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Title Issue Date Category Formats Records Price
Material Insights: LyondellBasell, A. Schulman to make behemoth $4.6 billion company
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LyondellBasell is acquiring A. Schulman for $2.25 billion, Westlake Chemical announces expansions and a pair of firms make plans in India. ...
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02-20-2018
Milacron reports fourth quarter growth, but no uptick from tax reform
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Milacron Holdings Corp. is ending the fourth quarter with $325 million in sales — a 9 percent increase over last year in the same period — citing double-digit growth in machinery and...
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02-20-2018
Huntington Solutions acquires Ohio-based TrimTec Systems
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Huntington Foam LLC is expanding its packaging business with the acquisition of a Central Ohio company. Huntington, based in Greer, S.C., has purchased TrimTec Systems Ltd. of Grove City, Ohio, a...
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02-20-2018
Barnes Group reports strong 2017 sales, record hot runner sales
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Barnes Group Inc.’s bottom line took a $96.7 million tax reform hit in the fourth quarter of 2017, but companywide sales were strong, and the company’s hot runner sales reached record...
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02-20-2018
Westlake adding capacity for PVC and VCM in US and Germany
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Westlake Chemical Corp. plans to add capacity for PVC resin and vinyl chloride monomer feedstock at plants in Louisiana and Germany. Houston-based Westlake will add a total of 750 million pounds...
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02-20-2018
Outstanding results and another record year for Covestro in 2017
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Driven by a high demand for high-performance plastics and significantly higher margins, Covestro increased group sales by 18.8 percent to EUR 14.1 billion over the past fiscal year. Group EBITDA...
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02-20-2018
Entries open for International Design Awards
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Organizers of the International Design Excellence Awards competition added categories, balanced jury representation across design disciplines, rebranded the logo and upgraded trophies for this...
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02-20-2018
Total, Borealis and Nova Chemicals form Gulf Coast petrochemicals joint venture
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French oil company Total SA, Austria’s Borealis AG and Canada-based Nova Chemicals Corp. on Feb. 19 announced that they have agreed to form a joint venture in petrochemicals on the U.S. Gulf ...
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02-20-2018
Wine and molding
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Jessica Bell has created a plastic wine glass that even a merlot-drinking wine snob can love. And she's working with Wisconsin-based custom injection molder Sussex IM Inc. for volume production of ...
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02-16-2018
Uponor invests $10 million in smart water venture
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Vantaa, Finland — Uponor Oyj will put another $10 million toward its joint venture with Belkin International, bringing its total investment in their company called Phyn LLC to $25 million....
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02-16-2018
Sponsored by

Vincent J. Galifi

Exec. VP & CFO

Magna International Inc.

  • Company business type
    Transportation
  • 2014 total compensation
    $8,521,000
  • 2014 salary
    $325,000
  • 2014 bonus
    $0
  • Percent change from 2013
    (cash only)
    10.6%
  • 2014 stock awards
    $2,809,000
  • 2014 option awards
    $1,107,000
  • NEIP payouts
    $4,214,000
  • All other cash compensation
    $66,000
  • Company's three-year total return to shareholders %
    50.1%
  • Company fiscal 2014 sales ($ millions)
    $36,641
  • Originally published September 7, 2015, in Plastics News. Some data may have been updated.
  • Three-year return to shareholders calculated on a fiscal-year basis.
  • N.A. = Not available.
  • CURRENCY NOTE: All figures reported in Canadian currency were converted to U.S. dollars using the average annual exchange rate for the 12 months of a company's fiscal year.
  • COMPENSATION CATEGORY DEFINITIONS: Revised Securities and Exchange Commission executive compensation disclosure rules for publicly held companies have redefined what U.S. firms report and how they report it. Canadian Securities Administrators, or CSA, has adopted similar disclosure rules for Canadian companies. This analysis compares U.S. and Canadian-based companies in a fairly consistent fashion. The following notes define key compensation elements in the analysis:
  • SALARY: For U.S. and Canadian companies, this value represents the actual base salary paid. Salaries are not annualized for new hires.
  • BONUS: For U.S. companies, this value typically represents discretionary bonuses not tied directly to performance, such as retention awards and signing bonuses. Performance-based bonus awards for U.S. firms appear in the NEIP column. For Canadian firms under new Canadian regulations, all bonuses - discretionary and performance-based - appear in the NEIP column.
  • STOCK AWARDS: For U.S. and Canadian companies, this value represents the grant-date fair value of new service- and performance-based stock and/or unit awards granted during the fiscal year.
  • OPTION AWARDS: For U.S. and Canadian companies, this value represents the grant-date fair value of new service- and performance-based option and/or SAR (stock appreciation rights) awards granted during the fiscal year. For companies that did not disclose estimates for the value of option awards, a value was calculated using the widely accepted Black-Scholes methodology.
  • NEIP PAYOUTS: For U.S. firms, this value represents performance-based bonus payouts from non-equity incentive plans. For Canadian firms, this value represents both performance-based and discretionary bonuses.
  • ALL OTHER CASH COMPENSATION: For U.S. and Canadian companies, this value represents the sum of benefits and perquisites awarded during the last fiscal year. Although company contributions to retirement plans are included, the full value and/or the annual actuarial increase or decrease in retirement plans is not included.
  • PERCENTAGE CHANGE FROM FISCAL 2012 IN CASH PAY could not be determined if an executive was not employed by a firm for the entire two most-recent fiscal years.
  • COMPANY‚ÄôS THREE-YEAR TOTAL RETURN TO SHAREHOLDERS: Companies whose stock shares have not traded long enough to have a three-year total return to shareholders are Berry Plastics Corp., GSE Holding Inc. and Ply Gem Holding Inc. Associated Materials Inc. reports regularly to the SEC but is not publicly held and does not trade equity on a general stock exchange.
  • Plastics News' executive ranking covers only executives from U.S. and Canadian companies that publicly traded equity or debt for their 2013 calendar or fiscal years, and that generate roughly 50 percent or more of their annual revenues from the in-house processing, recycling or compounding of plastics.
  • Equilar Inc., an executive compensation research firm located in Redwood City, Calif., supplied the data for Plastics News' executive ranking. Equilar offers a suite of Web-based tools for analyzing compensation and corporate governance trends. Equilar helps its clients make informed decisions on board-level compensation-related matters with independent research drawn directly from annual proxy filings. Equilar Inc. can be found online at www.equilar.com