Magna International Inc (NYSE:MGA)
$ 45.15 -0.06 (-0.13%) Market Cap: 12.97 Bil Enterprise Value: 19.39 Bil PE Ratio: 13.04 PB Ratio: 1.13 GF Score: 79/100

Magna International Inc Names Seetarama (Swamy) Kotagiri Chief Executive Officer Corporate Call Transcript

Oct 20, 2020 / 12:00PM GMT
Release Date Price: $54.4 (+1.42%)
Operator

Welcome to the Magna Press Conference. My name is John, and I'll be your operator for today's call. (Operator Instructions)

Please note the conference is being recorded.

And I will now turn the call over to Tracy Fuerst.

Tracy Fuerst
Magna International Inc. - VP of Corporate Communications & PR

Thank you, John, and hello, everyone. I -- as mentioned, I'm Tracy Fuerst. I'm the Vice President of Corporate Communications and PR for Magna, and I'm kicking off the call today. Thank you so much for joining us.

As you have seen, we issued a press release earlier this morning regarding an upcoming change in our leadership.

On today's call, we are pleased to have with us Mr. Bill Young, who's the Chairman of Magna's Board. Swamy Kotagiri is with us as well, Magna President and Incoming CEO. We've got Vince Galifi, our CFO, with us as well. And then, of course, we have Don Walker, our Magna CEO. Each will be making some remarks, and then we'll open it up to some questions.

I just want to be clear that we are doing

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