Kurt Lauk - Magna International Independent Director

MGA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

  Director
Dr. Kurt Joachim Laulk, Ph.D., is Independent Director of Magna International Inc. He is the cofounder 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, as well as Deputy Chief Executive Officer and Chief Financial Officer of Audi AG . Dr. Lauk has other extensive senior management experience, including as Chief Financial Officer and Controller of Veba AG, Chief Executive Officer of Zinser Textil Machinery GmbH and as a Partner and VicePresident of the German practice of Boston Consulting Group . Dr. Lauk served as a Member of European Parliament, 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
Age: 71  Director Since 2011  MBA    
905-726-2462  http://www.magna.com
Lauk possesses both a PhD in international politics, as well as an MBA .

Management Efficiency

The company has 5.14 B in debt with debt to equity (D/E) ratio of 43.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. Magna International has Current Ratio of 1.19 demonstrating that it may not be capable to disburse its financial commitments when the payables are due.

Entity Summary

Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia Pacific, and internationally. Magna International Inc. was founded in 1957 and is based in Aurora, Canada. Magna International operates under Auto Parts classification in USA and is traded on BATS Exchange. It employs 166000 people.Magna International (MGA) is traded on BATS Exchange in USA. It is located in 337 Magna Drive and employs 166,000 people. Magna International is listed under Automobiles and Trucks category by Fama And French industry classification.

Magna International Leadership Team

William Young, Independent Chairman of the Board
John Eyton, Independent Director
Seetarama Kotagiri, Executive Vice President, Chief Technology Officer, President - Magna Power and Vision
Donald Walker, Chief Executive Officer, Director
Lawrence Worrall, Independent Director
Kurt Lauk, Independent Director
Marc Neeb, Chief Human Resource Officer, Executive Vice President
Francis Seguin, Executive Vice President - Corporate Projects and Strategy Development
Tommy Skudutis, COO of Exteriors, Interiors, Seating, Mirrors, Closures and Cosma
Guenther Apfalter, President of Magna Europe and Pres Magna Steyr
Peter Bowie, Independent Director
Bassem Shakeel, Vice President Secretary
William Ruh, Independent Director
James Tobin, Chief Marketing Officer & President Magna Asia
Robert MacLellan, Independent Director
Scott Bonham, Non-Independent Non-Executive Director
Peter Harder, Independent Director
Jeffrey Palmer, Chief Legal Officer and Executive VP
Barbara Judge, Independent Director
Indira Samarasekera, Independent Director
Cynthia Niekamp, Independent Director
Mary Chan, Independent Director
Lisa Westlake, Independent Director
Vincent Galifi, Chief Financial Officer, Executive Vice President

Stock Performance Indicators

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Magna International Investor Sentiment

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