Magna: Kotagiri takes over control – NEUE Vorarlberger Tageszeitung



TODAY • 12:58 PM
/ 3 minutes reading time

The new boss, whom everyone at Magna just calls Swamy: Seetarama Kotagiri will take over as CEO tomorrow MAGNA

Born in Inde Seetarama Kotagiri, will take over as CEO on January 1st.

Had internally Seetarama Kotagiri long ago as Crown Prince of Don Walker applied. What one had not necessarily expected was the timing: That the ex-son-in-law of Magna founder Frank Stronach would retire at the end of the year and thus before his 65th birthday, something was surprising. Walker, who has two children with Stronach’s daughter Belinda, says goodbye after 33 years at Magna, of which he was CEO of the company for a total of 22 years.

As of Friday, Kotagiri, whom everyone just calls Swamy, will be leading the world’s third largest automotive supplier, a technician. The 51-year-old native Indian with a Canadian passport studied mechanical engineering at Oklahoma State University and joined Magna 21 years ago.
At Cosma – the heart of Magna Kotagiri earned his first spurs: his boss there was the man from Graz Horst #Prelogwho led the profitable division for a long time. After several management positions, he succeeded the former BMW Board Member for Development Burkhard Göschel as Chief Technology Officer (CTO) and became Executive Vice President on the Management Board of Magna International. During this time, Kotagiri also served as President of Magna Electronics and Magna Powertrain.

Swamy knows exactly what he wants”

Günther Apfalter, President of Magna Europe and China, appreciates the new boss very much. “I know Swamy well, I have been on the Magna Board with him for ten years. He is a man with vision, strategically and technically strong, he is very structured and goes into great detail.“

Also the former Styrian Economic Council Herbert Paierl Kotagiri got to know during his time at Magna “as a calm, level-headed and very competent colleague. Swamy knows exactly what he wants. “

Magna is headquartered in Aurora, Canada, and employs nearly 160,000 people in 344 manufacturing facilities and 93 development centers in 27 countries around the world. In 2019, sales were $ 39.4 billion. More than 16,000 employees work for Magna in Austria.

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