6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For the month of October 2020

Commission File Number: 001-11444

MAGNA INTERNATIONAL INC.
(Exact Name of Registrant as specified in its Charter)

337 Magna Drive, Aurora, Ontario, CANADA  L4G 7K1 
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	MAGNA INTERNATIONAL INC.
	(Registrant)
Date: October 20, 2020	By: /s/ "Bassem Shakeel"
	Bassem A. Shakeel
	Vice-President and Corporate Secretary

EXHIBITS 

Exhibit 99.1	Press Release issued on October 20, 2020 in which the Registrant announced that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as Chief Executive Officer, effective January 1, 2021.
Exhibit 99.2	Material Change Report on Form 51-102F3 dated October 20, 2020 with respect to the press release issued on October 20, 2020 above mentioned.

EX-99.1

EXHIBIT 99.1

Magna Names Seetarama (Swamy) Kotagiri Chief Executive Officer

• Kotagiri, current Magna President and 21-year company veteran, to succeed Don Walker
• Walker to retire at end of 2020 after 15 consecutive years as CEO, 33 years with Magna
• Media conference call to be held today, October 20, at 8 a.m. EDT

AURORA, Ontario, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Magna announced today that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as Chief Executive Officer, effective January 1, 2021. Don Walker, who served as CEO between 1994 and 2001, and since 2005, will retire at the end of 2020. In his 33-year career at Magna, Walker served in various leadership roles including Vice President Product Development and Engineering, Chief Operating Officer and President, in addition to Chief Executive Officer of former Magna “spinco,” Intier Automotive Inc. between 2001 and 2005.

“Given Swamy’s role in aligning the company’s strategy with the megatrends impacting new mobility and the ‘car of the future,’ he is the right leader to take Magna forward,” said William L. Young, Chairman of Magna’s Board of Directors. “Swamy has a strong command of the business, sound judgment, and is a strategic thinker who can drive disciplined execution. I’ve been impressed by Swamy’s ability to inspire people to think innovatively and deliver their best work to benefit Magna’s customers. Swamy also has an innate leadership quality of being able to take complex problems and break them down so that people can understand and solve them.”

   Kotagiri named Magna CEO, succeeding Don Walker

"I would also like to commend Don for his success and thank him for his dedicated service,” Young added. “Under his strong leadership, Magna has grown to be the third-largest global automotive supplier, one of Fortune’s World’s Most Admired Companies, and a perennial winner of customer, industry and technology awards.”

“Leading Magna and working with all our great employees has been a tremendous honor and I am extremely proud of everything we have accomplished together,” stated Don Walker, current Magna CEO. “In addition to Swamy’s strong technical and operational strengths, he has played an integral role in advancing the company’s position in the changing mobility landscape and encouraging a start-up mindset to solve problems with solutions from outside our industry. I am confident in Swamy’s future-focused approach and leadership to move Magna forward into the next decade and beyond.”

“Building on Magna’s industry leadership is very important to me. It starts with our people, who are among the most talented in the business. We will leverage the company’s decentralized, entrepreneurial culture, which empowers every member of the Magna family to act as an owner and think as if they were part of a start-up,” said Swamy Kotagiri, current Magna President and incoming CEO. “With the next transformation in mobility upon us, Magna can build on its current position of strength, derived from leading capabilities across key areas of the vehicle, financial stability and strong leadership. The evolution of the mobility ecosystem presents a range of opportunities directly related to Magna’s strengths. I look forward to leading our team and working with all of our stakeholders as we seek to create sustainable value from those opportunities.”

Kotagiri has more than 25 years of automotive industry experience, 21 of which have been with Magna. In his previous role as Magna’s Chief Technology Officer (CTO), the company further strengthened its culture of innovation by forming partnerships in areas including autonomy, electrification, electronics and connectivity. Kotagiri was responsible for managing the company’s innovation and new product strategy and development both at a corporate level and in conjunction with Magna’s product groups. While CTO, he also served in various leadership positions including President of Magna Electronics, Magna Powertrain and the company’s Power and Vision segment. Early in his Magna career, he also held various engineering and operating positions at Cosma International, a Magna operating unit. Kotagiri holds a master’s degree in mechanical engineering from Oklahoma State University with a specialization in materials and structural engineering.

Kotagiri’s appointment demonstrates the effectiveness of Magna’s robust leadership development and succession planning processes, which have facilitated seamless transitions in 10 of the company’s most senior leadership roles in the last three years.

