Magna International Inc.



    AURORA, ON, April 11 /CNW/ - Magna International Inc. (TSE:MG.A, MG.B;
NYSE:  MGA. Following the announcement earlier today by Belinda Stronach, the
current Federal Member of Parliament for Aurora and Newmarket, that she will
not be standing for re-election as a Member of Parliament in the next federal
election, Ed Lumley, Magna's Lead Director commented that: "Our Board of
Directors welcomes Belinda rejoining the Magna executive management team as
Executive Vice-Chairman. She has extensive experience in the auto industry,
has gained national and international exposure as a Minister while in
Government and will bring an unparallelled understanding of Magna's unique
corporate culture which has been the major contributor to Magna's historical
success. As such she will be in a special position to balance the needs of all
Magna stakeholders, including shareholders, employees and customers."
    Co-Chief Executive Officers, Don Walker and Siegfried Wolf, stated that:
"Belinda will play an important role and make a valuable contribution to
Magna's ongoing success in the challenging auto industry, particularly in
terms of long term strategic planning and related policy decisions,
international relationships, public relations, social responsibility and
employee and labour relations. Her continuing interest and experience in
education and job skills training will also contribute to Magna's future
global competitive success."





For further information:

For further information: Brian Colburn at (905) 726-7022


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890