Magna International Management
Management criteria checks 3/4
Magna International's CEO is Swamy Kotagiri, appointed in Jan 2021, has a tenure of 3.92 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$11.35M. The average tenure of the management team and the board of directors is 3.4 years and 4.4 years respectively.
Key information
Swamy Kotagiri
Chief executive officer
US$17.0m
Total compensation
| CEO salary percentage | 1.9% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3.4yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Magna International Inc. (TSE:MG) Doing What It Can To Lift Shares
Dec 21
Should You Think About Buying Magna International Inc. (TSE:MG) Now?
Dec 03We Think Magna International (TSE:MG) Is Taking Some Risk With Its Debt
Oct 12A Piece Of The Puzzle Missing From Magna International Inc.'s (TSE:MG) Share Price
Sep 15Magna International Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 05At CA$57.34, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Jul 01Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?
Jun 10Market Cool On Magna International Inc.'s (TSE:MG) Earnings
Apr 05At 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 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$987m |
| Mar 31 2024 | n/a | n/a | US$1b |
| 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 ($USD7.76M).
Compensation vs Earnings: Swamy's compensation has been consistent with company performance over the past year.
CEO
Swamy Kotagiri (55 yo)
3.9yrs
Tenure
US$16,958,000
Compensation
Mr. Seetarama 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 Internationa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.9yrs | US$16.96m | 0.065% CA$ 11.4m | |
| Executive VP & CFO | 2.9yrs | US$3.82m | 0.0063% CA$ 1.1m | |
| Executive VP | less than a year | US$3.82m | 0.011% CA$ 2.0m | |
| President of MPT | 1.9yrs | US$3.82m | 0.0059% CA$ 1.0m | |
| President of Body & Exterior Systems and Seating | no data | US$4.99m | 0.012% CA$ 2.2m | |
| Executive VP and Chief Digital & Information Officer | 2.7yrs | no data | 0.0029% CA$ 504.0k | |
| Vice President of Investor Relations | 21.1yrs | no data | no data | |
| Executive VP & Chief Legal Officer | 4.4yrs | no data | 0.012% CA$ 2.1m | |
| 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 | 5.9yrs | no data | 0.00030% CA$ 52.3k | |
| Senior Vice President-Electronics | no data | no data | no data |
3.4yrs
Average Tenure
Experienced Management: MG's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.9yrs | US$16.96m | 0.065% CA$ 11.4m | |
| Independent Chairman of the Board | 6.6yrs | US$520.00k | no data | |
| Independent Director | 7.6yrs | US$307.00k | no data | |
| Independent Director | 2.9yrs | US$299.00k | no data | |
| Independent Director | 4.9yrs | US$316.00k | no data | |
| Independent Director | 10.6yrs | US$328.00k | no data | |
| Independent Director | 5.6yrs | US$291.00k | 0.00070% CA$ 122.1k | |
| Independent Director | 7.3yrs | US$291.00k | no data | |
| Independent Director | 2.3yrs | US$295.00k | no data | |
| Independent Director | 1.6yrs | US$194.00k | no data | |
| Independent Director | 1.6yrs | US$194.00k | no data | |
| Independent Director | 3.6yrs | US$287.00k | 0.0011% CA$ 188.3k |
4.4yrs
Average Tenure
64yo
Average Age
Experienced Board: MG's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Magna International Inc. is covered by 42 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| Dan Levy | Barclays |
| Tamy Chen | BMO Capital Markets Equity Research |