This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. Magna appointed Philip Fracassa EVP and CFO effective immediately, the automotive supplier announced in a Sept. 11 press release. Fracassa’s appointment follows Magna’s strategy to deliver “sustainable shareholder value through operational excellence, financial discipline, and efficient capital allocation,” per the release. “Phil is a seasoned financial lead ...