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Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

William Young

63 2012 Independent Chairman of the Board

Donald Walker

61 2010 Chief Executive Officer, Director

Vincent Galifi

57 1997 Chief Financial Officer, Executive Vice President

Guenther Apfalter

2011 President - Magna Europe

Marc Neeb

2014 Chief Human Resource Officer, Executive Vice President

Seetarama Kotagiri

2017 Executive Vice President, Chief Technology Officer, President, Magna Powertrain

Francis Seguin

2016 Executive Vice President - Corporate Projects and Strategy Development

James Tobin

2012 Chief Marketing Officer, President, Magna Asia

Tommy Skudutis

2013 Chief Operating Officer - Exteriors, Seating, Mirrors, Closures and Cosma

Scott Bonham

56 2012 Non-Independent Non-Executive Director

Peter Bowie

71 2012 Independent Director

Mary Chan

55 2017 Independent Director

Kurt Lauk

71 2011 Independent Director

Cynthia Niekamp

58 2014 Independent Director

William Ruh

56 2017 Independent Director

Indira Samarasekera

65 2014 Independent Director

Lawrence Worrall

74 2005 Independent Director

Biographies

Name Description

William Young

Mr. William L. Young is Independent Chairman of the Board of Magna International Inc., since 2012. He is a co-founder and partner of Monitor Clipper Partners, a private equity firm which he and other partners co-founded in 1998. Through his role at Monitor Clipper Partners, together with roles as Founding Partner of Westbourne Management Group (since 1988) and a partner in the European practice of Bain & Company (1981-1988), Mr. Young possesses operational experience, as well as mergers and acquisitions experience. He is Chair Emeritus of the Board of Trustees of Queen’s University (Kingston, Ontario) (which he chaired from 2006 to 2012) and has private company board and board leadership experience over the last 20 years, including a number of European and U.S.-based companies. Mr. Young has a B.Sc in chemical engineering (Queen’s) and an MBA (Harvard).

Donald Walker

Mr. Donald J. (Don) Walker is Chief Executive Officer, Director of Magna International Inc. He serves as the Chief Executive Officer of Magna, where he previously served as Co-Chief Executive Officer (2005-2010) and President and Chief Executive Officer (1994-2001). He was formerly the President, Chief Executive Officer and Chairman of Intier Automotive Inc., one of Magna’s former ‘‘spinco’’ public subsidiaries. Prior to joining Magna in 1987, Mr. Walker spent seven years at General Motors in various engineering and manufacturing positions. He is a founding member of the Yves Landry Foundation, which promotes the value of technical education, and is currently the Chair (since October 2011, previously Co-Chair since 2002) of the Canadian Automotive Partnership Council (CAPC) with the Canadian federal and provincial governments, which serves to identify both short- and long-term priorities to help ensure the future health of the automotive industry in Canada. Mr. Walker is also the past Chairman of the Automotive Parts Manufacturers Association (APMA). Mr. Walker is a professional engineer with a B.Sc in mechanical engineering (Waterloo).

Vincent Galifi

Mr. Vincent J. Galifi serves as Chief Financial Officer, Executive Vice President of Magna International Inc. He is Executive Vice-President (since September 1996) and Chief Financial Officer (since December 1997).

Guenther Apfalter

Mr. Guenther Apfalter is President - Magna Europe of Magna International Inc. He is President, Magna Europe (since February 2011) and President, Magna Steyr (since January 2008).

Marc Neeb

Mr. Marc J. Neeb is Chief Human Resource Officer, Executive Vice President of Magna International Inc. Prior to January 2014, Mr. Neeb was Executive Vice-President, Global Human Resources (since January 2003).

Seetarama Kotagiri

Mr. Seetarama Swamy Kotagiri serves as Executive Vice President, Chief Technology Officer, President, Magna Powertrain of Magna International Inc. Mr. Kotagiri who also currently serves as President, Magna Powertrain (since December 2017), was President, Magna Electronics from February 2016 to December 2017, Executive Vice President, Corporate Engineering and R&D from January to December 2013, and Executive Vice President of Global Engineering and R&D of Cosma International from June 2008 to December 2013.

Francis Seguin

Mr. Francis C. Seguin serves as Executive Vice President - Corporate Projects and Strategy Development of the Company. Mr. Seguin was President of Magna Closures from January 2010 to January 2016.

James Tobin

Mr. James J. (Jim) Tobin, Sr., is Chief Marketing Officer, President, Magna Asia of Magna International Inc. Prior to February 2012, Mr. Tobin was President, Magna Japan and Korea since May 2010. He previously served as Executive Vice-President, Business Development (from December 2007 to May 2010), prior to which he served as Executive Vice-President, Business Development and Sales of Cosma International since January 2006.

