Frank Stronach
Frank Stronach is the Founder and Honorary Chairman of Magna International
Inc., the world’s most diversified automotive parts supplier with more than 170,000
employees in 43 countries and sales of over $40 billion US. At Magna, he
introduced his unique management philosophy known as Fair Enterprise, which is
based on a business Charter of Rights that predetermines the annual percentage
of profits shared between employees, management, investors and society.
He is currently the founder and Chairman of Stronach International, a company
whose mission is to enhance society and the environment through micro-mobility
transportation and organic agri-business – two of the fastest growing economic
trends in the world today.
Frank Stronach has received numerous honorary doctorates and awards and is a
passionate philanthropist, having provided assistance to a wide range of charitable
and community organizations over many decades. He has also served on
numerous corporate, government and university boards over the years, including
the corporate governance board of the NASDAQ stock exchange.
He was inducted into the Canadian Business Hall of Fame, the Automotive Hall of
Fame in the US, and is a Member of the Order of Canada. He is the author of The
Magna Man, The Question of All Questions, and The Greed Factor.