TAGS
Leadership change, CEO transition, Tenure

MEDIA CONFERENCE CALL DETAILS
A media conference call will be held at 8 a.m. EDT for 60 minutes, including time for Q&A. To join the call, please dial the phone number five minutes prior to the start of the conference call and provide the confirmation number:   49989733
Dial-In:	1 (866)-215-5508 Canada Toll Free
	1 (514)-841-2157 Canada Toll
	1 (888)-771-4371 US Toll Free
	1 (847)-585-4405 US Toll

For a current list of available local and international freephone telephone numbers,
CLICK http://www.yourconferencecenter.com/r.aspx?p=11&a=UyxrKCHDVVobDN

INVESTOR CONTACT
Louis Tonelli, Vice President, Investor Relations
louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice President, Global Corporate Communications & PR
tracy.fuerst@magna.com, 248.761.7004

ABOUT MAGNA
We are a mobility technology company. We have more than 152,000 entrepreneurial-minded employees and 346 manufacturing operations and 93 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Magna also has electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.

EX-99.2

EXHIBIT 99.2

FORM 51-102F3
MATERIAL CHANGE REPORT

1. Name and Address of Company

The reporting issuer is Magna International Inc. (the "Corporation" or "Magna"), a corporation existing under the laws of the Province of Ontario and having its registered office at 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1.

2. Date of Material Change

The material change occurred at approximately 6:00 pm on Monday, October 19, 2020.

3. News Release

On Tuesday, October 20, 2020, at approximately 5:30 a.m. (Toronto time), a press release describing the material change was issued by the Corporation, sent to the TSX and NYSE and disseminated to the public via Globe Newswire. A copy of the press release is attached.

4. Summary of Material Change

The Corporation announced on Tuesday, October 20, 2020, that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as the Corporation’s Chief Executive Officer, effective January 1, 2021. Don Walker, who served as the Corporation’s Chief Executive Officer between 1994 and 2001, and since 2005, will retire effective December 31, 2020. Mr. Walker will retire from the Board on the effective date of his retirement as Chief Executive Officer, and Mr. Kotagiri will be appointed to the Board effective January 1, 2021.

5. Full Description of Material Change

The Corporation announced on October 20, 2020, that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as the Corporation’s Chief Executive Officer, effective January 1, 2021. Don Walker, who served as the Corporation’s Chief Executive Officer between 1994 and 2001, and since 2005, will retire effective December 31, 2020. Mr. Walker will retire from the Board on the effective date of his retirement as Chief Executive Officer, and Mr. Kotagiri will be appointed to the Board effective January 1, 2021.

Mr. Kotagiri has more than 25 years of automotive industry experience, 21 of which have been with the Corporation. In his previous role as Magna’s Chief Technology Officer (CTO), the Corporation further strengthened its culture of innovation by forming partnerships in areas including autonomy, electrification, electronics and connectivity. Mr. Kotagiri was responsible for managing Magna’s innovation and new product strategy and development both at a corporate level and in conjunction with Magna’s product groups. While CTO, he also served in various leadership positions including President of Magna Electronics, Magna Powertrain and the Corporation’s Power and Vision segment. Early in his Magna career, he also held various engineering and operating positions at Cosma International, a Magna operating unit. Mr. Kotagiri holds a master’s degree in mechanical engineering from Oklahoma State University with a specialization in materials and structural engineering.

Mr. Kotagiri’s appointment demonstrates the effectiveness of Magna’s robust leadership development and succession planning processes, which have facilitated seamless transitions in 10 of the Corporation’s most senior leadership roles in the last three years.

6. Reliance on Section 7.1(2) or (3) of NI 51-102

This report is not being filed on a confidential basis.

7. Omitted Information

Not applicable.

8. Executive Officer

For further information, please contact Bassem A. Shakeel, Vice-President and Corporate Secretary of the Corporation at (905) 726-7070.

DATED at Aurora, Ontario the 20th day of October, 2020.

 

MAGNA NAMES SEETARAMA (SWAMY) KOTAGIRI CHIEF EXECUTIVE OFFICER

HIGHLIGHT

· Kotagiri, current Magna President and 21-year company veteran, to succeed Don Walker

· Walker to retire at end of 2020 after 15 consecutive years as CEO, 33 years with Magna

· Media conference call to be held today, October 20, at 8 a.m. EDT

AURORA, Ontario, Canada, October 20, 2020 – Magna announced today that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as Chief Executive Officer, effective January 1, 2021. Don Walker, who served as CEO between 1994 and 2001, and since 2005, will retire at the end of 2020. In his 33-year career at Magna, Walker served in various leadership roles including Vice President Product Development and Engineering, Chief Operating Officer and President, in addition to Chief Executive Officer of former Magna “spinco,” Intier Automotive Inc. between 2001 and 2005.

