Magna Reelects 12 Directors with Up to 99.64% Support, Reappoints Deloitte and Approves Say on Pay
Shareholders holding 218.97 million shares (79.21% of outstanding) re-elected 12 directors with 96.43-99.64% support, reappointed Deloitte (98.57%), and approved Say on Pay (89.66%). Robert F. MacLellan became Board Chair, while Mary Lou Maher, V. Peter Harder, William A. Ruh and Matthew Tsien assumed key committee chair roles.
1. Voting Results
Shareholders representing 218,968,145 common shares, or 79.21% of outstanding, voted at the 2026 annual meeting. All 12 directors were elected with supporting votes ranging from 96.43% to 99.64%, Deloitte was reappointed with 98.57% support, and the advisory Say on Pay resolution passed with 89.66%.
2. Leadership Appointments
Robert F. MacLellan was confirmed as Board Chair following the meeting. Mary Lou Maher, V. Peter Harder, William A. Ruh and Matthew Tsien were appointed to chair the Audit, Governance, Compensation and Technology committees, respectively.