Magna names former Ontario Premier Mike Harris as its new chairman, replacing Frank Stronach, who founded the supplier in 1957, nurturing it from a Toronto-area garage to a diversified global enterprise. Harris, 66, a member of Magna’s board since 2003, served six terms in the Ontario legislature, including successive terms as the province’s premier from 1995 to 2002. He also is chairman of Magna’s nominating and corporate governance/compensation committees. Stronach, 78, who remains on ...

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