3.82m | 0.011% $ 2.2m | |
| President of MPT | 1.3yrs | US$3.82m | 0.0051% $ 991.4k | |
| President of Body & Exterior Systems and Seating | no data | US$4.99m | 0.011% $ 2.2m | |
| Executive VP and Chief Digital & Information Officer | 2yrs | no data | 0.0024% $ 464.7k | |
| Vice President of Investor Relations | 20.4yrs | no data | no data | |
| Executive VP & Chief Legal Officer | 3.8yrs | no data | 0.012% $ 2.3m | |
| Chief Compliance Officer | no data | no data | no data | |
| Vice President of Corporate Communications & PR | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 5.3yrs | no data | 0.00030% $ 58.1k | |
| Senior Vice President-Electronics | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Management: MG's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | US$16.96m | 0.065% $ 12.6m | |
| Independent Chairman of the Board | 5.9yrs | US$520.00k | no data | |
| Independent Director | 6.9yrs | US$307.00k | no data | |
| Independent Director | 2.3yrs | US$299.00k | no data | |
| Independent Director | 4.3yrs | US$316.00k | no data | |
| Independent Director | 9.9yrs | US$328.00k | no data | |
| Independent Director | 4.9yrs | US$291.00k | 0.00070% $ 135.5k | |
| Independent Director | 6.7yrs | US$291.00k | no data | |
| Independent Director | 11.9yrs | US$320.00k | 0% $ 0 | |
| Independent Director | 1.7yrs | US$295.00k | no data | |
| Independent Director | less than a year | US$194.00k | no data | |
| Independent Director | 2.9yrs | US$287.00k | 0.0011% $ 209.1k |
4.6yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MG's board of directors are considered experienced (4.6 years average tenure).