Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO

Announces Plan to Sell Off-Highway Business

Initiates $200 Million Cost Reduction Plan

Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow

MAUMEE, Ohio, Nov. 25, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald, a member of the Dana Board of Directors, as Chairman and Chief Executive Officer, effective immediately. Mr. McDonald's appointment follows the retirement of James Kamsickas as Chief Executive Officer and his departure from the Board. Mr. Kamsickas will remain as an advisor to the Company through March 2025 to support the transition. The Board has retained a leading executive search firm to identify the Company's next permanent CEO.

MAUMEE, Ohio, Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.

The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024, to holders of Dana common stock as of Nov. 8.

About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.

MAUMEE, Ohio, Oct. 22, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced that it has earned the Powertrain Product of the Year Award for its Spicer™ eSP502 e-Transmission with Power Take-off (PTO) at the Power Progress Summit 2024 held in Chicago on Oct. 1-2.

The award recognizes Dana's commitment to zero emissions — offering OEMs an easily integrated, fully electric driveline system to enhance the sustainability of their applications.

MAUMEE, Ohio, Oct. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions.

MAUMEE, Ohio, Oct. 9, 2024 /PRNewswire/ -- Dana Incorporated announced today that Seth Metzger has been appointed Senior Vice President and Chief Technology Officer (CTO), succeeding Christophe Dominiak who is retiring from Dana.

Mr. Metzger has been with Dana for more than two decades and has extensive experience in engineering and technology development. He most recently served as Senior Vice President of Electrification, as well as President of the Dana TM4 joint venture. Mr. Metzger also held strategic leadership roles in engineering, including Vice President of Engineering for Light Vehicle Driveline, Vice President of Global Corporate Engineering and Electrification, and Senior Director of Core Engineering.

LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE: DAN) debuted a new certified remanufacturing program for Dana Spicer™ Off-Highway drivetrain components that extends equipment life cycles, supports sustainability initiatives, and improves return on investment.

Currently available at Dana facilities across Europe, the Dana Certified Reman™ program will extend to an additional 50 locations in North America, Europe, the Middle East, Africa, and China by the end of 2025.

LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE: DAN) announced numerous advancements in its portfolio of technologies and aftermarket service capabilities for mobile and industrial mining equipment.

Located in booth 12359 of the West Hall, Dana is unveiling the new Dana Certified Reman™ program for Dana Spicer™ drive components used in mining and throughout off-highway. This new aftermarket remanufacturing initiative extends equipment life cycles to support sustainability initiatives and reduce the total cost of ownership.

MAUMEE, Ohio, Aug. 26, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of Craig Price as Senior Vice President and President of Dana's Off-Highway (OH) Drive and Motion Systems, effective September 1. Mr. Price succeeds Jeroen Decleer, who unfortunately passed away earlier this month following a brief illness. A 20-year veteran of the company, Jeroen was a people-first leader with tremendous business acumen and understanding of the industry. He represented the very best of Dana, and he will be remembered far beyond his professional achievements and greatly missed by the collective Dana family.

MAUMEE, Ohio, Aug. 22, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) recently announced its 2023 Supplier Awards recipients. Eight companies representing five countries were recognized for displaying excellence in supporting Dana's strategy. 

A special ceremony was held on August 14 at the company's world headquarters in Maumee to honor the winners.

This year's award winners include:

MAUMEE, Ohio, July 24, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.  

The board declared a quarterly dividend of $0.10 per share, payable Aug. 30, 2024, to holders of Dana common stock as of Aug. 9.

About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.