Tommy Skudutis

Mr. Tommy J. (Tom) Skudutis is Chief Operating Officer - Exteriors, Seating, Mirrors, Closures and Cosma of Magna International Inc. He was President of Cosma from March 2001 to March 2002. Prior to May 2007, Mr. Skudutis was Executive Vice-President, Operations since May 2001.

Scott Bonham

Mr. Scott Barclay Bonham is Non-Independent Non-Executive Director of Magna International Inc. He is the Co-Founder and Partner of The Fueling Station, a real estate management company that manages properties serving Canadian entrepreneurs and start-up companies. He co-founded GGV Capital, an expansion stage venture capital firm with investments in the U.S. and China, where he served as a Venture Partner (2011-2015) and a Partner (2000-2011). Prior to co-founding GGV in 2000, Mr. Bonham served as Vice-President of the Capital Group of Companies, where he managed technology investments across several mutual funds (1996-2000). Mr. Bonham also previously served in various marketing roles at Silicon Graphics (1992-1996), as a manufacturing and information systems strategy consultant at Booz, Allen & Hamilton (1989-1992) and systems engineer and maintenance foreman at General Motors of Canada. Mr. Bonham has previously served on a number of private and public company boards and audit committees, including Hurray! Holding Co. Ltd., the shares of which were quoted on the Nasdaq National Market. He is currently a board member of the C100, an association that connects Canadian entrepreneurs and companies with its Silicon Valley network. Mr. Bonham has a B.Sc in electrical engineering (Queen’s) and an MBA (Harvard). Mr. Bonham serves as a director of the Bank of Nova Scotia, which provides routine banking services to Magna. Magna’s fees to the Bank of Nova Scotia in 2015 amounted to approximately $2.5 million, in relation to the bank’s total 2015 revenues of over $24 billion. In the event of a conflict of interest on any matter, Mr. Bonham will not participate in the portion of the meeting at which the matter is discussed, nor in any Board decision on the matter. No such issues arose in 2015.

Peter Bowie

Mr. Peter Guy Bowie is Independent Director of Magna International Inc. He is a corporate director who most recently served as the Chief Executive of Deloitte China from 2003 to 2008, as well senior partner and a member of the board and the management committee of Deloitte China until his retirement from the firm in 2010. Mr. Bowie was previously Chairman of Deloitte Canada (1998-2000), a member of the firm’s management committee and a member of the board and governance committees of Deloitte International. He is a past member of the board of the Asian Corporate Governance Association and has served on a variety of boards in the private and non-governmental organization sectors. Mr. Bowie has a B.Comm (St. Mary’s), as well as an MBA (Ottawa) and has received an honorary doctorate (Ottawa). Mr. Bowie is a Fellow of the Institute of Chartered Accountants of Ontario and the Australian Institute of Corporate Directors.

Mary Chan

Ms. Mary S. Chan is Independent Director of the Company. Ms. Chan brings to the Board extensive experience in connected cars, autonomous and semi-autonomous vehicles, as well as mobility communications infrastructure, products and services. Since 2015, Ms. Chan has been a managing partner of VectoIQ LLP, prior to which she served as: President, Global Connected Consumer & OnStar Service of General Motors Company (2012-2015); Senior VP & General Manager, Enterprise Mobility Solutions & Services, Dell Inc. (2009-2012); and progressive executive roles, including Executive Vice-President and President of 4G/LTE Wireless Networks, at Alcatel-Lucent Inc. (1996-2009). Ms. Chan, who holds B.Sc. and M.Sc. degrees in Electrical Engineering (Columbia), also serves on the boards of Dialog Semiconductor PLC, SBA Communications Corporation and Microelectronics Technology Inc.

Kurt Lauk

Dr. Kurt Joachim Laulk, Ph.D., is Independent Director of Magna International Inc. He is the co-founder and President of Globe CP GmbH, a private investment firm. He possesses extensive European automotive industry experience, primarily through his positions as Member of the Board of Management and Head of World Wide Commercial Vehicles Division of Daimler Chrysler (1996-1999), as well as Deputy Chief Executive Officer and Chief Financial Officer (with responsibility for finance, controlling and marketing) of Audi AG (1989-1992). Dr. Lauk has other extensive senior management experience, including as Chief Financial Officer and Controller of Veba AG (now known as E.On AG) (1992-1996), Chief Executive Officer of Zinser Textil Machinery GmbH (1984-1989) and as a Partner and Vice-President of the German practice of Boston Consulting Group (1978-1984). Dr. Lauk served as a Member of European Parliament (2004-2009), including as a Member of the Economic and Monetary Affairs Committee and Deputy Member of the Foreign and Security Affairs Committee. He currently serves as a Trustee of the International Institute for Strategic Studies in London and is an honorary professor with a chair for international studies at the prestigious European Business School in Reichartshausen, Germany. Dr. Lauk possesses both a PhD in international politics (Kiel), as well as an MBA (Stanford).

