"We thank Mark for his contributions to Magna over the past three years, particularly in building Magna's presence in the Asia-Pacific region and in strengthening our relationships with the Asian-based OEMs, and we wish him well in the future."

Magna International Inc. announced Friday that Mark Hogan has decided to leave the company at year-end "to pursue other opportunities." Hogan had become president of the auto parts maker in August 2004 after ... via CBC News