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$12.84M. 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 percentage1.9%
CEO tenure3.3yrs
CEO ownership0.07%
Management average tenure3.5yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Market Cool On Magna International Inc.'s (TSE:MG) Earnings

Apr 05
Market Cool On Magna International Inc.'s (TSE:MG) Earnings

At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Mar 21
At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Mar 06
Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Feb 16
Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

Jan 23
Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

The Price Is Right For Magna International Inc. (TSE:MG)

Dec 19
The Price Is Right For Magna International Inc. (TSE:MG)

Is Magna International (TSE:MG) A Risky Investment?

Oct 27
Is Magna International (TSE:MG) A Risky Investment?

Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

Sep 03
Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Aug 15
If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Is Magna International (TSE:MG) A Risky Investment?

Jul 15
Is Magna International (TSE:MG) A Risky Investment?

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

Jun 30
Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

When Should You Buy Magna International Inc. (TSE:MG)?

May 10
When Should You Buy Magna International Inc. (TSE:MG)?

Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Mar 28
Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Jan 29
Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Jan 02
Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Dec 04
Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

Oct 21
What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

Sep 20
We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Jul 21
At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Is Magna International (TSE:MG) A Risky Investment?

Jun 21
Is Magna International (TSE:MG) A Risky Investment?

At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Apr 17
At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Is Magna International (TSE:MG) Using Too Much Debt?

Mar 09
Is Magna International (TSE:MG) Using Too Much Debt?

Should You Investigate Magna International Inc. (TSE:MG) At CA$112?

Jan 17
Should You Investigate Magna International Inc. (TSE:MG) At CA$112?

Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?

Jan 04
Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?

Is Magna International (TSE:MG) Using Too Much Debt?

Dec 09
Is Magna International (TSE:MG) Using Too Much Debt?

CEO Compensation Analysis

How has Swamy Kotagiri's remuneration changed compared to Magna International's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$17mUS$325k

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$932m

Mar 31 2023n/an/a

US$437m

Dec 31 2022US$28mUS$325k

US$592m

Sep 30 2022n/an/a

US$961m

Jun 30 2022n/an/a

US$683m

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$11mUS$325k

US$2b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$2b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$7mUS$325k

US$757m

Sep 30 2020n/an/a

US$459m

Jun 30 2020n/an/a

-US$179m

Mar 31 2020n/an/a

US$920m

Dec 31 2019US$4mUS$325k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$3b

Mar 31 2019n/an/a

US$3b

Dec 31 2018US$5mUS$325k

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$3mUS$325k

US$2b

Compensation vs Market: Swamy's total compensation ($USD16.96M) is above average for companies of similar size in the Canadian market ($USD8.13M).

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

NamePositionTenureCompensationOwnership
Seetarama Kotagiri
CEO & Director3.3yrsUS$16.96m0.065%
$ 12.8m
Patrick W. McCann
Executive VP & CFO2.3yrsUS$3.82m0.0063%
$ 1.2m
Eric Wilds
Executive VP and Chief Sales & Marketing Officer4.3yrsUS$3.82m0.011%
$ 2.2m
Tom Rucker
President of MPT1.3yrsUS$3.82m0.0051%
$ 1.0m
John Farrell
President of Body & Exterior Systems and Seatingno dataUS$4.99m0.011%
$ 2.2m
Boris Shulkin
Executive VP and Chief Digital & Information Officer2yrsno data0.0024%
$ 473.5k
Louis Tonelli
Vice President of Investor Relations20.4yrsno datano data
Bruce Cluney
Executive VP & Chief Legal Officer3.8yrsno data0.012%
$ 2.3m
Joanne Horibe
Chief Compliance Officerno datano datano data
Tracy Fuerst
Vice President of Corporate Communications & PRno datano datano data
Aaron McCarthy
Executive VP & Chief Human Resources Officer5.3yrsno data0.00030%
$ 59.2k
Sharath Reddy
Senior Vice President-Electronicsno datano datano data

3.5yrs

Average Tenure

Experienced Management: MG's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Seetarama Kotagiri
CEO & Director3.3yrsUS$16.96m0.065%
$ 12.8m
Robert MacLellan
Independent Chairman of the Board5.9yrsUS$520.00kno data
William Ruh
Independent Director6.9yrsUS$307.00kno data
Thomas Weber
Independent Director2.3yrsUS$299.00kno data
Vernon Harder
Independent Director4.3yrsUS$316.00kno data
Indira Samarasekera
Independent Director9.9yrsUS$328.00kno data
Lisa Westlake
Independent Director4.9yrsUS$291.00k0.00070%
$ 138.1k
Mary Shio Chan
Independent Director6.7yrsUS$291.00kno data
Peter Bowie
Independent Director11.9yrsUS$320.00k0%
$ 0
Jan Hauser
Independent Director1.7yrsUS$295.00kno data
Jay Kunkel
Independent Directorless than a yearUS$194.00kno data
Mary Lou Maher
Independent Director2.9yrsUS$287.00k0.0011%
$ 213.1k

4.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: MG's board of directors are considered experienced (4.6 years average tenure).


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