Kurt Lauk - Magna International Independent Director

MGA Stock  EUR 42.20  0.34  0.80%   

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 since 2011.
Age 72
Tenure 13 years
Professional MarksMBA
Phone905 726 2462
Webhttps://www.magna.com
Lauk possesses both a PhD in international politics, as well as an MBA .

Magna International Management Efficiency

The company has return on total asset (ROA) of 0.0346 % which means that it generated a profit of $0.0346 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0544 %, meaning that it generated $0.0544 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.
Magna International has accumulated 2.85 B in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. Magna International has a current ratio of 1.42, which is within standard range for the sector. Debt can assist Magna International until it has trouble settling it off, either with new capital or with free cash flow. So, Magna International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magna International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna International's use of debt, we should always consider it together with cash and equity.

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Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. MAGNA INTL operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 158000 people. Magna International (MGA) is traded on Frankfurt Exchange in Germany and employs 168,000 people.

Management Performance

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
Francis Seguin, Executive Vice President - Corporate Projects and Strategy Development
Patrick McCann, Ex CFO
Aaron McCarthy, Chief Human Resource Officer, Executive Vice President
Peter Bowie, Independent Director
William Ruh, Independent Director
James Tobin, Executive Vice President, President - Magna Asia
V Harder, Independent Director
Boris Shulkin, Ex Officer
Indira Samarasekera, Independent Director
Cynthia Niekamp, Independent Director
Seetarama Kotagiri, Executive Vice President, Chief Technology Officer, President - Magna Power and Vision
Donald Walker, Chief Executive Officer, Director
Bruce Cluney, Ex Officer
Kurt Lauk, Independent Director
Seetarama MSc, CEO Director
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
Robert MacLellan, Independent Director
Scott Bonham, Non-Independent Non-Executive Director
Louis Tonelli, VP 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.

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Additional Information and Resources on Investing in Magna Stock

When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:
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 board of governors.
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Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.