{"id":507339,"date":"2021-06-28T16:48:13","date_gmt":"2021-06-28T20:48:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business\/"},"modified":"2021-06-28T16:48:13","modified_gmt":"2021-06-28T20:48:13","slug":"dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business\/","title":{"rendered":"Dana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems Business"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MAUMEE, Ohio<\/span>, <span class=\"xn-chron\">June 28, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Dana Incorporated (NYSE: DAN) today announced a leadership change for its Light Vehicle Drive Systems business.\u00a0 <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1442444\/Byron_Foster.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1442444\/Byron_Foster.jpg\" title=\"Byron Foster (PRNewsfoto\/Dana Incorporated)\" alt=\"Byron Foster (PRNewsfoto\/Dana Incorporated)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Industry veteran <span class=\"xn-person\">Byron Foster<\/span>, who most recently served as Dana&#8217;s senior vice president and chief commercial, marketing, and communications officer, will succeed <span class=\"xn-person\">Bob Pyle<\/span> as president, Light Vehicle Drive Systems.\u00a0 Mr. Pyle announced that he will be leaving Dana, effective <span class=\"xn-chron\">July 9<\/span>, to accept a CEO position outside the mobility industry.\u00a0<\/p>\n<p>Mr. Foster previously served in senior executive roles at Johnson Controls, Inc., and Adient plc for more than two decades.\u00a0<\/p>\n<p>&#8220;Byron&#8217;s tremendous commercial and operational experience, coupled with his commitment to customer centricity, make him an ideal fit to lead our Light Vehicle business,&#8221; said\u00a0James Kamsickas, Dana chairman and CEO.\u00a0 &#8220;I&#8217;d like to thank Bob for his leadership and service to Dana as he helps to ensure a smooth transition.&#8221;<\/p>\n<p>Mr. Foster earned a Bachelor of Business Administration degree from the\u00a0University of Michigan\u00a0and a Master of Business Administration degree from\u00a0Northwestern University.<\/p>\n<p>\n        <u>About Dana Incorporated<br \/><\/u>Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions for all mobility markets across the globe.\u00a0 The company&#8217;s conventional and clean-energy solutions support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.<\/p>\n<p>Based in <span class=\"xn-location\">Maumee, Ohio<\/span>, USA, the company reported sales of <span class=\"xn-money\">$7.1 billion<\/span> in 2020 with 38,000 associates in 33 countries across six continents.\u00a0 Founded in 1904, Dana was named one of &#8220;America&#8217;s Most Responsible Companies 2021&#8221; by <i>Newsweek<\/i> for its emphasis on sustainability and social responsibility.\u00a0 The company is driven by a high-performance culture that focuses on its people, which has earned it global recognition as a top employer, including &#8220;World&#8217;s Best Employer&#8221; from <i>Forbes<\/i> magazine.\u00a0 Learn more at dana.com.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/460745\/dana_incorporated_logo_Logo.jpg\" title=\"Dana Incorporated logo. (PRNewsFoto\/Dana Incorporated)\" alt=\"Dana Incorporated logo. (PRNewsFoto\/Dana Incorporated)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL26623&amp;sd=2021-06-28\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business-301321309.html\">https:\/\/www.prnewswire.com\/news-releases\/dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business-301321309.html<\/a><\/p>\n<p>SOURCE  Dana Incorporated<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL26623&amp;Transmission_Id=202106281645PR_NEWS_USPR_____CL26623&amp;DateId=20210628\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MAUMEE, Ohio, June 28, 2021 \/PRNewswire\/ &#8212;\u00a0Dana Incorporated (NYSE: DAN) today announced a leadership change for its Light Vehicle Drive Systems business.\u00a0 Industry veteran Byron Foster, who most recently served as Dana&#8217;s senior vice president and chief commercial, marketing, and communications officer, will succeed Bob Pyle as president, Light Vehicle Drive Systems.\u00a0 Mr. Pyle announced that he will be leaving Dana, effective July 9, to accept a CEO position outside the mobility industry.\u00a0 Mr. Foster previously served in senior executive roles at Johnson Controls, Inc., and Adient plc for more than two decades.\u00a0 &#8220;Byron&#8217;s tremendous commercial and operational experience, coupled with his commitment to customer centricity, make him an ideal fit to lead our Light Vehicle business,&#8221; said\u00a0James &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dana-incorporated-announces-leadership-change-for-its-light-vehicle-drive-systems-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dana Incorporated Announces Leadership Change for its Light Vehicle Drive Systems Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-507339","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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