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Canada: Wolf steps down as Magna Co-CEO

Magna International has announced that Siegfried Wolf, the company's co-chief executive officer, has resigned as a director and officer effective 15 November 2010, in order to pursue an opportunity with Basic Element and its machinery division OJSC Russian Machines, the parent company of Russian automotive OEM, GAZ Group. Magna's board of It’s time to log … Continued

Magna International has announced that Siegfried Wolf, the company's co-chief executive officer, has resigned as a director and officer effective 15 November 2010, in order to pursue an opportunity with Basic Element and its machinery division OJSC Russian Machines, the parent company of Russian automotive OEM, GAZ Group.

Magna's board of

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