Hogan spent more than 30 years with General Motors, most recently as its advanced vehicle development chief.
Hogan's appointment is immediate. He will replace Belinda Stronach, daughter of Frank Stronach, interim CEO and founder of the Canadian parts giant.
Belinda Stronach resigned earlier this year to launch a political career. In June she was elected to the Canadian Parliament.
Hogan, 53, had previously been mentioned as a possible successor to GM product czar Bob Lutz. He has held positions with the company as head of the internet business unit and small car operations.
Hogan will be the second top executive at the No. 1 automaker to leave the company to head up operations at a supplier. Earlier this year, former GM Europe President Mike Burns resigned to join Dana Corp. as president and CEO.
Magna International is fourth on the Automotive News ranking of top suppliers to North American automakers in 2003 with more than $9 billion in sales.
The reasons for Hogan's defection to Magna were not immediately clear.
Reuters contributed to this report.