The Board of Directors of Magna International Inc. has approved management changes, all effective January 1, 2022: Vincent J. Galifi, current Executive Vice-President and Chief Financial Officer has been appointed as President. In this role, Vince will support Magna?s Chief Executive Officer, Swamy Kotagiri, on corporate strategy, capital markets, stakeholder relations and other matters. Patrick W.D. McCann has been promoted to Executive Vice-President and Chief Financial Officer, reporting to Chief Executive Officer. In his 22+ year career at Magna, Pat has served in a variety of senior finance roles at Magna?s Head Office, including most recently as Senior Vice-President, Finance. Pat also served as Vice-President, Finance for Magna?s operating unit, Cosma International, between 2016 and 2019. Anton Mayer has been promoted to Executive Vice-President and Chief Technology Officer, from his current role as Executive Vice-President, Research & Development. Anton also recently served as Executive Vice-President, Systems & Portfolio Strategy and has held various other roles in a 35+ year career at Magna.