MI Developments says new president resigns

SAN FRANCISCO, March 15 (Reuters) - MI Developments Inc., the real estate arm of auto parts giant Magna International , said on Monday its new president, Werner Czernohorsky, had resigned after two months on the job.

The company did not give a reason for his resignation. A company spokesman did not return a call late on Monday.

Czernohorsky was hired in January to replace William Biggar as ...