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Delayed
Other stock markets
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5-day change | 1st Jan Change | ||
| 67.17 CAD | +0.95% |
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+1.10% | -14.19% |
(Reuters) - Canadian auto parts maker Magna International said on Tuesday President Seetarama Kotagiri would take over as chief executive officer in January.
Kotagiri, a 21-year veteran of the company, will succeed Don Walker, who will retire at end of 2020 after holding the top job for 15 years.
The Ontario-based company in August forecast 2020 sales between $30 billion and $32 billion, above analysts' estimates.
It is set to report third-quarter results on Nov. 6.
(Reporting by Rachit Vats and Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)
| 1st Jan change | Capi. | |
|---|---|---|
| -14.19% | 13.95B | |
| +29.62% | 52.91B | |
| +25.77% | 20.28B | |
| -20.24% | 19.12B | |
| +1.48% | 16.11B | |
| +31.67% | 15.65B | |
| -18.75% | 13.3B | |
| +31.97% | 11.93B | |
| +14.27% | 10.5B | |
| +28.58% | 10.35B |
MAGNA INTERNATIONAL INC. 
