FRANK STRONACH

FOUNDER AND HONORARY CHAIRMAN

Frank Stronach is one of Canada’s greatest entrepreneurs. Born in Austria to working-class parents, Stronach apprenticed as a tool and die maker before coming to Canada in 1954. He soon founded what became known as Magna International – which grew into one of the world’s largest automotive parts manufacturers. Through Magna, Stronach has created over 170,000 jobs, shared more than $1 billion with workers, and contributed billions of dollars to the economy. The economic charter of rights he established at Magna, with shared profits with all of the company’s stakeholders, was the key to Magna’s success and created a blueprint for enhanced productivity and profitability.

Stronach has long been a leading figure in the horse race industry, has served in the Austrian parliament and is a well-known philanthropist and community leader in his home town of Aurora, Ontario.