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Magna Cum Laude.


Despite the amount of ink Frank Stronach has commanded on Canada's financial pages over the years, until now there hasn't been an attempt to tell the full story of the man and his success in book form. Magna Cum Laude--How Frank Stronach became Canada's best-paid man fills this gap quite effectively. Author Wayne Lilley charts Stronach's initial rise as a young immigrant entrepreneur, right through the many controversies he's been a part of in the past 20 years--the Sinclair Stevens conflict-of-interest affair, the near-bankruptcy of Magna, and Stronach's investment in Magna Entertainment Corp., to name but a few.

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The book is a balanced picture of a savvy businessman who, while pursuing product perfection in his auto parts empire, has managed to draw much praise and an equal amount of criticism. This well-researched book is a very good introduction to Magna and the man behind its remarkable growth.

By Wayne Lilley. Published by Douglas Gibson Books. For more information visit www.mcclelland.com.

COPYRIGHT 2006 Society of Management Accountants of Canada
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

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Publication:CMA Management
Date:Dec 1, 2006
Words:164
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