Dana Holding’s CEO James Sweetnam has resigned

Article by Christian A., on November 9, 2010

James Sweetnam, who has been the CEO of Dana Holding Corp. since July 2009, has resigned. Dana has had six CEOs in the last three years. While the board searches for a successor, Executive Chairman John Devine will serve as interim CEO. Director Richard Wallman will be leading the search committee.

Sweetnam, who was with Eaton Corp. for 11 years, had replaced Devine at Dana. Sweetnam also has experience in heading Eaton's truck group.

In February 2008, when Dana emerged from its two-year bankruptcy, Devine became acting CEO and took over after Mike Burns' four-year stint.

In April 2008, Gary Convis, a former Toyota Motor Corp. manufacturing executive, became CEO.

In November, Convis became vice chairman in November, while Devine once again held the CEO position. Before Devine joined Dana, he held senior executive positions in a career that spanned over 30 years in the auto industry.

Devine has experienced being the CFO of both General Motors and Ford Motor Co. Dana, a supplier of axles, driveshafts and structural, sealing, and thermal management products, holds the No. 9 position on the Automotive News list of the top 150 suppliers to North America.

In the 2009 fiscal year, Dana posted sales of $2.67 billion. [via autonews - sub. required]

Topics: ceo, united states

If you liked the article, share on:

Pin It

Comments

Recommended

Uber has resumed its self-driving tests after having had to temporarily put them on hold following a crash in Arizona on Friday. A Volvo XC90, the test vehicle involved in...
by - March 30, 2017
Owning a supercar in the past meant you’ll have to compromise. But there’s no need for that anymore - thanks to the Ford Performance engineers. The company ensures that you...
by - March 30, 2017
Tesla marked a major milestone as it surpassed Ford in market capitalization. Automaker Tesla, formerly known as Tesla Motors, closed out the trading on March 27, 2017, with a market...
by - March 30, 2017
The mid-cycle facelift for the Mercedes-Benz's S-Class have been disclosed to the public eye via these leaked shots. The images that recently surfaced and others like it were published online...
by - March 30, 2017
Reddit user Jdubbswrx spotted a rather deceptive move coming from the German automotive manufacturer Audi. He posted an image of the supposed exhaust of the new 2018 Audi SQ5 sporting...
by - March 29, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries