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Magna Appoints Philip D. Fracassa as Chief Financial Officer

PUBLIC · MGASep 11, 2025

Position

President

Company

Magna International

Philip D. Fracassa
philip.fracassa@magna.com
ManufacturingAutomotive

Description

Magna has announced the appointment of Philip D. Fracassa as Executive Vice-President and Chief Financial Officer, effective immediately. He succeeds Patrick McCann, who steps down after over 26 years with the company.

Quick answer

Magna Appoints Philip D. Fracassa as Chief Financial Officer (September 11, 2025).

Who is the new President at Magna International?
Magna International named Philip D. Fracassa President, announced September 11, 2025.
What did Magna International announce on September 11, 2025?
Magna has announced the appointment of Philip D. Fracassa as Executive Vice-President and Chief Financial Officer, effective immediately. He succeeds Patrick McCann, who steps down after over 26 years with the company.
What does Magna International do?
Magna. Forward. For all.
Which similar companies made leadership changes around the same time?
ServiceUp (September 12, 2025), Advanced Braking Technology (September 10, 2025), Alicon Castalloy (September 7, 2025) and Blue Energy Motors (September 15, 2025) also announced leadership changes within 45 days of Magna International.

Source: Fundz verified event record.

Other recent leadership changes in Automotive and Manufacturing

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Magna International, and when

A new leader at Magna International brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day Magna International raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Magna International, from your own LinkedIn network

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Company Information

Company

Magna International

Location

337 Magna Drive

About

Magna. Forward. For all. Explore how Magna´s advancements in mobility help build a better world for everyone and everything.

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Magna International changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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