Belinda Stronach quits Magna for political run

Newswire

(Updates with details, background, share price) TORONTO, Jan 20 (Reuters) - Belinda Stronach, who is expected to announce her candidacy for the leadership of the Canada's Conservative Party later in the day, resigned on Tuesday as president and chief executive of auto-parts maker Magna International . Her father, Magna founder and chairman Frank Stronach, will become interim president until the company, the world's seventh-largest auto-parts manufacturer, finds a permanent replacement. ...

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