Peter Bowie - Magna International Independent Director
| MG Stock | CAD 61.64 1.96 3.28% |
Director
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, a member of the firms 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 Corporationrationrate Governance Association and has served on a variety of boards in the private and nongovernmental organization sectors. Mr. Bowie has a B.Comm, as well as an MBA and has received an honorary doctorate . Mr. Bowie is a Fellow of the Institute of Chartered Accountants of Ontario and the Australian Institute of Corporationrationrate Directors. since 2012.
| Age | 72 |
| Tenure | 12 years |
| Phone | 905-726-2462 |
| Web | https://www.magna.com |
Magna International Management Efficiency
The company has return on total asset (ROA) of 0.0393 % which means that it generated a profit of $0.0393 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0949 %, meaning that it generated $0.0949 on every $100 dollars invested by stockholders. Magna International's management efficiency ratios could be used to measure how well Magna International manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Paul Fribourg | Restaurant Brands International | 65 | |
| Consuelo Madere | Nutrien | 58 | |
| Denis Losier | Canadian National Railway | 66 | |
| Shauneen Bruder | Canadian National Railway | 59 | |
| Kevin Lynch | Canadian National Railway | 68 | |
| Russell Girling | Nutrien | 56 | |
| Keith Martell | Nutrien | 56 | |
| James OConnor | Canadian National Railway | 69 | |
| Jo Zurel | Fortis Inc | 55 | |
| Lawrence Borgard | Fortis Inc | 57 | |
| John Baird | Canadian Pacific Railway | 49 | |
| Pierre Blouin | Fortis Inc | 61 | |
| Robert Phillips | Canadian National Railway | 68 | |
| Laura Stein | Canadian National Railway | 57 | |
| Christopher Burley | Nutrien | 57 | |
| Edith Holiday | Canadian National Railway | 67 | |
| Julie Dobson | Fortis Inc | 62 | |
| Donald Carty | Canadian National Railway | 72 | |
| Joseph Welch | Fortis Inc | 69 | |
| Maura Clark | Nutrien | 60 | |
| Andrea Robertson | Canadian Pacific Railway | 55 | |
Management Performance
| Return On Equity | 0.0949 | |||
| Return On Asset | 0.0393 |
Magna International Leadership Team
Elected by the shareholders, the Magna International's board of directors comprises two types of representatives: Magna International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magna. The board's role is to monitor Magna International's management team and ensure that shareholders' interests are well served. Magna International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Magna International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Young, Independent Chairman of the Board | ||
| Anton Mayer, Ex CTO | ||
| Robert Cecutti, Controller | ||
| John OHara, President Mirrors | ||
| Joanne Horibe, Chief Officer | ||
| Francis Seguin, Executive Vice President - Corporate Projects and Strategy Development | ||
| Patrick McCann, Executive CFO | ||
| Aaron McCarthy, Chief Human Resource Officer, Executive Vice President | ||
| Peter Bowie, Independent Director | ||
| Mark Dong, President China | ||
| Joseph Cosentino, Senior Counsel | ||
| Bassem Shakeel, Vice President Secretary | ||
| William Ruh, Independent Director | ||
| James Tobin, Executive Vice President, President - Magna Asia | ||
| Uwe Geissinger, Executive Europe | ||
| V Harder, Independent Director | ||
| Boris Shulkin, Executive Officer | ||
| Indira Samarasekera, Independent Director | ||
| Cynthia Niekamp, Independent Director | ||
| Sharath Reddy, Senior PresidentElectronics | ||
| Tom Rucker, MML, MPT | ||
| Seetarama Kotagiri, President - Magna International, Magna Power and Vision | ||
| Donald Walker, Chief Executive Officer, Director | ||
| Bruce Cluney, Executive Officer | ||
| John Farrell, President Seating | ||
| Kurt Lauk, Independent Director | ||
| Seetarama MSc, CEO Director | ||
| Matteo Sorbo, Executive Mobility | ||
| Tommy Skudutis, COO - Exteriors, Interiors, Seating, Mirrors, Closures and Cosma | ||
| Riccardo Trecroce, Executive Vice President Chief Legal Officer | ||
| Guenther Apfalter, President , Magna Europe and Magna Steyr | ||
| Eric Wilds, Executive Vice President Chief Sales & Marketing Officer | ||
| Tracy Fuerst, Vice PR | ||
| Paul Brock, VP Treasurer | ||
| Robert MacLellan, Independent Director | ||
| Scott Bonham, Non-Independent Non-Executive Director | ||
| Louis Tonelli, Vice Relations | ||
| Mary Chan, Independent Director | ||
| Lisa Westlake, Independent Director | ||
| Vincent Galifi, Chief Financial Officer, Executive Vice President |
Magna Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Magna International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0949 | |||
| Return On Asset | 0.0393 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 26.26 B | |||
| Shares Outstanding | 287.34 M | |||
| Shares Owned By Insiders | 6.10 % | |||
| Shares Owned By Institutions | 76.58 % | |||
| Number Of Shares Shorted | 5.88 M | |||
| Price To Earning | 26.34 X |
Pair Trading with Magna International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magna International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magna International will appreciate offsetting losses from the drop in the long position's value.Moving together with Magna Stock
Moving against Magna Stock
The ability to find closely correlated positions to Magna International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magna International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magna International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magna International to buy it.
The correlation of Magna International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magna International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magna International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.