“Given Swamy’s role in aligning the company’s strategy with the megatrends impacting new mobility and the ‘car of the future,’ he is the right leader to take Magna forward,” said William L. Young, Chairman of Magna’s Board of Directors. “Swamy has a strong command of the business, sound judgment, and is a strategic thinker who can drive disciplined execution. I’ve been impressed by Swamy’s ability to inspire people to think innovatively and deliver their best work to benefit Magna’s customers. Swamy also has an innate leadership quality of being able to take complex problems and break them down so that people can understand and solve them.”

   Kotagiri named Magna CEO, succeeding Don Walker

"I would also like to commend Don for his success and thank him for his dedicated service,” Young added. “Under his strong leadership, Magna has grown to be the third-largest global automotive supplier, one of Fortune’s World’s Most Admired Companies, and a perennial winner of customer, industry and technology awards.”

magna names new ceo	cONNECT WITH MAGNA

“Leading Magna and working with all our great employees has been a tremendous honor and I am extremely proud of everything we have accomplished together,” stated Don Walker, current Magna CEO. “In addition to Swamy’s strong technical and operational strengths, he has played an integral role in advancing the company’s position in the changing mobility landscape and encouraging a start-up mindset to solve problems with solutions from outside our industry. I am confident in Swamy’s future-focused approach and leadership to move Magna forward into the next decade and beyond.”

“Building on Magna’s industry leadership is very important to me. It starts with our people, who are among the most talented in the business. We will leverage the company’s decentralized, entrepreneurial culture, which empowers every member of the Magna family to act as an owner and think as if they were part of a start-up,” said Swamy Kotagiri, current Magna President and incoming CEO. “With the next transformation in mobility upon us, Magna can build on its current position of strength, derived from leading capabilities across key areas of the vehicle, financial stability and strong leadership. The evolution of the mobility ecosystem presents a range of opportunities directly related to Magna’s strengths. I look forward to leading our team and working with all of our stakeholders as we seek to create sustainable value from those opportunities.”

Kotagiri has more than 25 years of automotive industry experience, 21 of which have been with Magna. In his previous role as Magna’s Chief Technology Officer (CTO), the company further strengthened its culture of innovation by forming partnerships in areas including autonomy, electrification, electronics and connectivity. Kotagiri was responsible for managing the company’s innovation and new product strategy and development both at a corporate level and in conjunction with Magna’s product groups. While CTO, he also served in various leadership positions including President of Magna Electronics, Magna Powertrain and the company’s Power and Vision segment. Early in his Magna career, he also held various engineering and operating positions at Cosma International, a Magna operating unit. Kotagiri holds a master’s degree in mechanical engineering from Oklahoma State University with a specialization in materials and structural engineering.

Kotagiri’s appointment demonstrates the effectiveness of Magna’s robust leadership development and succession planning processes, which have facilitated seamless transitions in 10 of the company’s most senior leadership roles in the last three years.

magna names new ceo	cONNECT WITH MAGNA

TAGS

Leadership change, CEO transition, Tenure

MEDIA CONFERENCE CALL DETAILS

A media conference call will be held at 8 a.m. EDT for 60 minutes, including time for Q&A. To join the call, please dial the phone number five minutes prior to the start of the conference call and provide the confirmation number: 49989733

Dial-In:	1 (866)-215-5508 Canada Toll Free
	1 (514)-841-2157 Canada Toll
	1 (888)-771-4371 US Toll Free
	1 (847)-585-4405 US Toll

For a current list of available local and international freephone telephone numbers,

CLICK http://www.yourconferencecenter.com/r.aspx?p=11&a=UyxrKCHDVVobDN

INVESTOR CONTACT

Louis Tonelli, Vice President, Investor Relations

louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT

Tracy Fuerst, Vice President, Global Corporate Communications & PR

tracy.fuerst@magna.com, 248.761.7004

ABOUT MAGNA

We are a mobility technology company. We have more than 152,000 entrepreneurial-minded employees and 346 manufacturing operations and 93 product development, engineering and sales centres in 27 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Magna also has electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.

# # #

magna names new ceo	cONNECT WITH MAGNA

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.

# # #

magna names new ceo	cONNECT WITH MAGNA