Cynthia Niekamp

Ms. Cynthia A. Niekamp serves as Independent Director of Magna International Inc. She is the Senior Vice-President, Automotive Coatings, of PPG Industries, Inc. She possesses over 30 years of automotive and other industrial manufacturing experience through her current and prior roles at PPG (since 2009); BorgWarner, where she served as President & General Manager, BorgWarner Torq Transfer Systems (2004 to 2008); MeadWestvaco Corporation, where she served in various roles (1995 to 2004), including Senior Vice-President & Chief Financial Officer (2003 to 2004) and President, Special Paper Division (1998 to 2002); TRW (1990 to 1995); and General Motors (1983 to 1990). Ms. Niekamp currently serves as a Trustee of Kettering University and previously served on the boards of Rockwood Holdings, Delphi Corp. and Cooper Tire and Rubber, as well as Berkshire Applied Technology Council. Ms. Niekamp has a B.S. in industrial engineering (Purdue), as well as an MBA (Harvard). Ms. Niekamp is a fellow of the National Association of Corporate Directors.

William Ruh

Mr. William A. Ruh serves as Independent Director of the Company. Mr. Ruh brings to the Board a track record of success in managing the digital transformation of a large industrial company. He also possesses a wealth of expertise in advanced software and industrial internet solutions, including cloud-based platforms, analytics, and information technology/cybersecurity, developed over the course of a thirty year career in the software industry. Mr. Ruh is the chief executive officer for GE Digital as well as the senior vice president and Chief Digital Officer (CDO) for GE. Prior to joining GE, Mr. Ruh was vice president at Cisco Systems, Inc. (2004-2011) where he held global responsibility for developing advanced services and solutions. Mr Ruh has also held executive management positions at Software AG, Inc. (2001-2004) and The Advisory Board Company (2000-2001), among others. Mr. Ruh is an author and a frequent speaker on such topics as emerging business models, cloud computing, analytics, mobile computing, agile development, large scale distributed systems and machine to machine communications. He has a B.Sc. and M.Sc. in computer science from (California State).

Indira Samarasekera

Dr. Indira V. Samarasekera serves as Independent Director of Magna International Inc. She currently serves as the President and Vice-Chancellor of the University of Alberta (since 2005), for the second of two terms which will end in June 2015. Dr. Samarasekera is internationally recognized as a leading metallurgical engineer, including for her work on steel process engineering for which she was appointed an Officer of the Order of Canada. Prior to becoming the President of the University of Alberta, Dr. Samarasekera was Vice-President Research and held the Dofasco Chair in Advanced Steel Processing at the University of British Columbia (1996 to 2001). Under her leadership, the University of Alberta has built strong international partnerships, including with the Helmholtz Association of German Research Centres, the Li Ka Shing Foundation, as well as the Indian Institutes of Technology Bombay, Delhi and Roorkee. Additionally, during Dr. Samarasekera’s Presidency at the University of Alberta, she has overseen the completion of $1.5 billion in capital construction, including the National Institute for Nanotechnology. Among other things, Dr. Samarasekera formerly served as Chair of the Worldwide Universities Network and was previously a member of Canada’s Science, Technology and Innovation Council as well as Canada’s Global Commerce Strategy. Dr. Samarasekera has an M.Sc in mechanical engineering (California), as well as a PhD in metallurgical engineering (British Columbia) and is a Professional Engineer (P.Eng) who has been elected as a Foreign Associate of the National Academy of Engineering in the U.S. and appointed as a Fellow of the Canadian Academy of Engineering. Dr. Samarasekera serves as a director at the Bank of Nova Scotia.

Lawrence Worrall

Mr. Lawrence D. Worrall is Independent Director of Magna International Inc. He is a corporate director and certified management accountant who formerly served as the Vice-President, Purchasing, Strategic Planning and Operations, as well a Director of General Motors of Canada Limited (1995-2000). In his capacity as an officer of GM Canada, Mr. Worrall had responsibility for a number of matters, including: purchasing, logistics, GM Canada’s manufacturing facilities, forward product planning and the execution of the manufacturing plan for all plants.

Basic Compensation

Name Fiscal Year Total

William Young

500,000

Donald Walker

20,358,000

Vincent Galifi

8,998,000

Guenther Apfalter

3,434,000

Marc Neeb

--

Seetarama Kotagiri

--

Francis Seguin

--

James Tobin

3,497,000

Tommy Skudutis

8,711,000

Scott Bonham

366,000

Peter Bowie

231,000

Mary Chan

106,000

Kurt Lauk

271,000

Cynthia Niekamp

237,000

William Ruh

150,000

Indira Samarasekera

267,000

Lawrence Worrall

291,000
As Of  30 Dec 2017