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Article: Biographical sketch of Frank Stronach
- Article from:
- AP Worldstream
- Article date:
- May 30, 2009
- Author:
CopyrightCopyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
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NAME _ Frank Stronach.
JOB TITLE _ Chairman of Magna International Inc.
AGE: 76 (born Sept. 6, 1932, in Weiz, Austria).
COMPANY: Tool-and-die maker Multimatic Investments Ltd., founded in Toronto in 1957, later grew into the production of automotive components and merged with Magna Electronics Corp. Ltd. Later became Magna International.
EXPERIENCE: Immigrated to Canada in 1954 with a background in tool and machine engineering. For many years, Stronach was the highest paid CEO in Canada through stock options in Magna.
FAMILY: Wife, Elfriede Sallmutter; two children, Andrew and Belinda.
POLITICS: Ran unsuccessfully as a Liberal Party parliamentary candidate ...